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Charleston South Carolina based Benefitfocus is raising $80,000,010.00 in New Equity Investment.

Charleston South Carolina based Benefitfocus is raising $80,000,010.00 in New Equity Investment.

July 6, 2020 Craig Etkin

Charleston, SC – According to filings with the U.S. Securities and Exchange Commission, Benefitfocus is raising $80,000,010.00 in new funding. Sources indicate as part of senior management Chief Financial Officer, Stephen Swad played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Benefitfocus

 Benefitfocus (NASDAQ: BNFT) unifies the entire U.S. benefits industry on a single technology platform to protect consumers’ health, wealth and lifestyle. Our powerful cloud-based software, data-driven insights and thoughtfully-designed services, enable employers, insurance brokers and carriers to simplify the complexity of benefits administration and deliver a world-class benefits experience.

To learn more about Benefitfocus, visit http://www.benefitfocus.com/

Contact:
Stephen Swad, Chief Financial Officer
843-849-7476
stephen.swad@benefitfocus.com
https://www.linkedin.com/in/steve-swad-1a0141b/

SOURCE: http://www.intelligence360.io
Copyright (c) 2020 SI360 Inc. All rights reserved


Venture Capital
1440, Benefitfocus, Charleston, South Carolina, Venture Capital

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