Benefit Express

Schaumburg, United States Founded: 2001 • Age: 25 yrs Acquired By Wright Express
Employee benefits and HR services are provided via SaaS platform.
Annual revenue - Latest available
Total funding - Funding intelligence
Employees - Tracked headcount
Investors 2 Known backers
Products 3 Services tracked
Competitors 11 Brand Intelligence

About Benefit Express

Benefit Express is a company based in Schaumburg (United States) founded in 2001 was acquired by Wright Express in April 2021. Benefit Express offers products and services including Fuel Cards, Benefits Administration, and Virtual Cards. Benefit Express operates in a competitive market with competitors including Hinge Health, Alight, Swile, Practo and Accolade, among others.

  • Headquarter Schaumburg, United States
  • Sectors
    Technology
    Healthcare
  • Phone
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  • Website
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  • Social
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  • Legal Name Benefit Express Services
Operational Areas
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    Not available
  • Acquired by
    Wright Express

    & 1 more

    (Apr 14, 2021)

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Products & Services of Benefit Express

Benefit Express offers a comprehensive portfolio of products and services, including Fuel Cards, Benefits Administration, and Virtual Cards.

Product name locked
Category locked
Primary

Cards for tracking and managing fuel expenses in fleets

Product name locked
Category locked
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Platform for managing HSAs, FSAs, and COBRA accounts

Product name locked
Category locked
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Tools for automating accounts payable and supplier payments

Funding Insights of Benefit Express

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Detailed funding history for Benefit Express

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  • Funding amounts
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  • Valuation history

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Investors in Benefit Express

Benefit Express has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Wright Express and LLR Partners.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Private equity firm investing in technology and healthcare businesses for growth capital.
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Employee benefit administration and payment solutions are provided for enterprises.
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Investor details for Benefit Express

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  • Investor domains
  • Investor locations
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Investments & Acquisitions by Benefit Express

Investments
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Investment portfolio details for Benefit Express

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  • Transaction dates
  • Round details
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Financial Statements - Benefit Express

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Detailed financials for Benefit Express

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Benefit Express Comparisons

Benefit Express Primary company
Description
Employee benefits and HR services are provided via SaaS plat...
Location
Schaumburg, United States
Founded Year
2001
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
Premium access

Peer comparison for Benefit Express

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Competitors of Benefit Express

Benefit Express 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 Hinge Health, Alight, Swile, Practo and Accolade, among others.

Company Name Domain Founded year HQ Location Description
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Virtual physical therapy and digital pain care solutions are provided.
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Cloud-based HRMS solutions are offered for enterprise HR management.
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A card-linked wallet is provided for employee financial management.
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Doctor appointments are booked and healthcare professionals are consulted online.
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Employee health benefits are facilitated via a cloud-based platform.
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Employee benefit administration and payment solutions are provided for enterprises.
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Detailed competitors of Benefit Express

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Latest news on Benefit Express

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Complete news archive for Benefit Express

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Frequently Asked Questions about Benefit Express

Benefit Express was founded in 2001.

Benefit Express is headquartered in Schaumburg, United States. It is registered at Schaumburg, Illinois, United States.

Michael Sternklar is the current CEO of Benefit Express.

Benefit Express was founded in 2001 in Schaumburg, United States, operating in the employee benefits and human resources sector. A SaaS-based outsourcing platform is utilized for benefits administration and health exchange services. Core operations integrate benefits management, with services encompassing enrollment, administration, direct billing, reimbursement accounts, carrier bill reconciliation, total compensation statements, and a dedicated call center. Customized experiences are delivered to support employee engagement and education.

Benefit Express's top competitors include Accolade, Hinge Health and Alight.

Benefit Express offers Fuel Cards, Benefits Administration, and Virtual Cards.

Benefit Express has 2 investors. Key investors include Wright Express, and LLR Partners.

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