Benefitfocus Inc (Benefitfocus) is a technology solutions provider that offers cloud-based software solutions. It provides a cloud-based benefits management platform for shopping, enrolling, managing and exchanging benefit information for employers, insurance carriers, brokers and other consumers. The company’s products include Benefitplace, health insights, COBRA, billing and payments application and Benefit catalog. Benefitfocus also offers professional services such as configuration and deployment, testing, and technical support; implementation services; and support services. It serves insurance carriers and aggregators. The company operates three data centers, located in Charlotte and Raleigh, North Carolina; and Ashburn, Virginia. Benefitfocus is headquartered in Charleston, South Carolina, the US.
Headquarters
United States of America
Address
100 Benefitfocus Way, Charleston, South Carolina, 29492
Website
www.benefitfocus.com
Telephone
1 843 8497476
No of Employees
1,100
Industry
Technology and Communications
Revenue (2021)
$263.1M
Benefitfocus Inc premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Benefitplace - Cloud-based Benefits Management Portal | Employee Benefits Administration and Enrollment Platform Solutions | Benefitplace |
| Health Insights | ACA Management and Reporting | Benefitfocus |
| Billing and Payments Application | Implementation Services | |
| XYZ | ||
| XYZ | ||
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2022 | Contracts/Agreements | In November, the company agreed to be acquired by Voya Financial Inc. |
| 2022 | Contracts/Agreements | In October, the company entered into a partnership with Ushur to drive better member engagement with health and benefits programs. |
| 2021 | Acquisitions/Mergers/Takeovers | In November, the company acquired Tango Health, an innovative software and services company. |
Competitor Comparison
| Key Parameters | Benefitfocus Inc | Cornerstone OnDemand, Inc. | Q2 Holdings Inc | AppFolio Inc | Workiva Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Charleston | Santa Monica | Austin | Santa Barbara | Ames |
| State/Province | South Carolina | California | Texas | California | Iowa |
| No. of Employees | 1,100 | 2,600 | 2,024 | 1,600 | 2,106 |
| Entity Type | Private | Private | Public | Public | Public |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Douglas A Dennerline | Chairman | Executive Board | 2021 | 63 |
| Matthew Levin | Chief Executive Officer; President; Director | Executive Board | 2021 | 48 |
| Alpana Wegner | Chief Financial Officer; Treasurer | Senior Management | 2020 | 49 |
| Sean Wechter | Chief Information Officer | Senior Management | 2020 | - |
| Ed Rumzis | Chief Technology Officer | Senior Management | 2022 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
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