Benefitfocus
Daniel Island, South Carolina, United States
Valuation
$804.4M
2020 Revenue
$268.1M
Customers
200K
Funding
$0
Avg ACV
$1.3K
Team · 2025
1K
Founded
2000
Benefitfocus Revenue & Valuation (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 | Source |
|---|---|---|
| 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.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
Benefitfocus serves 200K customers.
Benefitfocus Employees & Team Size
Benefitfocus employs approximately 1K people as of 2026, up from 1K in 2020, including 1 sales reps that carry a quota. It serves 200K customers that rely on its solutions.
| Year | Milestone | Source |
|---|---|---|
| 2025 | Reached 1K employees (July 2025) | |
| 2020 | Reached 1K employees (August 2020) |
Frequently 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.
Compare Benefitfocus to the industry
Benefitfocus operates across multiple industries. Browse revenue, funding, and growth data for Benefitfocus in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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