BeneStream provides businesses with innovative, cost-saving products and services by connecting their qualified employees to government benefits. The company's exclusive product, Medicaid Migration, informs employees if they qualify for government-sponsored health insurance. BeneStream's health insurance broker partner network includes more than half of the nation's leading brokerages. Additionally, BeneStream is partners with a growing list of the nation's leading processors of the Work Opportunity Tax Credit (WOTC). BeneStream's founders launched the business with a grant from the Ford Foundation and with support from Stax Inc.'s Dev Co. With this support the company developed its value proposition and core business model in time to meet the demand created by full implementation of the Affordable Care Act.
Date | Amount | Type | Investors | Valuation |
---|---|---|---|---|
09/29/15 | $2,000,000 | Series A |
BlueCross BlueShield Venture Partners Sandbox Advantage Fund | undisclosed |