Benefix
Lancaster, US · Founded 2015 · Delaware corporation · 41 employees on LinkedIn · 3 known investors
Find your way into Benefix
116 people in our graph share verified history with the Benefix team — schools, employers, funds. One of them is your warm intro.
Gustav von Sydowunlockedknows Matt Ranauro · together at Crispin Porter + Bogusky (overlapped)
×4knows the team · via Brooklyn College
×5knows the team · via Parsons School of Design - The New School
×2knows the team · via R/GA
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 RanauroinCo-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.
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Lee Shand SnyderinCo-founder
Investors · 3
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.
Competitors · 6
by search overlap
Bswift4 shared keywordsbswift is an AI-native benefits administration platform that helps employers manage enrollment, eligibility, and compliance, offering both fully customizable (Unlimited) and pre-defined (Simplify) implementation paths. It also provides COBRA and compliance administration, dependent verification, payroll reconciliation, a 24/7 employee service center, and data-driven engagement tools for enterprises, mid-market employers, brokers, and channel partners.
Ssctech4 shared keywordsSS&C provides investor services and fund management solutions including a web portal for alternative investments managers to support investor communications, transaction processing, and compliance. The platform serves investment managers and their limited partners across multiple fund complexes.
Benefitter4 shared keywordsBenefitter is a sales enablement software for insurance brokers that provides quoting, enrollment, and client management tools. The platform was built by brokers to simplify the process of selling and managing small business insurance.
Counterpart3 shared keywordsCounterpart is an insurance services company licensed as a producer and surplus lines broker in the United States, offering insurance products across all 50 states and D.C.
Policy Genius3 shared keywordsPolicygenius is an online insurance marketplace that provides consumers with free, tailored quotes and support from licensed agents across life, auto, home, and disability insurance. It helps individuals compare policies from multiple insurers and choose coverage that fits their needs.
QuoteWell3 shared keywordsQuoteWell is a tech-enabled insurance wholesaler that helps agencies place Builder's Risk and other construction-related coverage, offering online quoting and submission workflows plus a "Human+" support model. It serves insurance agencies, particularly small and independent ones lacking direct market access, connecting their construction clients with carriers.
Companies competing with Benefix for the same Google search keywords, organic and paid, via search-intersection analysis.
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.