BeniPlus

company

About

employee benefits, group benefits, healthcare savings account, SaaS,

  • 1 - 10

Details

Last Funding Type
Non-Equity Assistant
Industries
Financial Services,Insurance
Founded date
Jun 1, 2017
Number Of Employee
1 - 10
Operating Status
Active

BeniPlus is an innovative Canadian insurtech that provides small businesses owners and SMEs with simple, flexible, and affordable employee benefits. Our digital BeniPlus Wallet is an alternative to traditional group benefits that combines a unique mixture of customizable products and the latest technology.

The BeniPlus Wallet is a fixed cost, flexible spending account (FSA) that allows employers to choose between five categories of benefits to give their employees, including Healthcare Spending Account (HSA), Wellness Spending Account (WSA), Registered Retirement Savings Plan (RRSP), personal insurance, and charitable giving.

In addition, employers may opt for company-wide insurance coverage such as group life insurance, group disability insurance, group critical illness insurance, and major medical and travel insurance.

Employees are free to personalize their wallets to cover the benefits they care about the most. They can cover medical expenses through the HSA, improve personal wellness using WSA related benefits, contribute to financial security through an RRSP, mitigate personal risk through individual insurance, or donate to their favourite charities.

The BeniPlus Wallet helps employers give employees the benefit they want and need at a cost companies can afford.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
BeniPlus has raised a total of — in funding over 2 rounds. Their latest funding was raised on Feb 1, 2021 from a Non-Equity Assistant round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Feb 1, 2021 Non-Equity Assistant 1 Detail

Investors

Number of Lead Investors
Number of Investors
1
BeniPlus is funded by 1 investors. Newchip are the most recent investors.
Investor Name Lead Investor Funding Round
Newchip Non-Equity Assistant