About FBMC
FBMC is a company based in Tallahassee (United States) founded in 1976.. FBMC has raised $919.57 thousand across 1 funding round. FBMC has completed 1 acquisition, including 21st Century Health & Benefits. FBMC offers products and services including Brokerage and Consulting, Communication and Engagement, Enrollment Management, and Administration and Compliance. FBMC operates in a competitive market with competitors including TeamLease, Cielo, Staffing 360 Solutions, Medical Solutions and Vaco, among others.
- Headquarter Tallahassee, United States
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Sectors
Business Services
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Phone
*********
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Website
*********
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Social
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- Legal Name Fbmc Benefits Management, 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
$919.57 K (USD)
in 1 rounds
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Latest Funding Round
$919.57 K (USD), Unspecified
Jan 03, 2023
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Investors
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of FBMC
FBMC offers a comprehensive portfolio of products and services, including Brokerage and Consulting, Communication and Engagement, Enrollment Management, and Administration and Compliance. 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.
Assists employers in controlling costs and managing risks
Delivers strategies to align benefits with business objectives
Provides custom enrollment experiences for organizations
Offers flexible benefits delivery and compliance solutions
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Funding Insights of FBMC
FBMC has successfully raised a total of $919.57K through 1 strategic funding round. The most recent funding activity was a Unspecified round of $919.57 thousand completed in January 2023. 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 1
- Last Round Unspecified — $919,566
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First Round
First Round
(03 Jan 2023)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2023 | Amount | Unspecified - FBMC | Valuation |
investors |
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| 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 |
Investments & Acquisitions by FBMC
FBMC has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include 21st Century Health & Benefits. 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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Insurance claim processing services are provided to health benefits clients.
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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 - FBMC
| 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 |
Fbmc Comparisons
Competitors of FBMC
FBMC 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 TeamLease, Cielo, Staffing 360 Solutions, Medical Solutions and Vaco, 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 |
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| domain | founded_year | HQ Location |
Staffing and recruiting services connect employers with job candidates.
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| domain | founded_year | HQ Location |
HR consulting services in talent acquisition and management are offered.
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| domain | founded_year | HQ Location |
A recruitment service company providing staffing solutions.
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| domain | founded_year | HQ Location |
Travel nursing jobs are offered to certified nurses nationwide.
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| domain | founded_year | HQ Location |
Recruitment and consulting services are provided by Vaco.
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| domain | founded_year | HQ Location |
Outsourced human resources services are provided globally by Kelly Services.
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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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Frequently Asked Questions about FBMC
When was FBMC founded?
FBMC was founded in 1976 and raised its 1st funding round 47 years after it was founded.
Where is FBMC located?
FBMC is headquartered in Tallahassee, United States. It is registered at Tallahassee, Florida, United States.
Who is the current CEO of FBMC?
David Faulkenberry is the current CEO of FBMC.
Is FBMC a funded company?
FBMC is a funded company, having raised a total of $919.57K across 1 funding round to date. The company's 1st funding round was a Unspecified of $919.57K, raised on Jan 03, 2023.
What does FBMC do?
FBMC was established in 1976 in Tallahassee, United States, as a provider in the healthcare recruitment sector. Services are centered on matching professionals with healthcare organizations across various roles. Operations are conducted primarily in the United States, supporting recruitment needs in clinical, administrative, and specialized healthcare positions. Leadership is held by CEO David Faulkenberry, overseeing the companys focus on efficient talent acquisition processes.
Who are the top competitors of FBMC?
FBMC's top competitors include TeamLease, Cielo and Medical Solutions.
What products or services does FBMC offer?
FBMC offers Brokerage and Consulting, Communication and Engagement, Enrollment Management, and Administration and Compliance.
How many acquisitions has FBMC made?
FBMC has made 1 acquisition, including 21st Century Health & Benefits.