BenePass, Inc.
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BenePass, Inc. - overview
Established
2019
Location
New York, NY, US
Primary Industry
Software
About
Founded in 2019 by Jaclyn Chen, Kabir Soorya, and Mark Fischer, and based in New York, US, BenePass, Inc. operates as an electronic wallet platform that enables businesses to reduce the amount of payroll taxes and offers employees tax-advantaged benefits packages. In November 2025, BenePass, Inc. raised USD 40 million in series B funding led by Centana Growth Partners, with participation from FoW Partners, Portage Ventures, and Threshold Ventures.
The firm, as of July 2024, supports over 100,000 employees from companies like Wix, Mural, Bright Health Care, Anthropic, etc. , and is led by its CEO, Jaclyn Chen. Benepass is a benefits platform designed to enhance employee well-being by offering flexible, personalized benefits solutions. The company’s offerings include Health Savings Accounts (HSAs), Flexible Spending Accounts (FSAs), commuter benefits, and Lifestyle Spending Accounts that cover physical, mental, and financial health, among other areas, which cater to diverse employee needs.
The company plans to use the November 2025 funding to expand its team, enhance product offerings, and accelerate growth in the employee benefits platform market.
Current Investors
Y Combinator, Global Founders Capital, Amino Capital
Primary Industry
Software
Sub Industries
Human Resources Services, Accounting/Finance Software, HR & Workforce Software
Website
www.getbenepass.com
Verticals
Cloud Computing, FinTech, Mobile Apps
Company Stage
Series B
Total Amount Raised
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