As of August 2026, Latka tracks 140 benefits administration software companies. They have combined revenues of $8.9B and employ 34.6K people. They have raised $8.3B and serve 5M customers combined.
Every company below sells benefits administration software to other businesses and is ranked by its most recent annual revenue. Revenue, funding, headcount and customer figures come from CEO interviews on the Latka podcast, public company filings, and Latka estimates where a company has not disclosed a number.
Benefits Administration Software is a specialized category of software designed to help organizations efficiently manage employee benefits programs. This software typically streamlines processes such as enrollment, compliance, and record management while providing tools for reporting and analytics. By automating these tasks, organizations can reduce administrative workloads and minimize errors, enhancing the overall experience for both HR professionals and employees. Common use cases include managing health insurance, retirement plans, and other employee benefits during open enrollment periods. Typical features include self-service portals for employees, integration with payroll systems, and customizable benefit plans. The primary users of this software are HR departments, benefits managers, and payroll administrators who require a solution that simplifies their benefits administration tasks while maintaining compliance with relevant regulations.
Sorting: Highest -> Lowest
Showing 10 of 140 companies ranked by annual revenue.
New York, New York, United States
Judi Health is a health technology company providing a comprehensive suite of solutions for employers and health plans, including pharmacy benefit management solutions.
San Francisco, California, United States
a cloud-based platform that provides a range of HR, IT, and operations services for businesses.
San Francisco, California, United States
Gusto is a cloud-based payroll and human resource management software provider
New York, New York, United States
At Spring Health, we help employers modernize their behavioral health benefits with the most effective, comprehensive solution for employee mental wellbeing. Our offering functions as a single front door to any type of care - from digital exercises, to EAP services, to coaching, therapy, or medication. We use a proprietary assessment and machine-learning technology to understand all of the conditions a person may be experiencing, and use those results to match them to a care plan personalized to their needs. Each member has access to a Care Navigator to help guide them through their options, assist in booking appointments with therapists, and connect them to domain experts across work-life, legal, or financial services. This innovative, personalized approach to care, paired with a seamless, high-touch member experience makes Spring Health the most holistic, effective behavioral health benefit for modern, people-first employers.
Houston, Texas, United States
Professional employer organization helping entrepreneurs grow their businesses by delivering world-class services with trusted experts in HR, payroll, and benefits
Bengaluru, Karnataka, India
Onsurity is India's only healthtech company providing monthly, comprehensive employee healthcare to SMEs, MSMEs, Startups, and growing businesses. It operates as a Healthcare and wellness membership plan for employees.
San Francisco, California, United States
Collective Health is the leading health benefits platform that brings together medical, dental, vision, pharmacy, and program partners into an integrated solution that better enables employees and their families to understand, navigate, and pay for healthcare. By reducing the administrative lift of delivering health benefits, providing an intuitive member experience, and helping control costs and improve outcomes, the company guides employees toward healthier lives and companies toward healthier bottom lines.
Shanghai, China
Provider of human capital management services. The company operates a cloud-based platform that offers payroll outsourcing, benefit outsourcing, recruitment and expatriate services in the Greater China and Asia-Pacific region.
United States
HiBob is a developer of cloud-based Human Capital Management (HCM) software, delivered via a human resources information system (HRIS) platform. It offers benefits administration, payroll, and employee engagement solutions.
Latka tracks 140 benefits administration software companies with reported revenue. Together they generate $8.9B in annual revenue and employ 34.6K people.
Judi Health is the largest, with $3.7B in annual revenue, founded in 2017.
The average benefits administration software company in this list makes $63.5M a year, across 140 companies with reported revenue. They serve 5M customers combined.
Ranked by annual revenue, the leaders are Judi Health, Rippling, Gusto, Spring Health and G&A Partners.
The 140 benefits administration software companies tracked here have raised $8.3B in disclosed funding between them.
- Must provide tools for automated enrollment and eligibility management - Should include compliance management features to adhere to legal requirements - Needs to support employee self-service functionalities for accessing benefits information - Must offer reporting and analytical capabilities for tracking benefits costs and usage - Should integrate seamlessly with other HR and payroll systems - Not just for basic tracking; must also provide comprehensive benefits plan management tools
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