2024 Revenue
$9.5M
Funding
$0
YOY
73.1%
Team
63
Founded
2011
How ebm CEO Frank Mengert grew ebm 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.
| Year | Milestone |
|---|---|
| 2024 | ebm Hit $9.5m revenue in October 2024 |
| 2023 | ebm Hit $5.5m revenue in October 2023 |
| 2021 | ebm Hit $3.1m revenue in April 2021 |
| 2011 | Launched 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.
| Year | Round | Amount | Valuation | % Sold |
|---|
ebm Employees & Team Size
ebm employs approximately 63 people as of 2026, up from 60 in 2023.
ebm has 63 total employees in different roles and functions and 1 sales reps that carry a quota.
| Year | Milestone |
|---|---|
| 2024 | Reached 63 employees (December 2024) |
| 2024 | Reached 60 employees (October 2024) |
| 2023 | Reached 60 employees (October 2023) |
| 2022 | Reached 46 employees (October 2022) |
| 2021 | Reached 41 employees (December 2021) |
| 2021 | Reached 35 employees (April 2021) |
Founder / CEO
Frank Mengert
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.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for ebm yet.
Frequently Asked Questions about ebm
What is ebm's revenue?
ebm generates $9.5M in 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 raised $0.
How many employees does ebm have?
ebm has 63 employees.
Where is ebm headquarters?
ebm is headquartered in North Haven, Connecticut, United States.
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Compare ebm to the industry
ebm operates across multiple industries. Browse revenue, funding, and growth data for ebm 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 .