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Company profile: Benefitfocus

1.1 - Company Overview

Benefitfocus Logo

Benefitfocus

Headquarter: United States
Founded: 20XX🔒
Employees: 100-500🔒

Company description

  • Provider of a cloud-based benefits management platform for health care and benefits administration, integrating all benefits in one place. Offerings include benefits administration for enrollment, communications and tasks; billing to prevent premium leakage; client service and support; compliance; data analytics; and year-round employee engagement.

Products and services

  • Benefits Administration: Cloud-based platform simplifying employee benefits enrollment, communications, and administrative tasks, integrating all benefits in one place to engage consumers and educate employees, serving over 20 million consumers
  • Data Analytics: ROI-focused component delivering insights to optimize the impact and ROI of benefits programs
  • Billing: Premium-leakage-prevention-focused component that streamlines billing processes to prevent premium leakage within benefits administration workflows

Key contacts

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Financial details

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1.2 - Competitors and similar companies to Benefitfocus

AlexisHR Logo

AlexisHR

HQ: Sweden Website
  • Description: Provider of an all-in-one HR platform with modern, integrated functionality for data-driven management from onboarding to offboarding, covering time reporting and management, performance and employee reviews, payroll reports, and related HR processes, helping businesses save time and make better decisions.
  • 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 AlexisHR company profile →
TalentWave Logo

TalentWave

HQ: United States Website
  • Description: Provider of Independent Workforce Engagement solutions and the largest, most experienced, offering innovative technology, expertise, and unmatched service to help clients safely and effectively engage independent workers. The award-winning iConnect platform delivers a comprehensive suite for independent workforce compliance.
  • 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 TalentWave company profile →
Petroplan Logo

Petroplan

HQ: United Kingdom Website
  • Description: Provider of global recruitment and workforce solutions for the oil, gas and energy sector, including temporary staffing for energy projects, permanent hire, executive search, contractor management and payrolling, global mobility with visa and immigration services, and consultative workforce planning.
  • 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 Petroplan company profile →
Plotagon Logo

Plotagon

HQ: Sweden Website
  • Description: Provider of movie-making software to produce animated videos and cartoons. Offers Plotagon Studio for creating animated videos with customizable characters, scenes, and 3D animations; Plotagon Story for script-based animated stories with recorded dialogue; and Plotagon Education for school use, enabling students to create animated stories. Swedish startup.
  • 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 Plotagon company profile →
Criteria Logo

Criteria

HQ: United States Website
  • Description: Provider of a SaaS-based pre-employment testing platform offering aptitude, personality, and skills assessments. Employers use HireSelect to streamline hiring, reduce turnover, and hire more productive employees. Has over 3,500 subscribers in a variety of industries.
  • 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 Criteria 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 Benefitfocus

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Buyer group 1: ████████ ████████

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Description: ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████
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Buyer group 2: ████████ ████████

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Description: ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████
Key Products: ████████, ████████, ████████, ████████
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Buyer group 3: ████████ ████████

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Description: ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████
Key Products: ████████, ████████, ████████, ████████
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3. Investors and private equity firms

3.1 - Buyout funds investing in similar companies to Benefitfocus

2.2 - Growth funds investing in similar companies to Benefitfocus

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4 - Top valuation comps for Benefitfocus

4.2 - Public trading comparable groups for Benefitfocus

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4.3 - M&A Transactions similar to Benefitfocus

Selected M&A transactions

Date Target Description Buyer(s) Relevance EV EV/Revenue EV/EBITDA
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Frequently Asked Questions

About Benefitfocus

What does Benefitfocus do?

Benefitfocus is a provider of a cloud-based benefits management platform for health care and benefits administration, integrating all benefits in one place. Offerings include benefits administration for enrollment, communications and tasks; billing to prevent premium leakage; client service and support; compliance; data analytics; and year-round employee engagement.

Who are Benefitfocus's competitors?

Benefitfocus's competitors and similar companies include AlexisHR, TalentWave, Petroplan, Plotagon, and Criteria.

Where is Benefitfocus headquartered?

Benefitfocus is headquartered in United States.

How many employees does Benefitfocus have?

Benefitfocus has 1,000 employees 🔒.

When was Benefitfocus founded?

Benefitfocus was founded in 2010 🔒.

What sector and industry vertical is Benefitfocus in?

Benefitfocus is in the Enterprise Software 🔒 sector and industry

M&A Buyers & Acquirers for Benefitfocus

Who are the top strategic acquirers in Benefitfocus's sector and industry

Top strategic M&A buyers and acquirers in Benefitfocus's sector include ████████, ██████████, ██████, ████████, and ██████████ 🔒.

Which M&A buyer groups are most relevant for Benefitfocus?

Top strategic M&A buyers groups and sectors for Benefitfocus include █████████████████ , ████████████████, █████████████, ████████████, and ████████████████ 🔒.

Financial Investors investing in Benefitfocus's sector and industry vertical

Which are the top PE firms investing in Benefitfocus's sector and industry vertical?

Top PE firms investing in Benefitfocus's sector and industry vertical include ████████, ██████████, ████████, and ██████████ 🔒.

Who are the top buyout funds acquiring in Benefitfocus's sector and industry vertical?

Active PE funds and buyout funds acquiring companies in Benefitfocus's sector and industry vertical include █████████, ██████████, ████████████, and ████████████ 🔒.

Who are the top growth equity funds investing in companies in Benefitfocus's sector and industry vertical?

Growth funds and venture capital funds investing in companies similar to Benefitfocus include █████████, ██████████, ████████████, and ████████████ 🔒.

Valuation benchmarks of companies in Benefitfocus's sector and industry

Which are the key public companies that are relevant trading comps benchmarks for Benefitfocus?

The key public trading comparables and valuation benchmarks for Benefitfocus include █████████, ██████████, ████████████, and ████████████ 🔒.

Which are the key trading comparable groups for Benefitfocus for public valuation benchmarks?

Our platform tracks detailed public trading comparable groups and valuation benchmarks for Benefitfocus with complete valuation multiples, growth metrics, and profitability data. Access the full database to benchmark your company against relevant public comparables.

What are recent M&A transactions in Benefitfocus's sector and industry vertical?

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What are recent capital raises and funding rounds in Benefitfocus's' sector and industry vertical?

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