About Benefit Express
Benefit Express is a Technology company based in Schaumburg (United States) founded in 2001, and was acquired by Wright Express in April 2021. It operates as an employee benefits and HR services are provided via SaaS platform. It operates in the Technology and Healthcare sectors. Its chief executive is Michael Sternklar. Benefit Express offers products and services including Fuel Cards, Benefits Administration, and Virtual Cards. Its focus areas include Enterprise Applications, HRTech, Employee Benefits and Benefits Adminstration. Its legal entity is BENEFIT EXPRESS SERVICES. Its competitors include Hinge Health, Alight, Swile, Practo and Accolade and 5 more; 8 of its 10 listed competitors have raised funding.
Company details
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.
- Headquarters Schaumburg, United States
- Stage Acquired
- SectorsTechnologyHealthcare
- Website benefitexpress.info
- Social LinkedIn X Facebook Instagram YouTube
- Acquired by Wright Express (Apr 2021)
- Legal Name Benefit Express Services
- InvestorsWright Express
& 1 more
- Acquired by
Products & Services of Benefit Express
Benefit Express offers a comprehensive portfolio of products and services, including Fuel Cards, Benefits Administration, and Virtual Cards.
Cards for tracking and managing fuel expenses in fleets
Platform for managing HSAs, FSAs, and COBRA accounts
Tools for automating accounts payable and supplier payments
Apps and channels of Benefit Express
its YouTube channel WEX Inc has 2.12K subscribers and 30 videos.
Videos from Benefit Express
The most watched videos on Benefit Express's YouTube channel, WEX Inc (2.12K subscribers). Click a video to play it here.
More on WEX Inc.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity firm investing in technology and healthcare businesses for growth capital. | – | llrpartners.com | - | |
Employee benefit administration and payment solutions are provided for enterprises. | 1983 | wexinc.com | Portland, United States |
Investor details for Benefit Express
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People of Benefit Express
1 people are tracked at Benefit Express (1 in leadership).
| Name | Role | Group |
|---|---|---|
Michael Sternklar | CEO | Leadership |
Complete people profiles for Benefit Express
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Timeline of Benefit Express
3 dated milestones of Benefit Express across 20 years, from founding to its latest funding, stage changes and deals.
- Founded Benefit Express is founded.
- Exit Acquired by LLR Partners.
- Exit Acquired by Wright Express.
Competitors of Benefit Express
Benefit Express has 10 listed competitors in our database, 8 of them funded. They include Hinge Health, Alight, Swile, Practo and Accolade, among others.
| 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. | |
| alight.com | 2015 | Lincolnshire, United States | $8.75M | 9,874 | Cloud-based HRMS solutions are offered for enterprise HR management. | |
| vee.digital | 2016 | Sao Paulo, Brazil | – | – | A card-linked wallet is provided for employee financial management. | |
| practo.com | 2008 | Bengaluru, India | $227.88M | – | Doctor appointments are booked and healthcare professionals are consulted online. | |
| accolade.com | 2007 | Plymouth Meeting, United States | $228.3M | – | Employee health benefits are facilitated via a cloud-based platform. | |
| wexinc.com | 1983 | Portland, United States | – | 6,123 | Employee benefit administration and payment solutions are provided for enterprises. | |
| sharecare.com | 2010 | Atlanta, United States | $64M | 1,988 | Health and wellness social network for employees is provided. | |
| businessolver.com | 1998 | West Des Moines, United States | $65.16M | 1,401 | Cloud-based employee benefits administration solutions are delivered. | |
| spendesk.com | 2016 | Paris, France | $303.82M | – | Provider of prepaid cards for financial benefits of employees | |
| betterfly.com | 2018 | Santiago, Chile | $202.5M | – | Employee health and well-being solutions are delivered through a platform. |
Detailed competitors of Benefit Express
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Web traffic of Benefit Express
Websites that share an audience with Benefit Express (benefitexpress.info).
Websites whose visitors overlap most with Benefit Express. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| datair.com | 100% | – | #9,710,929 | View details | |
mybenefitexpress.com | mybenefitexpress.com | 90% | – | #317,394 | – |
| benaissance.com | 69% | 88.9K | #340,424 | View details | |
| stanleybenefits.com | 64% | – | – | View details | |
ims-tpa.com | ims-tpa.com | 62% | – | #4,619,031 | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 9 similar websites and full traffic analytics for Benefit Express
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Top companies in HR & Workforce Technology
10 companies that operate in the same segment as Benefit Express (HR & Workforce Technology), 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 | – | – | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
Reward-based crowdfunding is facilitated for content creators and musicians. | 2013 | San Francisco, California, United States | USD 412.1 M | – | 1,218 | |
Virtual physical therapy and digital pain care solutions are provided. | 2015 | San Francisco, California, United States | USD 854.44 M | – | 1,746 | |
Cloud-based HR and financial software is delivered to enterprises. | 2005 | Pleasanton, California, United States | USD 352.3 M | USD 9.53 B | 21,000 | |
Businesses are connected with freelancers via an online marketplace. | 1999 | San Francisco, California, United States | USD 140 M | USD 787.78 M | 600 | |
Tech-enabled mental health solutions for employers are provided. | 2016 | New York, New York, United States | USD 473.73 M | – | 3,902 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.2 B | – | 5,356 |
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Related news about Benefit Express
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.
Benefit Express operates through Benefit Express Services.
Yes. Benefit Express was acquired by Wright Express in April 2021.