- B2B
- Early StageStartup in initial stages
- Website
- Location
- Company size
- 11-50 people
- Total raised
- $2.7M
- Company type
- Startup
- Markets
Benefitter careers
Benefitter offers companies that provide group health insurance a SaaS solution, built on the Affordable Care Act ("ACA" or "Obamacare"), which lowers their healthcare costs. Using our platform, employers and their workers save money on health insurance by migrating from group to individual plans, providing employees access to better insurance coverage at a total cost that is 20-60% lower for the company and the employees.
The ACA has disrupted health insurance and is financing its replacement with $1.2 trillion over the next decade. As a result, we are at the beginning of a huge transformation in the health insurance industry, one in which 30-50MM people are expected to move from group to individual insurance by 2020. This transition will mirror the shift from pensions to 401(k) plans which began in the 80s. The dislocation will create opportunities for new entrants the way 401(k) plans led to the massive growth of Schwab, Fidelity and Vanguard.
The ACA has disrupted health insurance and is financing its replacement with $1.2 trillion over the next decade. As a result, we are at the beginning of a huge transformation in the health insurance industry, one in which 30-50MM people are expected to move from group to individual insurance by 2020. This transition will mirror the shift from pensions to 401(k) plans which began in the 80s. The dislocation will create opportunities for new entrants the way 401(k) plans led to the massive growth of Schwab, Fidelity and Vanguard.
Benefitter hasn't added any jobs yet
Get notified when Benefitter posts new jobs.
Chris Dean
CEO Treasury Prime; CTO API Banking at SVB; Founded Merced Systems (sold for $200mm); Hacker; Machine Learning expert; bought my first house by writing Lisp
Rachel Gollub
Founder @Benefitter • Worked at @Sun Microsystems on original Java team, @Stanford University digital repository writer• Studied at @California Institute of Technology
CEO/Founder of two startups (first acquired by Aon Hewitt); angel investor for digital health; avid snowboarder; ecstatic father (most days)
Founder @Epocrates, @Benefitter • Worked at @McKesson • MBA @Stanford University, MD @Cornell University University, BA @University of Pennsylvania
Total raised
$2.7M
Funded over
1 round
Latest round
Seed (Feb 2013)
Rockbot • Remote • 1 week ago
Spreedly • Montreal • 3 weeks ago
Vidyard • Canada • 3 weeks ago
71lbs • Fort Lauderdale • $50k – $130k • No equity • 3 weeks ago
AllTrails • Remote • 3 weeks ago