About Advanced Benefits
Advanced Benefits is a company based in Coeur D'alene (United States) founded in 1993 by Mark Fisher was acquired by Alliant Insurance Services in April 2024.. Advanced Benefits offers products and services including Employee Benefit Programs, Corporate Wellbeing, and HR and Compliance Services. Advanced Benefits operates in a competitive market with competitors including ADP, UKG, Bullhorn, Alera Group and Wanted, among others.
- Headquarter Coeur D'alene, United States
- Founders Mark Fisher
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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
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Employee Count
Employee Count
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Acquired by
Alliant Insurance Services
(Apr 23, 2024)
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Products & Services of Advanced Benefits
Advanced Benefits offers a comprehensive portfolio of products and services, including Employee Benefit Programs, Corporate Wellbeing, and HR and Compliance Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Designs and manages employee benefit plans to support business needs.
Enhances employee financial and cultural health for company success.
Assists with HR compliance and talent retention strategies.
Funding Insights of Advanced 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 Advanced Benefits
Advanced Benefits has secured backing from 1 investor. Prominent investors backing the company include Alliant Insurance Services. 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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Insurance, risk management, and employee benefits solutions are provided.
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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 Advanced 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 - Advanced 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 |
Advanced Benefits Comparisons
Competitors of Advanced Benefits
Advanced 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 ADP, UKG, Bullhorn, Alera Group and Wanted, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based HR management solutions are offered for payroll and compliance.
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| domain | founded_year | HQ Location |
Provider of HR and payroll & workforce management solutions
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| domain | founded_year | HQ Location |
Cloud-based ATS and CRM systems are offered for staffing agencies.
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| domain | founded_year | HQ Location |
HR, insurance, and liability services are provided by Alera Group.
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| domain | founded_year | HQ Location |
HR management services are provided by Wanted in South Korea.
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| domain | founded_year | HQ Location |
HR outsourcing services are provided to businesses by Insperity.
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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 Advanced Benefits
When was Advanced Benefits founded?
Advanced Benefits was founded in 1993.
Where is Advanced Benefits located?
Advanced Benefits is headquartered in Coeur D'alene, United States. It is registered at Coeur D'alene, Idaho, United States.
Who is the current CEO of Advanced Benefits?
Mark Fisher is the current CEO of Advanced Benefits. They have also founded this company.
What does Advanced Benefits do?
Advanced Benefits was established in 1993 as a provider in the employee benefits sector. Innovative solutions are delivered through an online platform, with benchmarking services extended to businesses and individuals. Partnerships are maintained with the Benefit Advisors Network to foster industry connections. Operations focus on data-driven insights for benefits management, though specific geographic details remain unspecified.
Who are the top competitors of Advanced Benefits?
Advanced Benefits's top competitors include Randstad, Alera Group and UKG.
What products or services does Advanced Benefits offer?
Advanced Benefits offers Employee Benefit Programs, Corporate Wellbeing, and HR and Compliance Services.
Who are Advanced Benefits's investors?
Advanced Benefits has 1 investor. Key investors include Alliant Insurance Services.