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Benefix
Lancaster, US · Founded 2015 · Delaware corporation · 41 employees on LinkedIn · 3 known investors
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Benefix is a digital platform that connects carriers, brokers, small businesses and individuals to simplify benefits enrollment and access. The platform serves employers and employees seeking clearer healthcare plan options and a streamlined benefits experience.
Founders & leadership
Benefix was founded in 2015 by Matt Ranauro and Lee Shand Snyder.
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Matt RanauroCo-founderMatt Ranauro spent over a decade at advertising agencies building teams and managing product development for major brands including Nike, Burger King, Volkswagen, and Microsoft. He is co-founder of Benefix, a digital platform simplifying benefits enrollment for employers and individuals.
Investors · 3
1855 Capital Partnerslisted by 1855 Capital PartnersState College · $100K – $500Kvia Matt Rhodes · inferred
How we know: open dataset · 5k.vc investor directory · Not right? Tell us
Activate Venture Partnerslisted by Activate Venture PartnersBethlehem · $5M
How we know: Activate Venture Partners's portfolio page · funding news · the VCSheet dataset · Not right? Tell us
Leading Edge VenturesreportedNewark · $50K – $750K
How we know: funding news · open dataset · 5k.vc investor directory · Not right? Tell us
Reported raises · per SEC filings
Form D private placements$12.5M disclosed across 3 rounds · 2017–2020
▶$6.4MraisedJun 2022 · 15 investors · Other TechnologyRule 506(b)
▶$6.4MraisedJun 2022 · 15 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Lee Shand SnyderExecutive Officer
- Matthew RanauroExecutive Officer, Director, Promoter
- Michael JemisonDirector
- Adam MathisDirector
- Glen BressnerDirector
- Matthew RayDirector
- Steve HeilenmanExecutive Officer
- Offering amount
- $6.6M
- Amount sold
- $6.4M
- First sale
- Aug 2020
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$4.2MraisedDec 2019 · 18 investors · Other TechnologyRule 506(b)
▶$4.2MraisedDec 2019 · 18 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Matthew RanauroExecutive Officer, Director
- Michael JemisonDirector
- Glen BressnerDirector
- Jeffrey DavisonDirector
- Todd R BartosExecutive Officer
- Offering amount
- $5.2M
- Amount sold
- $4.2M
- Minimum investment
- $125K
- First sale
- Nov 2019
- Incorporated
- Corporation, Delaware, 2015
- Federal exemptions
- 06b
▶$1.9MraisedNov 2017 · 5 investors · Other TechnologyRule 506(b)
▶$1.9MraisedNov 2017 · 5 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Matt RanauroExecutive Officer
- Offering amount
- $2M
- Amount sold
- $1.9M
- Minimum investment
- $25K
- First sale
- Feb 2017
- Incorporated
- Limited Liability Company, Pennsylvania, 2015
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
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Frequently asked questions
- What does Benefix do?
- Benefix is a digital platform that connects carriers, brokers, small businesses and individuals to simplify benefits enrollment and access. The platform serves employers and employees seeking clearer healthcare plan options and a streamlined benefits experience.
- Who founded Benefix?
- Benefix was founded by Matt Ranauro, Lee Shand Snyder in 2015.
- Who are Benefix's investors?
- Benefix's investors include 1855 Capital Partners, Activate Venture Partners, Leading Edge Ventures.
- How much funding has Benefix raised?
- Benefix has disclosed $12.5M raised across 3 rounds.
- Where is Benefix headquartered?
- Benefix is headquartered in Lancaster, US.