Benefitalign

Albuquerque, United States Founded: 2012 • Age: 14 yrs
Provides a SaaS platform for efficient health plan management and benefits administration.

About Benefitalign

Benefitalign is a Healthcare company based in Albuquerque (United States) founded in 2012. It provides a SaaS platform for efficient health plan management and benefits administration. It operates on a B2B model. The company has 119 employees. Its Indian entity Benefitalign Technologies Private Limited reported revenue of β‚Ή3.66 Cr. Its focus areas include Technology, Software as a Service, Health Management and Benefits Administration. Its competitors include Nomi Health, MedXoom and Ribbon Health; 3 of its 3 listed competitors have raised funding.

Company details

Benefitalign provides a saas platform for efficient health plan management and benefits administration through leveraging cutting-edge technology, software as a service, health management, and benefits administration. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field.

  • Headquarters Albuquerque, United States
  • Employees 119
  • Sectors
    Healthcare
  • Email
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  • Phone
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  • Website benefitalign.com
  • Social LinkedIn X Facebook
  • Legal Name Benefitalign Technologies Private Limited
  • Date of Incorporation 02 Jul, 2015
  • Jurisdiction Thiruvananthapuram, Kerala, India
Key Metrics
  • Indian entity revenue
    ₹3.66 Cr

    FY 2023 · -80% YoY

  • Indian entity net profit
    ₹88,290

    FY 2023 · 0% margin

  • Indian entity EBITDA
    ₹24.1 Lakh

    FY 2023 · 7% margin

  • Employee Count
    119

Board of directors of Benefitalign Technologies Private Limited (Benefitalign)

Benefitalign Technologies Private Limited is the primary company behind Benefitalign. The board of Benefitalign Technologies Private Limited currently have 2 directors; the longest-serving is Sasibhushanan Nair Hrishikesh, appointed in 2015.

DirectorDesignationAppointedTenureEntity
Sasibhushanan Nair Hrishikesh
DIN 03031349
Director02 Jul 201511 yrs 3 moBenefitalign Technologies Private Limited
Achuthapanicker Kavungal Uchanathil
DIN 03031396
Director02 Jul 201511 yrs 3 moBenefitalign Technologies Private Limited

People of Benefitalign

5 people are tracked at Benefitalign (3 in leadership, 2 in team); the tracked headcount is 119.

NameRoleGroup
Girish Panicker
Chief Commercial OfficerLeadership
Vivek Garg
Head, OperationsLeadership
Manal Mehta
CEOLeadership
Remya M
Senior Executive HRTeam
Tamara White
Account Manager / Business AnalystTeam
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Complete people profiles for Benefitalign

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Financials of Benefitalign

Figures of Benefitalign Technologies Private Limited, the primary company behind Benefitalign, for FY 2023. Revenue was ₹3.66 Cr (-80% year on year). Net profit was ₹88,290 (0% margin). EBITDA was ₹24.1 Lakh (7% margin). Revenue has grown at a compounded annual rate of -40% over three years and -22% over five years.

  • ₹3.66 CrRevenue · FY 2023 · -80% YoY
  • ₹88,290Net profit · 0% margin
  • ₹24.1 LakhEBITDA · 7% margin
  • ₹1 LakhPaid-up capital
  • 119Employees (provident fund records)
  • -40%Revenue CAGR, 3 years
  • -22%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Benefitalign Technologies Private Limited are on its company page.

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Detailed financial statements for Benefitalign

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Competitors of Benefitalign

Benefitalign has 3 listed competitors in our database, 3 of them funded. They include Nomi Health, MedXoom and Ribbon Health.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
nomihealth.com2018Orem, United States$110M411
Diversified systems and services for health care are provided.
medxoom.com2013Boca Raton, United States$11.42M12
Cloud-based health benefits management platform for employers, patients, and providers
ribbonhealth.com2016New York, United States$55.64M
Predictive analytics platform is provided for healthcare providers.
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Detailed competitors of Benefitalign

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Top companies in Healthcare Provider Support Services

3 companies that operate in the same segment as Benefitalign (Healthcare Provider Support Services) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Provider of self funded health plan
2017New York, New York, United StatesUSD 224 M212
Provider of AI solutions for clinical, operational, and business outcomes
2005Princeton, New Jersey, United StatesUSD 1.13 BUSD 465.22 M5,442
AMN Healthcare is recognized as a leading healthcare staffing provider.
1985San Diego, California, United StatesUSD 2.73 B2,970
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Frequently Asked Questions about Benefitalign

Benefitalign was founded in 2012.

Benefitalign is headquartered in Albuquerque, United States. It is registered at Albuquerque, New Mexico, United States.

Benefitalign has 119 employees.

The primary company behind Benefitalign, Benefitalign Technologies Private Limited, reported revenue of β‚Ή3.66 Cr for FY 2023, down 80% year on year.

Benefitalign provides a saas platform for efficient health plan management and benefits administration through leveraging cutting-edge technology, software as a service, health management, and benefits administration. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field.

Benefitalign's top competitors include MedXoom, Nomi Health and Ribbon Health.

Benefitalign operates through Benefitalign Technologies Private Limited.

The legal entities of Benefitalign currently have 2 directors, including Sasibhushanan Nair Hrishikesh, Achuthapanicker Kavungal Uchanathil.

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