About Businessolver
Businessolver is a company based in West Des Moines (United States) founded in 1998. Businessolver has raised $65.16 million across 3 funding rounds from investors including Warburg Pincus, JMI Management and Stone Point Capital. Businessolver has completed 2 acquisitions, including The Capstone Group and Workterra. Businessolver offers products and services including Benefitsolver, MyChoice Accounts, and Workterra Compliance Dashboard. Businessolver operates in a competitive market with competitors including Alight, Swile, Wright Express, Konfío and Justworks, among others.
- Headquarter West Des Moines, United States
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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
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- Legal Name Businessolver.Com, Inc.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$65.16 M (USD)
in 3 rounds
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Latest Funding Round
Not available
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Investors
Warburg Pincus
& 2 more
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Employee Count
Not available
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Investments & Acquisitions
The Capstone Group
& 1 more
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Products & Services of Businessolver
Businessolver offers a comprehensive portfolio of products and services, including Benefitsolver, MyChoice Accounts, and Workterra Compliance Dashboard.
Platform for managing employee benefits and engagement tools.
System for simplified consumer account administration.
Tool for tracking federal and state laws and regulations.
People of Businessolver
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Software Development Team
120 people
Leadership Team
63 people
Client Team
54 people
Sales and Marketing
30 people
Senior Team
24 people
Operations Team
22 people
Creative and Marketing Team
15 people
Onboarding Team
9 people
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Funding Insights of Businessolver
Businessolver has successfully raised a total of $65.16M across 3 strategic funding rounds. 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 Businessolver
Businessolver has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Warburg Pincus, JMI Management and Stone Point Capital.
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Private equity firm investing in software companies
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Multi-stage private equity investments are pursued across diverse sectors.
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Private equity firm investing in global financial services sectors.
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Investor details for Businessolver
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
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- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Businessolver
Businessolver has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include The Capstone Group and Workterra.
Investment portfolio details for Businessolver
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Employee benefits compliance and administration services are provided to employers.
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A cloud-based HRMS suite is delivered by Workterra.
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Complete acquisition details for Businessolver
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - Businessolver
Detailed financials for Businessolver
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
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Businessolver Comparisons
Peer comparison for Businessolver
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 Businessolver
Businessolver 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 Alight, Swile, Wright Express, Konfío and Justworks, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Cloud-based HRMS solutions are offered for enterprise HR management.
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A card-linked wallet is provided for employee financial management.
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Employee benefit administration and payment solutions are provided for enterprises.
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Financial solutions platform provider
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Benefits administration and payroll management are provided for businesses.
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Detailed competitors of Businessolver
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
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Latest news on Businessolver
Complete news archive for Businessolver
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
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Frequently Asked Questions about Businessolver
Businessolver was founded in 1998 and raised its 1st funding round 16 years after it was founded.
Businessolver is headquartered in West Des Moines, United States. It is registered at West Des Moines, Iowa, United States.
Businessolver is a funded company, having raised a total of $65.16M across 3 funding rounds to date.
Cloud-based employee benefits administration solution. Its online benefits enrollment software, Benefitsolver, delivers a SaaS-based benefits administration solution that empowers employees to easily enroll based on eligibility thats determined on the same platform. It also includes detailed analytics and reporting tools, COBRA administration, workflow, and communication toolset. It offers web-based tools for benefits billing and financial reporting to deliver reconciled bills that are easily reportable by division, location, carrier, and more.
Businessolver's top competitors include Alight, Wright Express and League.
Businessolver offers Benefitsolver, MyChoice Accounts, and Workterra Compliance Dashboard.
Businessolver has made 2 acquisitions, including The Capstone Group, and Workterra.
Businessolver has 3 investors. Key investors include Warburg Pincus, JMI Management, and Stone Point Capital.