About MidAmerica
MidAmerica is a company based in Lakeland (United States) founded in 1995 was acquired by Alpine Investors in September 2015. It operates as a Professional Services, and Managed Services. MidAmerica offers products and services including Health Reimbursement Arrangement, Flexible Spending Account, Special Pay Plan, 3121 FICA Alternative Plan, and Employer Sponsored Plan. MidAmerica operates in a competitive market with competitors including ADP, UKG, Bullhorn, Wanted and Randstad, among others.
- Headquarter Lakeland, United States
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Sectors
Business Services
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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 Midamerica Administrative & Retirement Solutions, 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
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Employee Count
Employee Count
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Acquired by
Alpine Investors
(Sep 22, 2015)
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Products & Services of MidAmerica
MidAmerica offers a comprehensive portfolio of products and services, including Health Reimbursement Arrangement, Flexible Spending Account, Special Pay Plan, 3121 FICA Alternative Plan, and Employer Sponsored Plan. 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 medical expense reimbursement is provided for participants.
Pre-tax funds are allocated for healthcare expense coverage.
Retirement savings are facilitated through employer-sponsored contributions.
Alternative retirement contributions are managed for tax benefits.
Retirement plans are supported directly by employer funding.
Funding Insights of MidAmerica
| 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 MidAmerica
MidAmerica has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Alpine Investors. 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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Private equity investments emphasizing people's development and business growth.
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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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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by MidAmerica
| 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 - MidAmerica
| 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 |
Midamerica Comparisons
Competitors of MidAmerica
MidAmerica 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 ADP, UKG, Bullhorn, Wanted and Randstad, 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 |
Cloud-based HR management solutions are offered for payroll and compliance.
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| domain | founded_year | HQ Location |
Provider of HR and payroll & workforce management solutions
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| domain | founded_year | HQ Location |
Cloud-based ATS and CRM systems are offered for staffing agencies.
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| domain | founded_year | HQ Location |
HR management services are provided by Wanted in South Korea.
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| domain | founded_year | HQ Location |
HR consulting, recruitment, and outsourcing services are offered worldwide.
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| domain | founded_year | HQ Location |
HR outsourcing services are provided to businesses by Insperity.
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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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Frequently Asked Questions about MidAmerica
When was MidAmerica founded?
MidAmerica was founded in 1995.
Where is MidAmerica located?
MidAmerica is headquartered in Lakeland, United States. It is registered at Lakeland, Florida, United States.
What does MidAmerica do?
Employee benefits and retirement solutions are offered by MidAmerica for public sector organizations. Services are focused on health and welfare plans, including Health Reimbursement Arrangements and Flexible Spending Accounts. Retirement solutions such as Special Pay Plans and FICA Alternative Plans are also provided. The company operates primarily in the financial services sector, targeting public sector employers with tailored administrative support. Accessibility and affordability of benefits are emphasized in their offerings.
Who are the top competitors of MidAmerica?
MidAmerica's top competitors include Randstad, Alera Group and UKG.
What products or services does MidAmerica offer?
MidAmerica offers Health Reimbursement Arrangement, Flexible Spending Account, Special Pay Plan, 3121 FICA Alternative Plan, and Employer Sponsored Plan.
Who are MidAmerica's investors?
MidAmerica has 1 investor. Key investors include Alpine Investors.