About Basys
Basys is a Technology company based in Baltimore (United States) founded in 1977, and was acquired by BPOC in January 2022. Health and retirement benefits are managed via Basys web platform. It operates in the Technology and Healthcare sectors. Basys offers products and services including Web Portals, Cloud Hosting, and Benefit Essentials. Its focus areas include Enterprise Applications, HRTech, Employee Benefits and Health Benefits. Its legal entity is Basys Inc. Its competitors include Hinge Health, Accolade and Sharecare; 3 of its 3 listed competitors have raised funding.
Company details
Basys was founded in 1977 in Baltimore, United States, within the employee benefits software sector. A web-based platform is provided for employers to handle health-administered plans and for third-party insurance administrators to oversee health, welfare, and retirement benefits. Self-service options are available for customers to process benefit modifications and fulfill reporting needs. The company operates on a premium-based revenue model.
Products & Services of Basys
Basys offers a comprehensive portfolio of products and services, including Web Portals, Cloud Hosting, and Benefit Essentials.
Secure platforms for managing member benefits and self-service access
Reliable hosting for benefits administration systems and data security
Tools for automating and streamlining multiemployer fund operations
Funding Insights of Basys
- Total Rounds 2
- Last Round Unspecified — $322,188
- First Round $420,000
(Oct 2011)
All 2 funding rounds of Basys with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2014 | $322,188 | Unspecified | – | – | – |
| Oct 2011 | $420,000 | Unspecified | – | – | – |
2 investors in total: 2 institutional.
Investors in Basys
Basys has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include BPOC and Fivearrows.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Buyouts are targeted by BPOC, a private equity firm. | bpoc.com | Chicago, United States | ||
Investor details for Basys
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Basys
56 people are tracked at Basys (11 in leadership, 45 in team).
| Name | Role | Group |
|---|---|---|
Akhilesh Mishra | Chief Architect | Leadership |
Jared King | Director, Software Solutions | Leadership |
Todd Plesko | Chief Executive Officer | Leadership |
Jeff Herman | Executive Vice President & CRO | Leadership |
Rinku Dabkara | VP of Software Solution-Technology | Leadership |
Ron Rock | Chief Technology Officer | Leadership |
Debra Pearson | Vice President Enterprise Scaling | Leadership |
Chris Rimmel | Director of Software Solutions | Leadership |
Harry Caplan, CSM, KMP | Director, Software Solutions | Leadership |
Michael R. Benfield, Sr. | Vice President Of Customer Success, ISSI Platform | Leadership |
Richard Mahoney | Director Of Sales | Leadership |
Guillen R. | Senior Software Engineer | Team |
Jordan Aletraris | Software Engineer | Team |
Emily Hamilton | Associate Software Engineer | Team |
Antoine Williams | Senior Software Engineer | Team |
Konstantin V. | Software Engineer | Team |
Anthony Johnstone | Software Implementation Consultant | Senior Business Analyst | Team |
Kevin Duggan | Senior Programmer Analyst/Software Analyst | Team |
LAWRATU BAH,MS,CSM,CSPO,SSM,SASM,MS | Software Business Analyst II | Team |
Nicole Wagner | Senior Manager Data Integration | Team |
36 more people are available in the full profile.
Complete people profiles for Basys
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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- Team structure
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- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Basys
4 dated milestones of Basys across 45 years, from founding to its latest funding, stage changes and deals.
- Founded Basys is founded.
- Funding First funding round of $420K.
- Funding Latest funding round, Unspecified, of $322K.
- Exit Acquired by BPOC.
Competitors of Basys
Basys has 3 listed competitors in our database, 3 of them funded. They include Hinge Health, Accolade and Sharecare.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| hingehealth.com | 2015 | San Francisco, United States | $854.44M | 1,442 | Virtual physical therapy and digital pain care solutions are provided. | |
| accolade.com | 2007 | Plymouth Meeting, United States | $228.3M | Employee health benefits are facilitated via a cloud-based platform. | ||
| sharecare.com | 2010 | Atlanta, United States | $64M | 1,988 | Health and wellness social network for employees is provided. |
Detailed competitors of Basys
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Basys
The website of Basys (basys.com) receives about 1.5K visits a month.
- Monthly visits1.5K
▼ 1.6% vs previous month
Websites whose visitors overlap most with Basys. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
goliath.ecnext.com | goliath.ecnext.com | 100% | – | ||
ifebp.org | ifebp.org | 96% | #497,969 | – | |
encyclopedia.com | encyclopedia.com | 69% | #72,079 | – |
Top companies in HR & Workforce Technology
3 companies that operate in the same segment as Basys (HR & Workforce Technology) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Anonymous employee reviews and job search platform are operated. | 2007 | San Francisco, California, United States | USD 201.5 M | 1,695 | ||
Cloud-based LMS platform for IT industry | 2004 | Farmington, Utah, United States | USD 235.41 M | USD 4.95 M | 1,774 | |
Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M |
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Related news about Basys
Complete news archive for Basys
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Frequently Asked Questions about Basys
Basys was founded in 1977 and raised its 1st funding round 34 years after it was founded.
Basys is headquartered in Baltimore, United States. It is registered at Baltimore, Maryland, United States.
Basys was founded in 1977 in Baltimore, United States, within the employee benefits software sector. A web-based platform is provided for employers to handle health-administered plans and for third-party insurance administrators to oversee health, welfare, and retirement benefits. Self-service options are available for customers to process benefit modifications and fulfill reporting needs. The company operates on a premium-based revenue model.
Basys's top competitors include Accolade, Hinge Health and Sharecare.
Basys offers Web Portals, Cloud Hosting, and Benefit Essentials.
Basys has 2 investors. Key investors include BPOC, and Fivearrows.
Basys operates through Basys Inc..
Yes. Basys was acquired by BPOC in January 2022.