Self-funded insurance for small businesses
Benebay is a platform of self-funded healthcare for small companies. We enable companies with fewer than 100 employees enjoy the savings and transparency of self-funded health benefits model.
High and rising healthcare costs are an especially acute problem for small companies. Benebay solves this problem by offering a unique combination of self-funded health insurance products and digital user experience tailored to small companies. The solution eliminates insurance overhead.
Benebay’s solution is based on advanced health insurance administration technology developed and tested in Europe. Now it is customized for the American market and successfully implemented with our first clients.
Company name: Benebay, Inc.
Date founded: March 2016
Andrejs Strods, CEO
Funding to date: $300 thousand
Financing sought: $1.5 million