Benefitfocus
Valuation
$804.4M
2020 Revenue
$268.1M
Customers
200K
Funding
$0
Avg ACV
$1.3K
Team
1K
Founded
2000
How Benefitfocus CEO Matt Levin grew Benefitfocus to $268.1M revenue and 200K customers in 2020.
Benefitfocus (NASDAQ: BNFT) provides a leading cloud-based benefits management platform that simplifies how organizations and individuals shop for, enroll in, manage and exchange benefits
Last updated
Benefitfocus Revenue
In 2020, Benefitfocus's revenue reached $268.1M. Since its launch in 2000, Benefitfocus has shown consistent revenue growth.
| Year | Milestone |
|---|---|
| 2020 | Benefitfocus Hit $268.1m revenue in August 2020 |
| 2000 | Launched with $0 revenue |
Benefitfocus Valuation, Funding Rounds
Benefitfocus's most recent disclosed valuation is $804.4M.
Benefitfocus is a bootstrapped Other Vertical Industry Software startup. Founded in 2000, Benefitfocus has grown to $268.1M in revenue without raising any venture capital or outside funding.
As a self-funded Other Vertical Industry Software SaaS company, Benefitfocus has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold |
|---|
Benefitfocus Employees & Team Size
Benefitfocus employs approximately 1K people as of 2026, up from 1K in 2020.
Benefitfocus has 1K total employees in different roles and functions and 1 sales reps that carry a quota. They have 200K customers that rely on the company's solutions.
| Year | Milestone |
|---|---|
| 2025 | Reached 1K employees (July 2025) |
| 2020 | Reached 1K employees (August 2020) |
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
See how Benefitfocus acquires and retains customers with data on acquisition costs and revenue performance. Log in to access the complete customer economics dashboard.
LockedFrequently Asked Questions about Benefitfocus
What is Benefitfocus's revenue?
Benefitfocus generates $268.1M in revenue.
Who founded Benefitfocus?
Benefitfocus was founded by Matt Levin.
Who is the CEO of Benefitfocus?
The CEO of Benefitfocus is Matt Levin.
How much funding does Benefitfocus have?
Benefitfocus raised $0.
How many employees does Benefitfocus have?
Benefitfocus has 1K employees.
Where is Benefitfocus headquarters?
Benefitfocus is headquartered in Daniel Island, South Carolina, United States.
People Also Viewed
treatmyocd.com
NOCD is the world's leading provider of OCD treatment, offering effective online therapy that helps people with obsessive-compulsive disorder get better and stay better. It provides telehealth services including face-to-face video therapy and 24/7 support.
Cowrywise
Digitizing wealth management in Africa
Edisen
Edisen is a company that provides media production services. They offer funding and investment opportunities for their clients. They have a presence on Crunchbase and their company profile provides information about their funding and investors. They also have an Instagram account where they share photos and videos related to their work. Edisen LLC is another branch of the company that provides contact information for phone, email, employees, CEO, and VP.
FarMar
FarMar is a company based in Peru operating primarily in the agricultural sector, with a focus on coffee and cocoa farming.
Chargebee
Chargebee Inc. was founded in 2011 and is headquartered in San Francisco, California, USA. Chargebee is a subscription management and billing platform that offers various features and functionalities, including automated billing, invoicing, and revenue recognition. The platform aims to help businesses of all sizes manage their subscriptions and billing more efficiently. Chargebee has become a popular platform for subscription-based businesses, with thousands of customers worldwide, including small startups and large enterprises. The company has received several awards and recognition for its innovative platform, and it continues to expand its offerings to meet the evolving needs of the subscription management and billing community.
LoyaltyOne
LoyaltyOne, Inc. is a global provider of loyalty marketing and programs to enterprises in the retail, financial services
Compare Benefitfocus to the industry
Benefitfocus operates across multiple industries. Browse revenue, funding, and growth data for Benefitfocus in each sector below.
Source Attribution
Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.
Company data last updated .