benefitbay
Human Resources
$40.1Mtotal raised · 7 rounds on record
$17.5Mlatest round · Series A · May 2026 · 5 mo ago
3backers · Invest Nebraska, KCRise Fund
43team · US Form 5500 (plan participants) · Dec 2025 · +65% in a year
Overview
About Benefitbay Building a Better Future for Benefits benefitbay's story: Built for the future of ICHRA (CHOICE) benefitbay is the ICHRA partner that puts the full power of personalized benefits into your hands.
Funding and backers
Total raised
$40.1M
7 rounds on record
Latest round
$17.5M
Series A · May 2026 · 5 mo ago
Team
43
US Form 5500 (plan participants) · Dec 2025 · +65% in a year
Backers
3
Invest Nebraska, KCRise Fund
The money's age
Fresh money
5 months since the last round · not hiring
Momentum
20/100
fresh money
Last sign of life
1 mo ago
a posting or a news item
The story so fareach stage dated by its source: the company's releases, the press, registers, filings
May 21
Raised a round Series A $17.5M · SEC Form D
2025
Team of 43 was 26 · US Form 5500 (plan participants)
Sep 12, 2025
Raised a round Seed $5M
Apr 1, 2024
Raised a round Venture round $3M · SEC Form D
Apr 6, 2023
Raised a round Seed $2.5M · led by Right Side Capital Management · YahooFinance
Apr 14, 2021
Raised a round Venture round $1.2M · SEC Form D
2021
Founded
Funding rounds
| Round | Date | Amount | Investors | Source |
|---|---|---|---|---|
| Series A | May 2026 | $17.5M | — | SEC Form D |
| Seed | Sep 2025 | $5M | — | bizjournals.com |
| Venture round | Aug 2025 | $9.7M | — | SEC Form D |
| Venture round | Apr 2024 | $3M | — | SEC Form D |
| Seed | Apr 2023 | $2.5M | Right Side Capital Management lead, Comeback Capital lead | YahooFinance |
| Venture round | Feb 2023 | $1.3M | — | SEC Form D |
| Venture round | Apr 2021 | $1.2M | — | SEC Form D |
Registers and programsofficial lists and records that name the company
| Legal entity | Benefitbay Inc. | SEC Form D |
Founders and leadersfrom filings, registers and the company's site
Zach HarrisExecutive Officer, DirectorSEC Form D
Brandy BurchExecutive Officer, DirectorSEC Form D
Brandy ThompsonExecutive Officer, DirectorSEC Form D
Kevin MullinsExecutive OfficerSEC Form D
Backed byfrom the funds' portfolios and accelerator catalogs
Invest Nebraska 
KCRise Fund 
Nebraska Angels Investors in similar startupsfunds that back the companies most like this one
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Financials
Total raised
$40.1M
Latest round
Series A
Funding rounds
7
People
Zach Harris
Executive Officer, Director
Brandy Burch
Executive Officer, Director
Brandy Thompson
Executive Officer, Director
Kevin Mullins
Executive Officer
Kelley Halpin
Director
Scott Shane
Director
David Lambert
Director
John McIlwraith
Director
Michael Lipin
Director
Daniel Kittredge
Director
Names and roles come from public filings, company registers and the company's own site. Is this you? Correct or remove · How we handle this data
Connections
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Shared investors
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Likely
News
benefitbay Raises $18 Million Series A Led by Ten Coves Capital to Scale Its Broker-First ICHRA Platform
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Report
Benefitbay Raises $18 Million Series A Led By Ten Coves Capital To Scale Its Broker-First ICHRA Platform
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Report
benefitbay: How This Company Helps Brokers Model ICHRA For Employer Clients
benefitbay is a platform for brokers, employers, and employees that enables quick and simple Individual Coverage Health Reimbursement Arrangement (ICHRA) deployment for companies of all sizes. To learn more about benefitbay, Pulse 2.0 interviewed CEO Bran
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Report
benefitbay Raises $2.5 Million in Seed Plus Round, Led by Right Side Capital and Comeback Capital
KANSAS CITY, Mo., April 06, 2023 (GLOBE NEWSWIRE) -- benefitbay, an end-to-end ICHRA administration platform for brokers and their clients, has announced that it has raised $2.5 million at a $12.5 million valuation for their seed plus round. This funding
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Report
Offices
Where the company hires and what each office is for
Cities
2
Hiring now
0
Countries
1
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Headquarters
Builds here
Office with open vacancies
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Omaha
United States
HQ
Kansas City
United States
Regional office
1475 Walnut Street Suite 12
1475 Walnut Street Suite 12, Kansas City MO, 64106