Company profile: Empyrean
1.1 - Company Overview
Company description
- Provider of human resource technology and services for delivering compliant health and welfare benefits. Offerings include Empyrean Benefits for administration and guidance, Empyrean Connect for employee engagement, Precision Benefits for AI-enabled personalized recommendations, Eligibility & Enrollment with real-time insights and compliance, flexible integrations, and reporting & analytics. Solutions scale, adapt, and integrate to fit each client's workforce and industry.
Products and services
- Eligibility & Enrollment: Architects an intuitive, compliance-focused enrollment experience featuring real-time insights, automated processes, and embedded compliance rules to manage health and welfare benefit eligibility decisions
- Empyrean Benefits: Delivers a scalable benefits administration system with integrated ancillary services and benefits guidance for organizations managing compliant health and welfare benefits
- Integrations: Supplies scalable integration capabilities connecting to various providers, including payroll, HRIS systems, wellness programs, and consumer accounts, supporting compliant health and welfare benefits administration
Key contacts
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Financial details
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1.2 - Competitors and similar companies to Empyrean
Yello
HQ: United States
Website
- Description: Provider of talent acquisition software that helps companies humanize the candidate experience, empowering recruiting departments to deliver speed and transparency throughout the candidate journey; used by Fortune 500 and high-growth businesses and supporting hundreds of organizations globally.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
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- Total funding raised: $●●●m
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Koantic
HQ: Canada
Website
- Description: Provider of computer software, based in Boucherville.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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BioIQ
HQ: United States
Website
- Description: Provider of health improvement technology that optimizes investments in corporate health and wellness programs via an integrated, customizable and measurable approach. Delivers a health screening platform, an ecosystem of health improvement tools, a wholly owned lab and manufacturing supply chain, 100+ diagnostic tests, and telehealth and pharmacy capabilities.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Semana
HQ: France
Website
- Description: Provider of a SaaS workforce management system for remote working policies, managing workforce across multiple locations with authentication, data privacy, and security. Enables planning of office presence and space allocation based on company constraints and employee preferences to optimize remote work planning.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
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- Acquisitions: ●●
View full Semana company profile →
Choice HR
HQ: United States
Website
- Description: Provider of full-service payroll, benefits, and HR services tailored to the complex needs of the hospitality sector.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Choice HR company profile →
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2.M&A buyers
2.1 Potential strategic acquirers in the sector
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2.2 - Strategic buyer groups for Empyrean
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Buyer group 2: ████████ ████████
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Buyer group 3: ████████ ████████
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3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to Empyrean
2.2 - Growth funds investing in similar companies to Empyrean
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4 - Top valuation comps for Empyrean
4.2 - Public trading comparable groups for Empyrean
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