About Advantage Benefits Group
Advantage Benefits Group is a company based in Grand Rapids (United States) founded in 1997 by Robert L Hughes was acquired by Hylant in December 2010.. The company has 781 employees as of December 31, 2022.
- Headquarter Grand Rapids, United States
- Employees 781 as on 31 Dec, 2022
- Founders Robert L Hughes
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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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Funding Insights of Advantage Benefits Group
| 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 Advantage Benefits Group
Advantage Benefits Group has secured backing from 1 investor. Prominent investors backing the company include Hylant. 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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Offers business insurance, employee benefits, and risk consulting services worldwide.
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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 Advantage Benefits Group
| 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 - Advantage Benefits Group
| 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 |
Advantage Benefits Group Comparisons
Competitors of Advantage Benefits Group
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Advantage Benefits Group
When was Advantage Benefits Group founded?
Advantage Benefits Group was founded in 1997.
Where is Advantage Benefits Group located?
Advantage Benefits Group is headquartered in Grand Rapids, United States. It is registered at Grand Rapids, Michigan, United States.
How many employees does Advantage Benefits Group have?
As of Dec 31, 2022, the latest employee count at Advantage Benefits Group is 781.
What does Advantage Benefits Group do?
Advantage Benefits Group was founded in 1997 by Robert L. Hughes in Grand Rapids, United States. Consultancy services for employee and executive benefits are offered within the human resources sector. Operations center on advising organizations regarding benefit plans, compliance, and strategy implementation. Focus is placed on tailored solutions for workforce retention and executive compensation. The company serves clients across the United States from its base in Michigan.
Who are Advantage Benefits Group's investors?
Advantage Benefits Group has 1 investor. Key investors include Hylant.