Bswift

Chicago, United States Founded: 1996 • Age: 30 yrs Acquired By Francisco Partners
Benefits administration solutions with AI-driven guidance are provided for enterprises.
Annual revenue - Latest available
Total funding $51.0M 1 rounds
Employees - Tracked headcount
Investors 3 Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

About Bswift

Bswift is a company based in Chicago (United States) founded in 1996 was acquired by Francisco Partners in October 2022. Bswift has raised $51 million across 1 funding round from investors including Francisco Partners, Aetna and Great Hill Partners. Bswift has completed 2 acquisitions, including Evive and bswift. Bswift offers products and services including End-to-End Benefits Platform, Emma, and Administrative HR Solutions. Bswift operates in a competitive market with competitors including Hinge Health, Alight, Swile, Practo and Accolade, among others.

  • Headquarter Chicago, United States
  • Sectors
    Technology
    Healthcare
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $51 M (USD)

    in 1 rounds

  • Latest Funding Round
    $51 M (USD), Private Equity Round

    Apr 02, 2014

  • Investors
  • Employee Count
    Not available
  • Investments & Acquisitions
    Evive

    & 1 more

  • Acquired by
    Francisco Partners

    & 1 more

    (Oct 03, 2022)

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Products & Services of Bswift

Bswift offers a comprehensive portfolio of products and services, including End-to-End Benefits Platform, Emma, and Administrative HR Solutions.

Product name locked
Category locked
Primary

Platform for managing employee benefits and enrollment

Product name locked
Category locked
Locked

AI assistant for personalized benefits guidance

Product name locked
Category locked
Locked

Tools to streamline HR processes and compliance

People of Bswift

Headcount 500-1000
Employee Profiles 237
Board Members and Advisors 3
Employee Profiles
People
Jim Rigdon
SVP, Sales
People
John Hansen
EVP, Strategic Product Management
People
Alicia Felicelli
Director, Marcom Operations
People
Bryan Timmons
Director Of Client Services

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Board Members and Advisors
people
Maria Yao
Advisor
people
Michael Sigmund
Advisor
people
Dave Mankowski
Advisor

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Funding Insights of Bswift

Bswift has successfully raised a total of $51M through 1 strategic funding round. The most recent funding activity was a Private Equity Round of $51 million completed in April 2014. 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.

Investors in Bswift

Bswift has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Francisco Partners, Aetna and Great Hill Partners.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Business acquisitions are targeted by the private equity firm.
Locked Locked Locked
Private equity investment firm focused on technology sector
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Health insurance plans are provided by Aetna for diverse needs.
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Investor details for Bswift

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  • Investor domains
  • Investor locations
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  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Bswift

Bswift has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Evive and bswift.

Investments
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Investment portfolio details for Bswift

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

Verified entity values are shown only after access is granted.

Acquisitions
Company Name Description Domain Location Founded Year Amount
Cloud-based solutions for employee benefit management are provided.
Locked Locked 2007 Locked
Internal communication strategies are developed to engage and motivate employees.
Locked Locked 1984 Locked
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Complete acquisition details for Bswift

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  • Transaction dates
  • Acquired stakes
  • Disclosed values
  • Domains and locations

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Financial Statements - Bswift

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Detailed financials for Bswift

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  • Profit trends
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Bswift Comparisons

Bswift Primary company
Description
Benefits administration solutions with AI-driven guidance ar...
Location
Chicago, United States
Founded Year
1996
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Bswift

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

  • Named peers
  • Headcount comparison
  • Funding comparison
  • Operating benchmarks

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Competitors of Bswift

Bswift 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 Hinge Health, Alight, Swile, Practo and Accolade, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Virtual physical therapy and digital pain care solutions are provided.
Locked Locked Locked
Cloud-based HRMS solutions are offered for enterprise HR management.
Locked Locked Locked
A card-linked wallet is provided for employee financial management.
Locked Locked Locked
Doctor appointments are booked and healthcare professionals are consulted online.
Locked Locked Locked
Employee health benefits are facilitated via a cloud-based platform.
Locked Locked Locked
Employee benefit administration and payment solutions are provided for enterprises.
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Detailed competitors of Bswift

Competitor domains, locations, full profiles, and operating metrics require an active premium plan.

  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

Verified entity values are shown only after access is granted.

Latest news on Bswift

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Complete news archive for Bswift

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Bswift

Bswift was founded in 1996 and raised its 1st funding round 18 years after it was founded.

Bswift is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.

Sanjiv Anand is the current CEO of Bswift.

Bswift is a funded company, having raised a total of $51M across 1 funding round to date.

Founded in 1996 and based in Chicago, United States, Bswift operates in the HR technology sector. Benefits administration solutions are offered to enterprises, featuring AI-driven tools for enrollment guidance and process improvements. Tailored benefits package recommendations are generated based on individual employee needs, supporting both employees and HR departments in streamlined operations.

Bswift's top competitors include Accolade, Hinge Health and Alight.

Bswift offers End-to-End Benefits Platform, Emma, and Administrative HR Solutions.

Bswift has made 2 acquisitions, including Evive, and bswift.

Bswift has 3 investors. Key investors include Francisco Partners, Aetna, and Great Hill Partners.

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