About Bennie
Bennie is a company based in New York (United States) founded in 2019 by Matt Straz.. Bennie has raised $83 million across 4 funding rounds from investors including FJ Labs, Motley Fool Ventures and Escalate Capital Partners. The company has 87 employees as of December 31, 2021. Bennie has completed 1 acquisition, including People 1st Health Strategies. Bennie offers products and services including Bennie App, Better Consulting, Better Health Plan, and Risk Management. Bennie operates in a competitive market with competitors including Konfío, Businessolver, Justworks, League and HealthEquity, among others.
- Headquarter New York, United States
- Employees 87 as on 31 Dec, 2021
- Founders Matt Straz
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Sectors
Financial ServicesTechnology Healthcare
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Bennie Health, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$83 M (USD)
in 4 rounds
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Latest Funding Round
$50 M (USD), Series A
Dec 10, 2025
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Investors
FJ Labs
& 8 more
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Employee Count
87
as on Dec 31, 2021
- Investments & Acquisitions
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Products & Services of Bennie
Bennie offers a comprehensive portfolio of products and services, including Bennie App, Better Consulting, Better Health Plan, and Risk Management. 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.
Mobile and web app for viewing and managing employee benefits.
Services for employee benefits and HR technology advice.
Level-funded plan offering cost-effective healthcare options.
Partnerships for property and casualty coverage solutions.
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Funding Insights of Bennie
Bennie has successfully raised a total of $83M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $50 million completed in December 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series A — $50.0M
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First Round
First Round
(18 Jan 2022)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2025 | Amount | Series A - Bennie | Valuation |
investors |
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| Apr, 2023 | Amount | Seed - Bennie | Valuation | Motley Fool Ventures | |
| Sep, 2022 | Amount | Seed - Bennie | Valuation | Motley Fool Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Bennie
Bennie has secured backing from 9 investors, including venture fund investors. Prominent investors backing the company include FJ Labs, Motley Fool Ventures and Escalate Capital Partners. 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 |
|---|---|---|---|---|
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Venture capital funding is provided to early-stage companies and entrepreneurs.
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Founded Year | Domain | Location | |
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VC and private debt investments are directed toward multiple sectors.
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Founded Year | Domain | Location | |
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Tech startups in US sectors are funded by Interplay Ventures.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Bennie
Bennie has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include People 1st Health Strategies. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Provider of healthcare plan design, cash flow management, and performance monitoring services
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2008 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Bennie
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Bennie Comparisons
Competitors of Bennie
Bennie 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 Konfío, Businessolver, Justworks, League and HealthEquity, 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 |
Financial solutions platform provider
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| domain | founded_year | HQ Location |
Cloud-based employee benefits administration solutions are delivered.
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| domain | founded_year | HQ Location |
Benefits administration and payroll management are provided for businesses.
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| domain | founded_year | HQ Location |
SaaS platform for managing employee health benefits is offered.
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| domain | founded_year | HQ Location |
Health benefits and savings are managed through an app-based platform.
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| domain | founded_year | HQ Location |
Prepaid healthcare cards are provided to employees by employers.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Bennie
Frequently Asked Questions about Bennie
When was Bennie founded?
Bennie was founded in 2019 and raised its 1st funding round 3 years after it was founded.
Where is Bennie located?
Bennie is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Bennie?
Matt Straz is the current CEO of Bennie. They have also founded this company.
Is Bennie a funded company?
Bennie is a funded company, having raised a total of $83M across 4 funding rounds to date.
How many employees does Bennie have?
As of Dec 31, 2021, the latest employee count at Bennie is 87.
What does Bennie do?
Founded in 2019 and based in New York, United States, Bennie operates in the HR technology sector. A platform is provided for brokering employee health benefits, including medical, vision, and dental programs. Employee populations and benefits are managed through this system, which functions as a marketplace linking employers and employees to service providers such as insurance carriers, doctors, wellness vendors, and pharmacies. Benefits consulting solutions are also offered.
Who are the top competitors of Bennie?
Bennie's top competitors include Businessolver, eHealth and League.
What products or services does Bennie offer?
Bennie offers Bennie App, Better Consulting, Better Health Plan, and Risk Management.
How many acquisitions has Bennie made?
Bennie has made 1 acquisition, including People 1st Health Strategies.
Who are Bennie's investors?
Bennie has 9 investors. Key investors include FJ Labs, Motley Fool Ventures, Escalate Capital Partners, Interplay, and Picus Capital.
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