benefitbay

benefitbay

benefitbay is a company focused on transforming employer-sponsored healthcare by facilitating the adoption of Individual Coverage Health Reimbursement Arrangements (ICHRA). It aims to provide a flexible and personalized healthcare benefits model for employees, addressing the rising costs and demand for tailored coverage options. The recent funding will enhance its payments infrastructure and support large-scale ICHRA deployment.

Total raised
$18M
tracked to date
Latest round
Series A
May 22, 2026
Known investors
2
led by Ten Coves Capital
Press coverage
2
outlets tracked

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🏆 Featured in Datapile’s Q2 2026 USA Funding Report

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Funding history

  1. 1
    $18MSeries AMay 22, 2026

    Led by Ten Coves Capital

    Announcement ↗

Founder

Brandy Thompson
Brandy Thompson
Founder & CEO

Investors in benefitbay

Backers from this company's tracked funding rounds.

  • TTen Coves CapitalLead investorVC firm
  • KKCRise Fund IIIVC firm

benefitbay in the news

Coverage of this company's funding, tracked by Datapile.

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benefitbay — Health startup in Kansas City, United States | Datapile