About Nava Benefits
Nava Benefits is a company based in New York (United States) founded in 2019 by Brandon Weber, Donald DeSantis, and Kareem Zaki.. Nava Benefits has raised $90 million across 3 funding rounds from investors including Thrive Capital, Avid Ventures and Quiet Capital. Nava Benefits has completed 3 acquisitions, including Nielsen Benefits Group, i2 Healthcare and i2Save. Nava Benefits offers products and services including Benefits App, Plan Guidance Service, and Member Support. Nava Benefits operates in a competitive market with competitors including Brex, Konfío, CollectiveHealth, Edenred and Paytient, among others.
- Headquarter New York, United States
- Founders Brandon Weber, Donald DeSantis, Kareem Zaki
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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 Advocate, 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
$90 M (USD)
in 3 rounds
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Latest Funding Round
$30 M (USD), Series C
Oct 08, 2025
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Investors
Thrive Capital
& 14 more
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Employee Count
Employee Count
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Investments & Acquisitions
Nielsen Benefits Group
& 2 more
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Products & Services of Nava Benefits
Nava Benefits offers a comprehensive portfolio of products and services, including Benefits App, Plan Guidance Service, and Member Support. 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.
App provides real-time deductible tracking and digital ID cards.
Offers expert advice on selecting and managing healthcare plans.
Provides year-round help with carrier issues and bill reviews.
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Funding Insights of Nava Benefits
Nava Benefits has successfully raised a total of $90M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $30 million completed in October 2025. 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 3
- Last Round Series C — $30.0M
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First Round
First Round
(21 Oct 2020)
- Investors Count 15
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2025 | Amount | Series C - Nava Benefits | Valuation | Thrive Capital | |
| Jun, 2022 | Amount | Series B - Nava Benefits | Valuation | Thrive Capital | |
| Oct, 2020 | Amount | Series B - Nava Benefits | Valuation | Thrive Capital |
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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 |
Investors in Nava Benefits
Nava Benefits has secured backing from 15 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Thrive Capital, Avid Ventures and Quiet Capital. 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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Early-stage technology startups are invested in by Thrive Capital.
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Early-stage startups are supported by Avid Ventures through investments.
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Founded Year | Domain | Location | |
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Investments are managed by Quiet Capital in New York.
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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 Nava Benefits
Nava Benefits has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Nielsen Benefits Group, i2 Healthcare and i2Save. 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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Health insurance options are compared online for individuals.
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2018 | ||||
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DNA testing and healthcare services are provided by i2 Healthcare.
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2008 | ||||
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Employee benefits consulting services are provided to organizations nationwide.
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| 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 - Nava Benefits
| 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 |
Nava Benefits Comparisons
Competitors of Nava Benefits
Nava Benefits 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 Brex, Konfío, CollectiveHealth, Edenred and Paytient, 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.
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|---|---|---|---|---|
| domain | founded_year | HQ Location |
SaaS-driven credit card and spend management solutions platform for businesses
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| domain | founded_year | HQ Location |
Financial solutions platform provider
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| domain | founded_year | HQ Location |
Cloud-based self-insurance platform is offered to employers for employee sponsorship.
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| domain | founded_year | HQ Location |
Employee benefits and payment solutions are managed for businesses.
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| domain | founded_year | HQ Location |
Prepaid healthcare cards are provided to employees by employers.
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| domain | founded_year | HQ Location |
Online health insurance comparison platform for individuals and small businesses
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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 Nava Benefits
Frequently Asked Questions about Nava Benefits
When was Nava Benefits founded?
Nava Benefits was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Where is Nava Benefits located?
Nava Benefits is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Nava Benefits?
Brandon Weber is the current CEO of Nava Benefits. They have also founded this company.
Is Nava Benefits a funded company?
Nava Benefits is a funded company, having raised a total of $90M across 3 funding rounds to date. The company's 1st funding round was a Series B of $20M, raised on Oct 21, 2020.
What does Nava Benefits do?
Provider of employee benefits brokerage and administrative services. It offers support for open enrollment, eligibility and billing audits, benefits decision support, strategic renewals, and year-round member support, including benefits compliance. The company also provides a benefits app for employees, featuring real-time deductible tracking and enhanced member experience. Services aim to simplify benefits administration for HR teams and improve employee experience. It assists in choosing appropriate healthcare plans and offers ongoing support for plan-related issues. Additional services include digital ID card access and in-network provider search capabilities.
Who are the top competitors of Nava Benefits?
Nava Benefits's top competitors include Brex, eHealth and CollectiveHealth.
What products or services does Nava Benefits offer?
Nava Benefits offers Benefits App, Plan Guidance Service, and Member Support.
How many acquisitions has Nava Benefits made?
Nava Benefits has made 3 acquisitions, including Nielsen Benefits Group, i2 Healthcare, and i2Save.
Who are Nava Benefits's investors?
Nava Benefits has 15 investors. Key investors include Thrive Capital, Avid Ventures, Quiet Capital, Sound Ventures, and Google Ventures.
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