About OnlineBenefits
OnlineBenefits is a company based in Uniondale (United States) founded in 1997 was acquired by A.D.A.M. in August 2006.. OnlineBenefits operates in a competitive market with competitors including Konfío, Businessolver, Justworks, League and HealthEquity, among others.
- Headquarter Uniondale, United States
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Sectors
Financial ServicesTechnology Healthcare
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Phone
*********
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Website
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Funding Insights of OnlineBenefits
| 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 OnlineBenefits
OnlineBenefits has secured backing from 1 investor. Prominent investors backing the company include A.D.A.M.. 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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A.D.A.M. is recognized for providing health education and technology solutions.
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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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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 OnlineBenefits
| 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 - OnlineBenefits
| 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 |
Onlinebenefits Comparisons
Competitors of OnlineBenefits
OnlineBenefits 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 Konfío, Businessolver, Justworks, League and HealthEquity, 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 |
Financial solutions platform provider
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| domain | founded_year | HQ Location |
Cloud-based employee benefits administration solutions are delivered.
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| domain | founded_year | HQ Location |
Benefits administration and payroll management are provided for businesses.
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| domain | founded_year | HQ Location |
SaaS platform for managing employee health benefits is offered.
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| domain | founded_year | HQ Location |
Health benefits and savings are managed through an app-based platform.
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| domain | founded_year | HQ Location |
Prepaid healthcare cards are provided to employees by employers.
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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 OnlineBenefits
When was OnlineBenefits founded?
OnlineBenefits was founded in 1997.
Where is OnlineBenefits located?
OnlineBenefits is headquartered in Uniondale, United States. It is registered at Uniondale, New York, United States.
What does OnlineBenefits do?
OnlineBenefits provides benefit management platform to small and mid-sized employers. The company claims that its platform- Benergy System, has been used by over 5000 employers and one million employees through a network of more than 550 insurance brokers nationwide. In addition, OnlineBenefits has provided online services to HR managers of more than 38,000 employers. The companys products allow for custom installation and seamless portal communication services between benefits brokers, employers, and employees. A.D.A.M. and OnlineBenefits have had a strategic partnership since early 2005, and the companies were integrating A.D.A.M.s health and wellness products into the next generation Benergy System - Benergy 2G!.
Who are the top competitors of OnlineBenefits?
OnlineBenefits's top competitors include Businessolver, eHealth and League.
Who are OnlineBenefits's investors?
OnlineBenefits has 1 investor. Key investors include A.D.A.M..