Benekiva

Winston-salem, United States Founded: 2017 • Age: 9 yrs
Cloud-based platform for life insurance claims management is operated.
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About Benekiva

Benekiva is a company based in Winston-salem (United States) founded in 2017 by Jason Dively, Brent Williams, Bobbie Shrivastav, and Soven Shrivastav.. Benekiva offers products and services including Benekiva Claims Platform, Life and Annuity Claim Solutions, and Accident Claim Solutions. Benekiva operates in a competitive market with competitors including Lumeris, Binah.ai, Wellx, Assured Allies and Benefits Science, among others.

  • Headquarter Winston-salem, United States
  • Founders Jason Dively, Brent Williams, Bobbie Shrivastav, Soven Shrivastav
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Benekiva Consulting Llp
  • Date of Incorporation 20 Dec, 2021
  • Jurisdiction Bangalore, Karnataka, India
Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
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Products & Services of Benekiva

Benekiva offers a comprehensive portfolio of products and services, including Benekiva Claims Platform, Life and Annuity Claim Solutions, and Accident Claim Solutions. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Automates end-to-end insurance claims for carriers

Streamlines life and annuity claims processing efficiently

Manages accident claims with automated workflows

People of Benekiva
Headcount 50-200
Employee Profiles 30
Board Members and Advisors 5
Employee Profiles
People
Brent Williams
Founder & CEO
People
Kevin Frazier
Project Delivery Manager
People
Maura O'Donnell
Director of Marketing
People
Damir Badzic
Manager Of Configuration Engineering

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Board Members and Advisors
people
Darin Brannan
Advisor
people
Nick Gerhart
Advisor
people
Brian Casey
Advisor
people
Suku Radia
Advisor

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Funding Insights of Benekiva

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2019 Amount Grant - Benekiva Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Benekiva

Benekiva has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include MassChallenge. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
Early-stage entrepreneurs are accelerated through MassChallenge's program.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Benekiva

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Benekiva

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Benekiva Comparisons

Employees
+
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Competitors of Benekiva

Benekiva 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 Lumeris, Binah.ai, Wellx, Assured Allies and Benefits Science, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Lumeris offers population management and accountable care solutions
domain founded_year HQ Location
Provider of a video-based health and wellness monitoring system
domain founded_year HQ Location
Healthcare insurance plans and cashback services are provided.
domain founded_year HQ Location
Predictive solutions are offered for policyholders' aging journeys.
domain founded_year HQ Location
Cloud-based cost containment solutions are delivered to healthcare providers.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Benekiva

Frequently Asked Questions about Benekiva

When was Benekiva founded?

Benekiva was founded in 2017 and raised its 1st funding round 2 years after it was founded.

Where is Benekiva located?

Benekiva is headquartered in Winston-salem, United States. It is registered at Winston-salem, North Carolina, United States.

Who is the current CEO of Benekiva?

Brent Williams is the current CEO of Benekiva. They have also founded this company.

What does Benekiva do?

Benekiva was founded in 2017 in Winston-Salem, United States, as a cloud-based platform focused on life insurance claims management for insurers. Bene-Claims is utilized for processing and payment tasks, supported by an AI rules engine that is configured to specific company processes and state regulations. Additional modules handle compliance, reporting, and notifications to serve client needs in the insurance sector.

Who are the top competitors of Benekiva?

Benekiva's top competitors include Lumeris, Assured Allies and Remedinet Technologies.

What products or services does Benekiva offer?

Benekiva offers Benekiva Claims Platform, Life and Annuity Claim Solutions, and Accident Claim Solutions.

Who are Benekiva's investors?

Benekiva has 1 investor. Key investors include MassChallenge.

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