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How ebm CEO Frank Mengert grew to $9.5M revenue with a 63 person team in 2024.

Hi, we're ebm.

As a premier service provider of employee benefits technology solutions, we partner with benefit consultants, insurance carriers, and enrollment firms to streamline benefits administration, HR, and compliance processes for employers.

Our Technology Toolbox provides fully outsourced services, enabling you to build a better foundation for your benefits - without all the heavy lifting

- Employee Benefits Technology Implementation & Support (bswift, PlanSource, Employee Navigator, Ease) - ACA File - Consolidated Carrier Billing & Reconciliation - COBRA Administration - Dependent Verification

Our agenda is straightforward: To help you win. To make life simpler. To put more time back in your day through technology-driven solutions.

Ready to start your journey? Visit www.getebm.com to learn more.

Last updated

ebm Revenue

In 2024, ebm's revenue reached $9.5M. The company previously reported $5.5M in 2023. Since its launch in 2011, ebm has shown consistent revenue growth.

ebm Revenue GrowthReported revenue / ARR over time$0$2M$4M$6M$8M$10M20112013201520172019202120232024$0$3.1M$9.5MSource: GetLatka.com
YearMilestoneQuote
2024ebm Hit $9.5m revenue in October 2024
2023ebm Hit $5.5m revenue in October 2023
2021ebm Hit $3.1m revenue in April 2021
2011Launched with $0 revenue

ebm Valuation, Funding Rounds

ebm is a bootstrapped Security Compliance Software startup. Founded in 2011, ebm has grown to $9.5M in revenue without raising any venture capital or outside funding.

As a self-funded Security Compliance Software SaaS company, ebm has built its business with no outside investment.

ebm Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$0.2$0.4$0.4$0.6$0.6$0.8$0.8$1$12011Source: GetLatka.com
YearRoundAmountValuation% SoldQuote

Founder / CEO

Frank Mengert

CEO

As the National Director, Benefits Technology for ebm Frank B. Mengert is responsible for establishing and maintaining the strategic partnerships that ebm has successfully developed nationwide. As a leader in the employee benefits technology field, he has helped bridge the gap between insurance and technology driven solutions. After over a decadein the technology field, Frank made his foray into the insurance industry and has focused on Private Exchanges / Benefits Technology working with some of the largest benefit consultants in the nation, all in order to help educate thier firms as well as their clients on technology decisions. Under his direction, ebm has been able to develop partnerships in all 50 states across the U.S.. These partnerships have given ebm the prime opportunity to work with many of the top ten benefit consultants, large regional players and local state based firms. Frank's personal accomplishments have been both a pillar of strength to the ebm team, and also an instrumental factor in their growth. Clients whom work with him can expect a high level of energy, focus and a driven desire to succeed. His work and partnerships are taken very seriously and handled with a unique, sought after level of professionalism, that is valued by all who seek his services.

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Customers

We do not have customer count information for ebm yet.

ebm Employees & Team Size

ebm employs approximately 63 people as of 2026, up from 60 in 2023, including 1 sales reps that carry a quota.

ebm Team GrowthReported headcount over time0153045607520112013201520172019202120232024006363Source: GetLatka.com
YearMilestone
2024Reached 63 employees (December 2024)
2024Reached 60 employees (October 2024)
2023Reached 60 employees (October 2023)
2022Reached 46 employees (October 2022)
2021Reached 41 employees (December 2021)
2021Reached 35 employees (April 2021)

Frequently Asked Questions about ebm

What is ebm's revenue?

ebm generates an estimated $9.5M in annual revenue.

Who founded ebm?

ebm was founded by Frank Mengert.

Who is the CEO of ebm?

The CEO of ebm is Frank Mengert.

How much funding does ebm have?

ebm is bootstrapped and has not raised outside funding.

How many employees does ebm have?

ebm has 63 employees.

Where is ebm headquarters?

ebm is headquartered in North Haven, Connecticut, United States.

Compare ebm to the industry

ebm operates across multiple industries. Browse revenue, funding, and growth data for ebm 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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