About Alight
Alight is a company based in Lincolnshire (United States) founded in 2015. It operates as a SaaS (Software-as-a-Service) and Managed Services. Alight has raised $8.75 million across 2 funding rounds from investors including Caterpillar. The company has 9,500 employees as of December 31, 2024. Alight has completed 6 acquisitions, including Carlson Management Consulting, Compass Professional Health Services and Future Knowledge. Alight offers products and services including Alight Worklife, Alight LumenAI, and Health Benefits Administration. Alight operates in a competitive market with competitors including Swile, Wright Express, Businessolver, HealthEquity and Empyrean, among others.
- Headquarter Lincolnshire, United States
- Employees 9500 as on 31 Dec, 2024
- Stage Public
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Sectors
TechnologyHealthcare
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Email
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Phone
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Website
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Social
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- Legal Name Alight, Inc.
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Annual Revenue
$2.33 B (USD)-2.26as on Dec 31, 2024
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Net Profit
-$147 M (USD)57.39as on Dec 31, 2024
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EBITDA
$450 M (USD)14.21as on Dec 31, 2024
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Total Equity Funding
$8.75 M (USD)
in 2 rounds
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Latest Funding Round
$7.43 M (USD), Series A
Mar 30, 2017
- Investors
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Employee Count
9500
as on Dec 31, 2024
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Investments & Acquisitions
Carlson Management Consulting
& 5 more
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IPO & Listings of Alight
Alight is a publicly listed company on the NYSE with ticker symbol ALIT in USA, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Alight
Alight offers a comprehensive portfolio of products and services, including Alight Worklife, Alight LumenAI, and Health Benefits Administration.
A platform for integrated employee benefits experience.
AI tool for personalized employee benefits insights.
Service for managing comprehensive employee health benefits.
People of Alight
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Software Development Team
126 people
Leadership Team
100 people
Sales and Marketing
46 people
Human Resources and Administration
23 people
Senior Team
20 people
Finance and Accounting
18 people
Health Team
13 people
Product Management Team
12 people
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Funding Insights of Alight
Alight has successfully raised a total of $8.75M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $7.43 million completed in March 2017. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Alight
Alight has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Caterpillar.
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Construction and mining equipment, engines, and locomotives are manufactured.
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Investor details for Alight
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Investments & Acquisitions by Alight
Alight has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include Carlson Management Consulting, Compass Professional Health Services and Future Knowledge.
Investment portfolio details for Alight
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- Portfolio identities
- Transaction dates
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Management consulting services are provided across multiple sectors.
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Cloud-based software for absence and leave management is provided.
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Patient advocacy services for healthcare navigation and transparency are offered.
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Complete acquisition details for Alight
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Financial Statements - Alight
Detailed financials for Alight
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- Profit trends
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Alight Comparisons
Peer comparison for Alight
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Competitors of Alight
Alight 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 Swile, Wright Express, Businessolver, HealthEquity and Empyrean, among others.
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A card-linked wallet is provided for employee financial management.
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Employee benefit administration and payment solutions are provided for enterprises.
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Cloud-based employee benefits administration solutions are delivered.
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Health benefits and savings are managed through an app-based platform.
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Employee benefits administration and AI-driven recommendations are provided for enterprises.
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Detailed competitors of Alight
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Latest news on Alight
Complete news archive for Alight
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Frequently Asked Questions about Alight
Alight was founded in 2015.
Alight is headquartered in Lincolnshire, United States. It is registered at Lincolnshire, Illinois, United States.
Stephan Scholl is the current CEO of Alight.
Alight is a funded company, having raised a total of $8.75M across 2 funding rounds to date.
As of Dec 31, 2024, the latest employee count at Alight is 9,500.
Annual revenue of Alight is $2.33B as on Dec 31, 2024.
Alight is engaged in delivering employee benefits and HR solutions through its integrated platform, Alight Worklife, powered by AI technology like Alight LumenAI. Services are offered across health benefits, retirement benefits, wellbeing, and absence management. The company operates in the HR technology sector, focusing on personalized employee experiences and cost optimization for businesses. Strategic partnerships are maintained with Fortune 100 and 500 companies to enhance workforce management.
Alight's top competitors include Wright Express, Businessolver and HealthEquity.
Alight offers Alight Worklife, Alight LumenAI, and Health Benefits Administration.
Yes, Alight is publicly traded on NYSE under the ticker symbol ALIT.
Alight has made 6 acquisitions, including Carlson Management Consulting, Compass Professional Health Services, and Future Knowledge.
Alight has 1 investor. Key investors include Caterpillar.
The ticker symbol of Alight is ALIT on NYSE.