Benepass
YC W20 ↗New York City, US · Founded 2019 · Delaware corporation · 45 employees · 10 known investors
Benepass provides flexible benefits platforms that enable employers to offer personalized, choice-based employee benefits aligned with company values and DEI initiatives. The platform helps companies strengthen employer branding and support employee wellness across diverse workforce needs.
Founders & leadership· Y Combinator alumni (W20)
JC
Jaclyn CheninFounder
MF
Mark FischerinFounder
KS
Kabir SooryainFounder
SC
Stephanie ChooDirector
MI
Mohammad IslamDirector
MA
Matthew AlfieriDirector
Investors · 10
Amino CapitalPalo Alto · $100K – $10M
Centana Growth PartnersSan Francisco · $10M – $50M
Clocktower VenturesSanta Monica · $100K – $20M
Gradient VenturesSan Francisco · $100K – $10M
MVP VenturesChicago
Y CombinatorSan Francisco · $500K
Centana PartnersreportedNew York
Portage VenturesreportedMontreal
Threshold VenturesreportedPalo Alto · $500K – $20M
Workday VenturesreportedSan Francisco
Reported raises · per SEC filings
Form D private placements▶$40MraisedDec 2025 · 5 investors · OtherRule 506(b)
▶$40MraisedDec 2025 · 5 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- Matthew AlfieriDirector
- Mark FischerDirector
- Stephanie ChooDirector
- Jaclyn ChenExecutive Officer, Director
- Offering amount
- $40M
- Amount sold
- $40M
- First sale
- Nov 2025
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$20MraisedFeb 2024 · 5 investors · OtherRule 506(b)
▶$20MraisedFeb 2024 · 5 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- Jaclyn ChenExecutive Officer, Director
- Kabir SooryaDirector
- Mohammad IslamDirector
- Mark FischerDirector
- Stephanie ChooDirector
- Offering amount
- $20M
- Amount sold
- $20M
- First sale
- Dec 2023
- Incorporated
- Corporation, Delaware, 2019
- Federal exemptions
- 06b
▶$12MraisedAug 2021 · 10 investors · Other TechnologyRule 506(b)
▶$12MraisedAug 2021 · 10 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Mohammad IslamDirector
- Kabir SooryaExecutive Officer, Director
- Jaclyn ChenExecutive Officer, Director
- Offering amount
- $12M
- Amount sold
- $12M
- First sale
- Jul 2021
- Incorporated
- Corporation, Delaware, 2019
- Federal exemptions
- 06b
▶$2.5MraisedJun 2020 · 15 investors · Other TechnologyRule 506(b)
▶$2.5MraisedJun 2020 · 15 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Kabir SooryaDirector
- Jaclyn ChenExecutive Officer, Director
- Offering amount
- $2.5M
- Amount sold
- $2.5M
- First sale
- Apr 2020
- Incorporated
- Corporation, Delaware, 2019
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
In the news
- Benepass Introduces New Consumer Payment Standards for Employee Benefitsprnewswire.com · 2026
- Benepass Raises $40 Million in Series B | The SaaS Newsthesaasnews.com · 2026
- Benepass bags $40M to help employers redesign benefits — TFNtechfundingnews.com · 2026
- Benepass Raises $40M Series B to Help Employers Redesign Benefits for Rising Healthcare Costsprnewswire.com · 2026
- Benepass Named a Strategic Workday Wellness Partner to Streamline and Improve Modern Wellbeing Benefitsprnewswire.com · 2025
- Benepass Raises $20M in Fundingfinsmes.com · 2024
- Flexible benefits startup Benepass raises $20 millionaxios.com · 2024
- Benepass Raises $12M for its Employee Benefits Card and Management Platform - AlleyWatchalleywatch.com · 2021
