Bennie raises $33 million
NY-based employee benefits platform Bennie has raised $33 million in a Seed funding round co-led by Silverton Partners and Picus Capital with further participation from Global Founders Capital, Interplay Ventures, and FJ Labs, among others.
Founded in 2019, Bennie’s all-in-one platform helps HR managers streamline and modernize their benefits management processes while enabling employees to make the most of their benefits. The company’s healthcare concierge, Ask Bennie, provides members with personal assistance with everything from basic insurance questions to resolving the most complex coverage issues. The Bennie Marketplace offers members discounted rates on a wide range of insurances, family planning tools, and health and wellness solutions.
“Our oversubscribed Seed round is emblematic of the dramatic progress that we have made over the past 24 months to reimagine the employee benefits experience. Hundreds of companies and thousands of members now rely on Bennie as their benefits system of record. This seed round supercharges our mission to help everyone get access to better benefits.” – Matt Straz, Founder and CEO of Bennie.
“We are pleased to invest in Bennie and help growing companies everywhere deliver a digital, employee-first benefits experience that’s easy to understand and use. Bennie’s experienced team, deep benefits expertise, and huge addressable market offer an incredible opportunity to build a large and lasting business.” – Mike Dodd, General Partner at Silverton Partners and Bennie board member.
“Matt and the team are building a platform that is delivering tremendous benefits & tangible value to both employers and their employees and making a true difference with their service offering. We couldn’t be more excited to keep supporting Bennie in its next phase of growth.” – Julian Roeoes, Partner at Picus Capital.
As a licensed benefits broker in all 50 states, Bennie has deployed its technology to hundreds of companies across more than a dozen industries since 2020.
