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Benefitfocus

Daniel Island, South Carolina, United States

2020 Revenue

$268.1M

Customers

200K

Funding

$0

Avg ACV

$1.3K

Team · 2025

1K

Founded

2000

Benefitfocus Revenue (2020)

Benefitfocus generated $268.1M in revenue 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

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Benefitfocus Revenue

In 2020, Benefitfocus's revenue reached $268.1M.

Benefitfocus Revenue GrowthReported revenue / ARR over time$0$60M$120M$180M$240M$300M20002002200420062008201020122014201620182020$0$268.1MSource: GetLatka.com
YearMilestoneSource
2020Benefitfocus Hit $268.1m revenue in August 2020Not recorded
2000Launched with $0 revenue

Benefitfocus Valuation, Funding Rounds

We do not have funding information about Benefitfocus yet.

No funding has been reported for Benefitfocus yet.

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.

Benefitfocus Team GrowthReported headcount over time02505007501,0001,25020002002200420062008201020122014201620182020202220242025001,0001,0001,0171,017Source: GetLatka.com
YearMilestoneSource
2025Reached 1K employees (July 2025)Not recorded
2020Reached 1K employees (August 2020)Not recorded

Frequently Asked Questions about Benefitfocus

Is Benefitfocus a public company?

Yes. Benefitfocus is publicly traded.

What is Benefitfocus's revenue?

As of 2020, Benefitfocus generated $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 many employees does Benefitfocus have?

As of 2025, Benefitfocus had 1K employees.

Where is Benefitfocus headquartered?

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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