About Flexible Benefit Service Corporation
Flexible Benefit Service Corporation is a company based in Chicago (United States) founded in 1988 by John DiVito was acquired by Emersonrogers in October 2023.. Flexible Benefit Service Corporation offers products and services including Flexible Spending Accounts, Health Savings Accounts, Health Reimbursement Arrangements, Commuter Accounts, and COBRA Administration. Flexible Benefit Service Corporation operates in a competitive market with competitors including Limelight Health, Quotit, SunFire, Wired Quote and Medicare Seekr, among others.
- Headquarter Chicago, United States
- Founders John DiVito
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Sectors
Financial Services
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Phone
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Website
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Social
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- Legal Name Flexible Benefit Service Llc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Emersonrogers
(Oct 09, 2023)
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Products & Services of Flexible Benefit Service Corporation
Flexible Benefit Service Corporation offers a comprehensive portfolio of products and services, including Flexible Spending Accounts, Health Savings Accounts, Health Reimbursement Arrangements, Commuter Accounts, and COBRA Administration. 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.
Tax-free accounts for healthcare and dependent care expenses.
Tax-free savings for qualified healthcare costs.
Employer-funded plans for out-of-pocket medical expenses.
Tax-free options for transit and parking costs.
Manages federal COBRA requirements for employers.
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Funding Insights of Flexible Benefit Service Corporation
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Flexible Benefit Service Corporation
Flexible Benefit Service Corporation has secured backing from 1 investor. Prominent investors backing the company include Emerson Rogers. 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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Emerson Rogers is recognized as a wholesale general agent for employee benefits.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Flexible Benefit Service Corporation
| 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 |
Financial Statements - Flexible Benefit Service Corporation
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Flexible Benefit Service Corporation Comparisons
Competitors of Flexible Benefit Service Corporation
Flexible Benefit Service Corporation 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 Limelight Health, Quotit, SunFire, Wired Quote and Medicare Seekr, 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 |
Quote engine solution for health insurance professionals
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| domain | founded_year | HQ Location |
Insurance quoting platform is offered to agents and brokers.
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| domain | founded_year | HQ Location |
Quoting and enrollment solutions are offered to health insurance agents.
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| domain | founded_year | HQ Location |
Platform offering quoting tool for insurance agents
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| domain | founded_year | HQ Location |
Offers quoting software tailored for the health insurance industry.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Flexible Benefit Service Corporation
Frequently Asked Questions about Flexible Benefit Service Corporation
When was Flexible Benefit Service Corporation founded?
Flexible Benefit Service Corporation was founded in 1988.
Where is Flexible Benefit Service Corporation located?
Flexible Benefit Service Corporation is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Who is the current CEO of Flexible Benefit Service Corporation?
John DiVito is the current CEO of Flexible Benefit Service Corporation. They have also founded this company.
What does Flexible Benefit Service Corporation do?
Flexible Benefit Service Corporation was founded in 1988 in Chicago, United States. Operations focus on the insurance sector, where quoting and binding solutions are delivered alongside employee enrollment and customer management tools. Additional services include platforms for employee benefits administration and health insurance policy oversight, supporting industry needs in benefits management.
Who are the top competitors of Flexible Benefit Service Corporation?
Flexible Benefit Service Corporation's top competitors include Limelight Health, Quotit and SunFire.
What products or services does Flexible Benefit Service Corporation offer?
Flexible Benefit Service Corporation offers Flexible Spending Accounts, Health Savings Accounts, Health Reimbursement Arrangements, Commuter Accounts, and COBRA Administration.
Who are Flexible Benefit Service Corporation's investors?
Flexible Benefit Service Corporation has 1 investor. Key investors include Emerson Rogers.