Download Our List of The Top 100 Accelerators & Incubators

This free sheet contains 100 accelerators and incubators you can apply to today, along with information about the industries they generally invest in.

100 Accelerators & Incubators
Download The List of the 100 Highest-Valued Unicorns

This free sheet contains all the information about the top 100 unicorns, including their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.

100 Top Unicorns
Download The List of the 100 Highest-Valued Unicorns

This free sheet contains all the information about the top 100 unicorns, including their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.

100 Top Unicorns
Get Free Access to The Founder's Handbook

This free Notion document contains the best 100+ resources you need for building a successful startup, divided in 4 categories: Fundraising, People, Product, and Growth.

The Founder's Handbook

Top 31 Employee Benefits Startups in 2023

Description

CTA

Think Employee Benefits is boring and everything’s been done before?

Think again.

If you’re in the Employee Benefits industry or are interested in starting a company in this space, this article dives into 31 of the hottest fast-growing Employee Benefits startups.


31 Employee Benefits Startups

Sheet
2,189 Accelerators & Incubators

Information about the industries, countries, and cities they generally invest in.

Get the Sheet for $50
Complete Unicorns List
Sheet
1,016 Unicorns

Information about their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.

Get the Sheet for $50
Complete Unicorns List
Sheet
1,190 Unicorns

Information about their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.

Get the Sheet for $50
FinTech Investors
Sheet
250 FinTech Investors

List of startup investors in the FinTech industry, along with their Twitter, LinkedIn, and email addresses.

Get the Sheet for $50
BioTech & Health Investors
Sheet
250 BioTech & Health Investors

List of startup investors in the BioTech, Health, and Medicine industries, along with their Twitter, LinkedIn, and email addresses.

Get the Sheet for $50
AI Investors
Sheet
250 AI Investors

List of 250 startup investors in the AI and Machine Learning industries, along with their Twitter, LinkedIn, and email addresses.

Get the Sheet for $50

1) Gympass

Gympass

Gympass is a fitness discovery tool that connects corporations and their workers to the world's network of fitness facilities.

Details of the startup:

  • Country: Brazil
  • State: Sao Paulo
  • City: Brasil
  • Started in: 2012
  • Founders: Cesar Carvalho, Joao Barbosa
  • Number of employees: 501-1000
  • Funding: $300,000,000
  • Funding rounds: 5
  • Number of investors: 12 (SoftBank Vision Fund, General Atlantic, Valor Capital Group, Atomico, Kaszek)

You can find their website here.

2) Pyn

Pyn

Pyn is a human resources firm that assists businesses in keeping their staff more engaged.

Details of the startup:

  • Country: Australia
  • State: New South Wales
  • City: Sydney
  • Started in: 2019
  • Founders: Jon Williams, Joris Luijke
  • Number of employees: 1-10
  • Funding: $10,200,000
  • Funding rounds: 2
  • Number of investors: 6 (Accel, Andreessen Horowitz, Skip Capital, Scott Farquhar, Jay Simons)

You can find their website here.

3) Epsor

Epsor

Employee savings and retirement programs are designed and distributed by Epsor.

Details of the startup:

  • Country: France
  • State: Ile-de-France
  • City: Paris
  • Started in: 2017
  • Founders: Benjamin Pedrini, Julien Murgey, Julien Niquet
  • Number of employees: 11-50
  • Funding: € 27,300,000
  • Funding rounds: 4
  • Number of investors: 5 (Augmentum Fintech, Partech, BlackFin Capital Partners, Didier Valet, Gaia Capital Partners)

You can find their website here.

4) PayFit

PayFit

Payfit makes it simple and quick for small and medium businesses to pay their employees.

Details of the startup:

  • Country: France
  • State: Ile-de-France
  • City: Paris
  • Started in: 2015
  • Founders: Firmin Zocchetto, Florian Fournier, Ghislain de Fontenay
  • Number of employees: 251-500
  • Funding: $208,437,448
  • Funding rounds: 5
  • Number of investors: 14 (Eurazeo, Accel, Bpifrance, Kima Ventures, The Family)

You can find their website here.

5) Flare

Flare

Flare is a financial services firm that specializes in paperless onboarding, employee benefits, and management.

Details of the startup:

  • Country: Australia
  • State: New South Wales
  • City: Sydney
  • Started in: 2015
  • Founders: Colin Mierowsky, Daniel Cohen, James Windon, Jan Pacas, Saul Kaplan
  • Number of employees: 51-100
  • Funding: A$50,000,000
  • Funding rounds: 3
  • Number of investors: 8 (Point72 Ventures, MYOB, Acorn Capital, Reinventure, Tank Stream Ventures)

You can find their website here.

6) Employment Hero

Employment Hero

Employment Hero is a cloud-based platform for HR, payroll, and employee benefits management.

Details of the startup:

  • Country: Australia
  • State: New South Wales
  • City: Sydney
  • Started in: 2014
  • Founders: Ben Thompson, Dave Tong
  • Number of employees: 51-100
  • Funding: $62,699,999
  • Funding rounds: 6
  • Number of investors: 7 (Salesforce Ventures, AirTree Ventures, SEEK, OneVentures, Partners for Growth)

You can find their website here.

7) minu

minu

minu transforms the financial health of Mexican workers by allowing them to access their already earned money whenever they need it.

Details of the startup:

  • Country: Mexico
  • State: Mexico
  • City: San Miguel Chapultepec
  • Started in: 2019
  • Founders: Nima Pourshasb, Paolo Rizzi
  • Number of employees: 11-50
  • Funding: $26,500,000
  • Funding rounds: 4
  • Number of investors: 12 (FJ Labs, QED Investors, VEF, Village Global, FinTech Collective)

You can find their website here.

8) CXA Group

CXA Group

CXA is a health and wellness ecosystem powered by artificial intelligence.

Details of the startup:

  • Country: Singapore
  • State: Central Region
  • City: Singapore
  • Started in: 2013
  • Founders: Rosaline Koo
  • Number of employees: 101-250
  • Funding: $58,000,000
  • Funding rounds: 3
  • Number of investors: 15 (MDI Ventures, HSBC, B Capital Group, EDBI, Openspace Ventures)

You can find their website here.

9) Factorial

Factorial

Factorial is a small and medium business human resources software platform that includes vacation management and other features.

Details of the startup:

  • Country: Spain
  • State: Catalonia
  • City: Barcelona
  • Started in: 2016
  • Founders: Bernat Farrero, Jordi Romero, Pau Ramon
  • Number of employees: 101-250
  • Funding: € 18,300,000
  • Funding rounds: 3
  • Number of investors: 6 (CRV, Creandum, Point Nine, K Fund, Itnig)

You can find their website here.

10) Bayzat

Bayzat

Bayzat is a technology firm that specializes in insurance and HR software.

Details of the startup:

  • Country: United Arab Emirates
  • State: Dubai
  • City: Dubai
  • Started in: 2011
  • Founders: Brian Habibi, Talal Bayaa, Tarek Bayaa
  • Number of employees: 101-250
  • Funding: $28,598,445
  • Funding rounds: 5
  • Number of investors: 10 (Endeavor Catalyst, Point72 Ventures, Silicon Badia, BECO Capital, Raed Ventures)

You can find their website here.

11) Enboarder

Enboarder

Enboarder is a software firm that assists organizations in creating compelling onboarding experiences for their new hires.

Details of the startup:

  • Country: Australia
  • State: New South Wales
  • City: Sydney
  • Started in: 2015
  • Founders: Brent Pearson
  • Number of employees: 11-50
  • Funding: $17,030,083
  • Funding rounds: 4
  • Number of investors: 9 (BetterCloud, Thrive Global, Greycroft, Venmo, Stage 2 Capital)

You can find their website here.

12) Skuad

Skuad

Skuad is a digital payroll platform that allows you to create, pay, and manage worldwide teams.

Details of the startup:

  • Country: Singapore
  • State: Central Region
  • City: Singapore
  • Started in: 2019
  • Founders: Dave Fall, Naman Singhal, Sundeep Sahi
  • Number of employees: 51-100
  • Funding: $4,000,000
  • Funding rounds: 1
  • Number of investors: 4 (BEENEXT, Anthemis Group, Alto Partners Multi-Family Office, Rohan Monga)

You can find their website here.

13) GajiGesa

GajiGesa

GajiGesa is a financial wellness platform that assists Indonesians in achieving financial security and dignity via their employment.

Details of the startup:

  • Country: Indonesia
  • State: Jakarta Raya
  • City: Jakarta
  • Started in: 2020
  • Founders: Martyna Malinowska, Vidit Agrawal
  • Number of employees: 11-50
  • Funding: $2,500,000
  • Funding rounds: 2
  • Number of investors: 7 (Quest Ventures, Defy.vc, Alto Partners Multi-Family Office, Kanmo Retail Group, OCBC NISP Ventura)

You can find their website here.

14) Coverflex

Coverflex

For modern businesses, flexible remuneration is essential.

Details of the startup:

  • Country: Portugal
  • State: Braga
  • City: Braga
  • Started in: 2019
  • Founders: Luis Rocha, Luis Rocha, Miguel Santo Amaro, Nuno Pinto, Rui Carvalho
  • Number of employees: 11-50
  • Funding: € 5,000,000
  • Funding rounds: 2
  • Number of investors: 5 (Breega, Big Start Ventures, LC Ventures, Beta-i, 200M)

You can find their website here.

15) Elements Global Services

Elements Global Services

Elements Global Services is a record-keeping employer and a tech-enabled services firm.

Details of the startup:

  • Country: Spain
  • State: Catalonia
  • City: Barcelona
  • Started in: 2013
  • Founders: Richard Hammell
  • Number of employees: 51-100
  • Funding: $20,000,000
  • Funding rounds: 1
  • Number of investors: 1 (Guidepost Growth Equity)

You can find their website here.

16) Cobee

Cobee

Cobee is a fintech firm based in Spain that creates an online platform that automates and streamlines the management of employee benefits.

Details of the startup:

  • Country: Spain
  • State: Madrid
  • City: Madrid
  • Started in: 2018
  • Founders: Borja Aranguren Herrera, Daniel Olea Martin, Ignacio Travesi
  • Number of employees: 11-50
  • Funding: € 2,475,000
  • Funding rounds: 4
  • Number of investors: 9 (Target Global, Speedinvest, Encomenda VC, Lanai Partners, Sabadell Venture Capital)

You can find their website here.

17) Swingvy

Swingvy

Swingvy is a cloud-based human resource management tool for small and mid-sized companies.

Details of the startup:

  • Country: Singapore
  • State: Central Region
  • City: Singapore
  • Started in: 2016
  • Founders: Hyojun Lee, Jahun Koo, Jin Choeh, Kit Hoong Tho
  • Number of employees: 11-50
  • Funding: $8,600,000
  • Funding rounds: 4
  • Number of investors: 6 (Samsung Ventures, Walden International, SparkLabs Accelerator, Big Basin Capital, Aviva Ventures)

You can find their website here.

18) ePesos

ePesos

EPesos is a FinTech that allows workers to access their pay immediately.

Details of the startup:

  • Country: Mexico
  • State: Nuevo Leon
  • City: Monterrey
  • Started in: 2014
  • Founders: Ariel Olaiz, Oscar Robles
  • Number of employees: 11-50
  • Funding: $27,000,000
  • Funding rounds: 2
  • Number of investors: 5 (Mouro Capital, Accial Capital, VilCap Investments, Pomona Impact, Fiinlab)

You can find their website here.

19) Plum

Plum

Health insurance and perks of high quality

Details of the startup:

  • Country: India
  • State: Karnataka
  • City: Bengaluru
  • Started in: 2019
  • Founders: Abhishek Poddar, Saurabh Arora
  • Number of employees: 11-50
  • Funding: $20,645,163
  • Funding rounds: 5
  • Number of investors: 23 (Sequoia Capital, Kunal Shah, Tiger Global Management, Shrishti Sahu, Gaurav Munjal)

You can find their website here.

20) ekincare

ekincare

Platform for corporate health benefits

Details of the startup:

  • Country: India
  • State: Andhra Pradesh
  • City: Hyderabad
  • Started in: 2014
  • Founders: Dinesh Koka, Kiran Kalakuntla, Srikanth Samudrala
  • Number of employees: 101-250
  • Funding: $5,729,000
  • Funding rounds: 4
  • Number of investors: 12 (Endiya Partners, Eight Roads Ventures, VenturEast, Touchstone Equities, Bitkemy Ventures)

You can find their website here.

21) Xoxoday

Xoxoday

Motivate and engage your employees to help your company grow.

Details of the startup:

  • Country: India
  • State: Karnataka
  • City: Bengaluru
  • Started in: 2012
  • Founders: Abhishek Kumar, Kushal Agarwal, Manoj Aggarwal, Sumit Khandelwal
  • Number of employees: 101-250
  • Funding: $450,000
  • Funding rounds: 2
  • Number of investors: 2 (Mahindra Holidays & Resorts India Limited, Kshatriya ventures)

You can find their website here.

22) CDP Group

CDP Group

CDP's integrated technology platform provides a comprehensive set of products and services for Human Capital Management.

Details of the startup:

  • Country: China
  • State: Shanghai
  • City: Shanghai
  • Started in: 2004
  • Founders: Wei Wang
  • Number of employees: 501-1000
  • Funding: $118,340,000
  • Funding rounds: 4
  • Number of investors: 7 (Morgan Stanley, Fidelity, Sumitomo Corporation, 51job, Investor AB)

You can find their website here.

23) Gig Wage

Gig Wage

Gig Wage is a fintech payroll firm that caters to independent contractors and gig workers.

Details of the startup:

  • Country: United States
  • State: Texas
  • City: Dallas
  • Started in: 2014
  • Founders: Craig Jamal Lewis
  • Number of employees: 11-50
  • Funding: $13,220,000
  • Funding rounds: 6
  • Number of investors: 11 (Techstars, MassChallenge, Revolution’s Rise of the Rest Seed Fund, Revolution, Green Dot)

You can find their website here.

24) Five to Nine

Five to Nine

So you can focus on improving the employee experience, Five to Nine oversees and assesses virtual event programming.

Details of the startup:

  • Country: United States
  • State: Illinois
  • City: Chicago
  • Started in: 2018
  • Founders: Denise Umubyeyi, Jasmine Shells
  • Number of employees: 11-50
  • Funding: $1,150,000
  • Funding rounds: 2
  • Number of investors: 7 (Morgan Stanley, Kapor Capital, Quake Capital Partners, Concrete Rose Capital, Sterling Road)

You can find their website here.

25) DailyPay

DailyPay

DailyPay is a payment solution for businesses in the financial sector.

Details of the startup:

  • Country: United States
  • State: New York
  • City: New York
  • Started in: 2015
  • Founders: Jason Lee, Robert Law
  • Number of employees: 251-500
  • Funding: $514,000,000
  • Funding rounds: 9
  • Number of investors: 9 (Fin Venture Capital, Carrick Capital Partners, RPM Ventures, Frontier Venture Capital, First Ascent Ventures)

You can find their website here.

26) Lyra Health

Lyra Health

Lyra assists businesses in improving their employees' access to good mental health care.

Details of the startup:

  • Country: United States
  • State: California
  • City: Burlingame
  • Started in: 2015
  • Founders: David Ebersman, Dena Bravata
  • Number of employees: 501-1000
  • Funding: $675,100,000
  • Funding rounds: 7
  • Number of investors: 21 (Fidelity Management and Research Company, Addition, Casdin Capital, Institutional Venture Partners, Greylock)

You can find their website here.

27) Nayya

Nayya

Nayya is a platform for managing and experiencing insurance benefits that addresses health plan issues.

Details of the startup:

  • Country: United States
  • State: New York
  • City: New York
  • Started in: 2019
  • Founders: Akash Magoon, Sina Chehrazi
  • Number of employees: 11-50
  • Funding: $50,700,000
  • Funding rounds: 3
  • Number of investors: 13 (Felicis Ventures, SVB Capital, Entrepreneurs Roundtable Accelerator, Social Leverage, Bow Capital)

You can find their website here.

28) Stork Club

Stork Club

Stork Club is a maternity care platform that extends insurance coverage and gives people who want to have a baby all of their options.

Details of the startup:

  • Country: United States
  • State: California
  • City: San Francisco
  • Started in: 2017
  • Founders: Jeni Mayorskaya
  • Number of employees: 11-50
  • Funding: $32,700,000
  • Funding rounds: 3
  • Number of investors: 7 (General Catalyst, Slow Ventures, Jack Altman, Bowery Capital, Kevin Mahaffey)

You can find their website here.

29) Cleo

Cleo

Cleo is a benefits platform that offers working families individualized advice.

Details of the startup:

  • Country: United States
  • State: California
  • City: San Francisco
  • Started in: 2016
  • Founders: Chitra Akileswaran, Shannon Spanhake
  • Number of employees: 101-250
  • Funding: $80,947,607
  • Funding rounds: 4
  • Number of investors: 13 (New Enterprise Associates, Felicis Ventures, Gaingels, Forerunner Ventures, Greylock)

You can find their website here.

30) Eden Health

Eden Health

Eden Health is a primary care and insurance navigation company for businesses looking to improve their employees' health and well-being.

Details of the startup:

  • Country: United States
  • State: New York
  • City: New York
  • Started in: 2016
  • Founders: Matt McCambridge, Scott L. Sansovich, Jr.
  • Number of employees: 101-250
  • Funding: $99,000,000
  • Funding rounds: 5
  • Number of investors: 17 (Insight Partners, Convene, Greycroft, Max Ventures, 645 Ventures)

You can find their website here.

31) Earnin

Earnin

Earnin allows people to check their pay from their smartphones whenever they want.

Details of the startup:

  • Country: United States
  • State: California
  • City: Palo Alto
  • Started in: 2012
  • Founders: Ram Palaniappan
  • Number of employees: 101-250
  • Funding: $190,099,999
  • Funding rounds: 4
  • Number of investors: 11 (DST Global, Ribbit Capital, Andreessen Horowitz, Felicis Ventures, Spark Capital)

You can find their website here.

Description

CTA
The All-In-One Newsletter for Startup Founders

90% of startups fail. Learn how not to with our weekly guides and stories. Join +40,000 other startup founders!