About Hodges-Mace
Hodges-Mace is a Technology company based in Atlanta (United States) founded in 2004, and was acquired by Alight in July 2019. Benefits communication and enrollment platform to large employers. It operates in the Technology and Healthcare sectors. Hodges-Mace has raised $98.17 million across 2 funding rounds from investors including Alight and Stone Point Capital. The company has 110 employees. The company was acqui-hired. Its focus areas include HealthTech, Employee Health IT, Healthcare Benefits Administration and Benefits Management. Its legal entity is Hodges-Mace, LLC. Its competitors include Hinge Health, Accolade and Sharecare; 3 of its 3 listed competitors have raised funding.
Company details
Hodges-Mace was founded in 2004 in Atlanta, United States, within the employee benefits sector. A platform known as Smartben is provided to large employers for managing benefits enrollment processes. Assistance is given to employees through on-site education, enrollment meetings, plan communication, and election processing. Additional services include ongoing benefits administration and verification of employee dependents, with operations focused on the U.S. market.
- Headquarters Atlanta, United States
- Employees 110
- Stage Acquired
- SectorsTechnologyHealthcare
- Website hodgesmace.com
- Social LinkedIn X
- Acquired by Alight (Jul 2019)
- Legal Name Hodges-Mace, Llc
Funding Insights of Hodges-Mace
Hodges-Mace has successfully raised a total of $98.17M across 2 strategic funding rounds. The most recent funding activity was a Private Equity Round of $63.13 million completed in October 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.
- Total Funding $98.17M
- Total Rounds 2
- Last Round Private Equity Round — $63.13M
- First Round $35.04M
(Dec 2013)
- Investors Count 1
All 2 funding rounds of Hodges-Mace with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2014 | $63.13M | Private Equity Round | – | – | – |
| Dec 2013 | $35.04M | Private Equity Round | – | Stone Point Capital | – |
2 investors in total: 2 institutional.
Investors in Hodges-Mace
Hodges-Mace has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Alight and Stone Point Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity firm investing in global financial services sectors. | stonepoint.com | |||
Cloud-based HRMS solutions are offered for enterprise HR management. | 2015 | alight.com | Lincolnshire, United States |
Investor details for Hodges-Mace
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- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
Timeline of Hodges-Mace
4 dated milestones of Hodges-Mace across 15 years, from founding to its latest funding, stage changes and deals.
- Founded Hodges-Mace is founded.
- Funding First funding round of $35.0M.
- Funding Latest funding round, Private Equity Round, of $63.1M.
- Exit Acquired by Alight.
Competitors of Hodges-Mace
Hodges-Mace has 3 listed competitors in our database, 3 of them funded. They include Hinge Health, Accolade and Sharecare.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| hingehealth.com | 2015 | San Francisco, United States | $854.44M | 1,442 | Virtual physical therapy and digital pain care solutions are provided. | |
| accolade.com | 2007 | Plymouth Meeting, United States | $228.3M | Employee health benefits are facilitated via a cloud-based platform. | ||
| sharecare.com | 2010 | Atlanta, United States | $64M | 1,988 | Health and wellness social network for employees is provided. |
Detailed competitors of Hodges-Mace
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in HR & Workforce Technology
3 companies that operate in the same segment as Hodges-Mace (HR & Workforce Technology) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Anonymous employee reviews and job search platform are operated. | 2007 | San Francisco, California, United States | USD 201.5 M | 1,695 | ||
Cloud-based LMS platform for IT industry | 2004 | Farmington, Utah, United States | USD 235.41 M | USD 4.95 M | 1,774 | |
Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M |
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Frequently Asked Questions about Hodges-Mace
Hodges-Mace was founded in 2004 and raised its 1st funding round 9 years after it was founded.
Hodges-Mace is headquartered in Atlanta, United States. It is registered at Atlanta, Georgia, United States.
Hodges-Mace is a funded company, having raised a total of $98.17M across 2 funding rounds to date. The company's 1st funding round was a Private Equity Round of $35.04M, raised on Dec 2013.
Hodges-Mace has 110 employees.
Hodges-Mace was founded in 2004 in Atlanta, United States, within the employee benefits sector. A platform known as Smartben is provided to large employers for managing benefits enrollment processes. Assistance is given to employees through on-site education, enrollment meetings, plan communication, and election processing. Additional services include ongoing benefits administration and verification of employee dependents, with operations focused on the U.S. market.
Hodges-Mace's top competitors include Accolade, Hinge Health and Sharecare.
Hodges-Mace has 2 investors. Key investors include Alight, and Stone Point Capital.
Hodges-Mace operates through Hodges-Mace, Llc.
Yes. Hodges-Mace was acquired by Alight in July 2019.