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BenefitBay

Kansas City, MO · Founded 2021 · Privately Held (backing)

Developer of an administration platform designed to offer personalized benefits for the modern workforce. BenefitBay is based in Kansas City, MO and was founded in 2021. Its last reported valuation was $8.5 million in Jan 2023. It has raised $18.2 million across 3 recorded rounds; the latest was a $17.5 million early-stage round in May 2026.

Last reported valuation
$8.5M
Oct 2026
Priced at
—
Total raised
$18.2M
Last round
Early Stage VC
May 2026

BenefitBay key facts

as of Oct 2026
  • Developer of an administration platform designed to offer personalized benefits for the modern workforce.
  • BenefitBay is valued at approximately $8.5M as of Oct 2026 (last reported valuation).
  • It has raised $18.2M across 3 recorded rounds; the latest was Early Stage VC ($17.5M) in May 2026.
  • Notable investors include Right Side Capital Management, Liquid 2 Ventures, Invest Nebraska, G Ventures (VC), Allos Ventures — 15 tracked in total.
  • BenefitBay has filed 3 Form Ds with the SEC since 2024, most recently Sep 2025 ($7.0M sold to 9 investors).
  • Status: Privately Held (backing).
Last reported valuation
LOW confidence
$8.5M

BenefitBay's last reported valuation, Jan 2023. Nothing priced has surfaced since.

set by last reported valuationas of Oct 2026question about this number?
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BenefitBay funding rounds

3 rounds
May 2026Early Stage VC$17.5MSEC filing▮
Aug 2025Early Stage VC$9.7MSEC filing▮
Apr 2024Seed Round$3.0MSEC filing▮
Full funding history →

BenefitBay valuation

BenefitBay's last reported valuation was $8.5 million in Jan 2023. No priced round, secondary trade or fund mark has surfaced since.

How much has BenefitBay raised?

BenefitBay has raised $18.2 million across 3 recorded rounds since 2024. The largest was a $9.7 million early-stage round in Aug 2025; the most recent was a $17.5 million early-stage round in May 2026.

BenefitBay has filed 3 Form Ds with the SEC since 2024, most recently in Sep 2025 ($7 million sold to 9 investors).

BenefitBay investors

15 investors are on record for BenefitBay, including Right Side Capital Management, Liquid 2 Ventures, Invest Nebraska and G Ventures (VC). The early-stage round in May 2026 drew 4 investors.

About BenefitBay

Developer of an administration platform designed to offer personalized benefits for the modern workforce. The company's platform leverages an all-new benefit option, which allows employers to reimburse employees for individual health plans while maintaining the tax advantages of a group insurance policy, enabling employees to access the tools and support to select and enroll in the right plan.

Sector
Information Technology
HQ
Kansas City, MO, United States
Founded
2021
Employees
55
Ownership
Privately Held (backing)

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