Benepass Raises $12M In Series A Funding Led By Threshold Ventures To Reimagine How Companies Take Care Of Their Employees

Sep 29, 2021•almost 4 years ago

Amount Raised

$12 Million

Round Type

series a

Description

Benepass, a modern benefits platform for People-forward companies, announced today it has raised $12M in Series A funding led by Threshold Ventures. Other participating investors in this round include Modern Venture Partners, Operator Partners, and Alumni Ventures Group, as well as existing investors Gradient Ventures and Global Founders Capital. With this round, Mo Islam from Threshold Ventures will join the Benepass Board.

Company Information

Company

Benepass

About

Benepass helps companies take care of their people. With a single card + mobile app, Benepass consolidates multiple benefits into a single platform, making benefits flexible, intuitive and easy to use. With Benepass, companies can scale efficiently and say "yes" to a diverse set of employee preferences. Benepass was founded in 2019 by Jaclyn Chen, Kabir Soorya, and Mark Fischer. Additional information about the company can be found at www.benepass.com.

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Benepass Raises $12M In Series A Funding Led By Threshold Ventures To Reimagine How Companies Take Care Of Their Employees

Description

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Funding Insights

Company Information