Benepass Stock

Benepass empowers companies to support every employee’s unique definition of wellbeing.

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About Benepass Stock

Our mission at Benepass is to reimagine how companies take care of their people. Through deep investments into our financial technology infrastructure, we have made it easy for employers to offer global benefits that are personalized to each and every employee. The Benepass platform offers employees four different ways to spend their benefit dollars globally: card, mobile wallet, reimbursements, and a marketplace. Personalization and flexibility have resulted in typical employee engagement rates that are 20-50% higher than traditional reimbursement only or marketplace-based wellness vendors. On average our engagement rates for non-pretax benefits are over 80%. We administer programs such as: Lifestyle Spending Accounts, Pre-tax benefits (HSA, FSA, Commuter, HRA), Flexible Wellness programs, Family Support and Fertility, Work from Home Stipends, Food benefits and Rewards and Recognition

Funding History

March 2020$150K
April 2020$2.5M
September 2021$12.0M
January 2024$20.0M

Management

Co-Founder, CEO

Jaclyn Chen

Co-Founder & Chief Technology Officer

Kabir Soorya

Co-Founder

Mark Fischer

Board Member

Stephanie Choo

Senior Staff Software Engineer

Daniel Leite

Press

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