About 121 Benefits
121 Benefits is a company based in Minneapolis (United States) founded in 2015 by Linda Heuer was acquired by Benefit Resource in October 2020.. 121 Benefits operates in a competitive market with competitors including Bright Horizons Family Solutions, Zenith American Solutions, Intellivo, SAVii and Circle In, among others.
- Headquarter Minneapolis, United States
- Founders Linda Heuer
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Sectors
Business Services
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Benefit Resource
(Oct 01, 2020)
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Funding Insights of 121 Benefits
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in 121 Benefits
121 Benefits has secured backing from 1 investor. Prominent investors backing the company include Benefit Resource. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Provider of tax-free benefits programs and COBRA administration services
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by 121 Benefits
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - 121 Benefits
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
121 Benefits Comparisons
Competitors of 121 Benefits
121 Benefits operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Bright Horizons Family Solutions, Zenith American Solutions, Intellivo, SAVii and Circle In, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Early education and child care services are provided globally.
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| domain | founded_year | HQ Location |
Third-party administration services are provided for U.S. workforce benefits.
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| domain | founded_year | HQ Location |
Healthcare claims detection and recovery solutions are provided.
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| domain | founded_year | HQ Location |
Provider of Payday Loans
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Employee benefit services are provided to support company workforces.
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Provider of employee benefit services
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about 121 Benefits
When was 121 Benefits founded?
121 Benefits was founded in 2015.
Where is 121 Benefits located?
121 Benefits is headquartered in Minneapolis, United States. It is registered at Minneapolis, Minnesota, United States.
What does 121 Benefits do?
121 Benefits, founded in 2015 in Minneapolis, United States, focuses on providing business support, hr services, and employee benefits. Provider of employee benefits services. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
Who are the top competitors of 121 Benefits?
121 Benefits's top competitors include Bright Horizons Family Solutions, Intellivo and Zenith American Solutions.
Who are 121 Benefits's investors?
121 Benefits has 1 investor. Key investors include Benefit Resource.