Who are Businessolver's investors?

Businessolver's investors include JMI Equity, Warburg Pincus.

How much funding has Businessolver raised?

Businessolver has disclosed $65.2M raised across 1 round.

Where is Businessolver headquartered?

Businessolver is headquartered in West Des Moines, US.

Businessolver

West Des Moines, US · 2 known investors

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Businessolver provides a benefits administration platform for employers and HR teams to manage employee benefits enrollment and support. Its offerings include Sofia, an AI-powered virtual assistant that answers employee benefits questions by phone or chat.

Enterprise Software HR Tech SaaS

Founders & leadership

Louis E FloriNamed on SEC filing

J. Douglas ReichardtNamed on SEC filing

Jit SinhaNamed on SEC filing

Jon ShanahanNamed on SEC filing

Michael CoppolaNamed on SEC filing

Sean McMurrayNamed on SEC filing

Steven C WhittyNamed on SEC filing

David GreenbergNamed on SEC filing

Investors · 2

JMI Equitylisted by JMI EquitySan Diego · $25M – $250M

How we know: JMI Equity's portfolio page · Not right? Tell us

Warburg Pincuslisted by Warburg PincusNew York

How we know: Warburg Pincus's portfolio page · Not right? Tell us

Reported raises · per SEC filings

Form D private placements

$65.2M disclosed across 1 round · 2014

▶$65.2MraisedMay 2014 · 1 investors · Other

Rule 506(b)

Officers, directors & promoters on the filing

Louis E FloriDirector
J. Douglas ReichardtExecutive Officer, Director
Jit SinhaDirector
Jon ShanahanExecutive Officer, Director
Michael CoppolaDirector
Sean McMurrayDirector
Steven C WhittyDirector
David GreenbergDirector

Offering amount: $65.2M
Amount sold: $65.2M
Sales commissions: $2M
Proceeds to insiders: $5.2M
Placement agents: Jefferies, LLC
First sale: Apr 2014
Incorporated: Corporation, Delaware
Federal exemptions: 06b

Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Related companies · 3

Lively, Inc.Lively is a provider of health savings accounts (HSAs) and other employee benefits, offering tools for benefits administration. It serves employers and their teams in the United States with features for managing healthcare and wellness benefits.

ADPADP provides cloud-based human capital management solutions that integrate payroll, HR, talent management, time and attendance, tax, and benefits administration for businesses globally. The company serves as a comprehensive provider of HCM software and business outsourcing services with analytics and compliance expertise.

WageworksLeader in administering Consumer-Directed Benefits (CDBs) trading on NYSE under WAGE

Companies working in the same space as Businessolver.

In the news

Businessolver Foundation Uses Service to Strengthen Communities and Connection Across a Remote Workforce | The Manila Timesmanilatimes.net · Jul 2026

Frequently asked questions

What does Businessolver do?: Businessolver provides a benefits administration platform for employers and HR teams to manage employee benefits enrollment and support. Its offerings include Sofia, an AI-powered virtual assistant that answers employee benefits questions by phone or chat.
Who are Businessolver's investors?: Businessolver's investors include JMI Equity, Warburg Pincus.
How much funding has Businessolver raised?: Businessolver has disclosed $65.2M raised across 1 round.
Where is Businessolver headquartered?: Businessolver is headquartered in West Des Moines, US.