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Nexben
Minneapolis, US · Founded 2015 · Delaware corporation · 1 known investors
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Nexben provides technology for managing health benefits, including an ICHRA platform for administering health benefit payments and plan administration for benefit consultants and employers, and an FMO offering that supports brokers with tools and resources across Medicare, individual health, ancillary, and group products. It serves benefit consultants, employers, and insurance brokers in the health benefits industry.
Founders & leadership
MP
MD
Matthew DarraghExecutive
JB
James B. SparksNamed on SEC filing
KR
Kevin R. TerrellNamed on SEC filing
Board
Investors · 1
Reported raises · per SEC filings
Form D private placements$33.6M disclosed across 4 rounds · 2015–2024
▶$24.1MraisedMay 2026 · 26 investors · Other TechnologyRule 506(b)
▶$24.1MraisedMay 2026 · 26 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Jamison RiceDirector
- Mark SmithExecutive Officer
- Theresa SextonDirector
- Keith HuckabyDirector
- Matt MainelliDirector
- Matt DarraghExecutive Officer
- Mark PontilanaExecutive Officer
- Lawrence LeisureDirector
- Ken FasolaDirector
- Offering amount
- $28.2M
- Amount sold
- $24.1M
- Sales commissions
- $600K
- Placement agents
- Finalis Securities LLC
- First sale
- Apr 2022
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$1.6MraisedJul 2025 · 5 investors · Other TechnologyRule 506(b)
▶$1.6MraisedJul 2025 · 5 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Mark PontlianaExecutive Officer
- Keith HuckabyExecutive Officer, Director
- Matthew DarraghExecutive Officer
- John KellyDirector
- Jamison RiceDirector
- Theresa SextonDirector
- Offering amount
- $2M
- Amount sold
- $1.6M
- First sale
- Jul 2024
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$5.1MraisedJun 2020 · 18 investors · Other TechnologyRule 506(b)
▶$5.1MraisedJun 2020 · 18 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Kevin R. TerrellExecutive Officer
- John KellyExecutive Officer, Director, Promoter
- James B. SparksExecutive Officer
- Offering amount
- $7.1M
- Amount sold
- $5.1M
- First sale
- May 2020
- Incorporated
- Corporation, Delaware, 2015
- Federal exemptions
- 06b
▶$2.9MraisedSep 2019 · 20 investors · Other TechnologyRule 506(b)
▶$2.9MraisedSep 2019 · 20 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- James B. SparksExecutive Officer
- John KellyExecutive Officer, Director, Promoter
- Kevin R. TerrellExecutive Officer
- Offering amount
- $3.4M
- Amount sold
- $2.9M
- First sale
- Aug 2015
- Incorporated
- Corporation, Delaware, 2015
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
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In the news
Frequently asked questions
- What does Nexben do?
- Nexben provides technology for managing health benefits, including an ICHRA platform for administering health benefit payments and plan administration for benefit consultants and employers, and an FMO offering that supports brokers with tools and resources across Medicare, individual health, ancillary, and group products. It serves benefit consultants, employers, and insurance brokers in the health benefits industry.
- Who are Nexben's investors?
- Nexben's investors include Claritas Capital.
- How much funding has Nexben raised?
- Nexben has disclosed $33.6M raised across 4 rounds.
- Where is Nexben headquartered?
- Nexben is headquartered in Minneapolis, US.