About Benestar
Benestar was founded in 2011 and is headquartered in Sydney, Australia. Operations focus on the employee services sector, where incident management solutions are delivered to handle workplace issues, workforce wellness programs are offered to support employee health, and financial services are provided for benefit administration. The company serves clients primarily in Australia, with services tailored to corporate needs. Leadership is provided by CEO Damien Woods.
- Headquarter Sydney, Australia
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Benestar Group Pty Ltd
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Latest Funding Round
-
Investors
Cover-More
& 1 more
-
Employee Count
Employee Count
-
Acquired by
Cover-More
(Aug 10, 2022)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Unlock access to complete
Funding Insights of Benestar
| 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 Benestar
Benestar has secured backing from 2 investors. Prominent investors backing the company include Cover-More and LifeWorks. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Cloud-based wellbeing solutions are offered to support employee health.
|
Founded Year | Domain | Location | |
|
Travel insurance is provided by Cover-More, founded in 1986.
|
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 Benestar
| 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 - Benestar
| 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 |
Benestar Comparisons
Competitors of Benestar
| 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.
|
Frequently Asked Questions about Benestar
When was Benestar founded?
Benestar was founded in 2011.
Where is Benestar located?
Benestar is headquartered in Sydney, Australia. It is registered at Sydney, New South Wales, Australia.
Who is the current CEO of Benestar?
Damien Woods is the current CEO of Benestar.
What does Benestar do?
Benestar was founded in 2011 and is headquartered in Sydney, Australia. Operations focus on the employee services sector, where incident management solutions are delivered to handle workplace issues, workforce wellness programs are offered to support employee health, and financial services are provided for benefit administration. The company serves clients primarily in Australia, with services tailored to corporate needs. Leadership is provided by CEO Damien Woods.
Who are Benestar's investors?
Benestar has 2 investors. Key investors include Cover-More, and LifeWorks.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.