Bennie is an employee benefits platform that consolidates benefits information and provides dedicated consulting services, acting as an extension of HR teams to streamline benefits management. The platform reduces the time spent on benefits inquiries by 85% and enables employers to save up to $5,000 monthly while enhancing employee satisfaction with a 98% approval rate.
Funding
$50M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
HR departments often struggle with the complexities of managing employee benefits, leading to time-consuming inquiries and administrative burdens. Employees also face challenges in understanding and utilizing their benefits packages effectively, resulting in dissatisfaction and underutilization.
Solution
Bennie offers a consolidated employee benefits platform coupled with dedicated consulting services, acting as an extension of HR teams to streamline benefits management. The Bennie app centralizes benefits information, allowing employees to view ID cards, search for in-network doctors, explore costs, and chat with a healthcare concierge for personalized support. Bennie's brokerage services provide proactive benefits strategy planning and management, ensuring employers receive optimal offerings. Furthermore, Bennie offers level-funded health plan options and consulting for various insurance lines, including property and casualty.
Target Audience
Bennie primarily targets HR departments seeking to streamline benefits administration and improve employee satisfaction, as well as companies looking for cost-effective and comprehensive benefits solutions.
Features
- Centralized platform for accessing benefits information, including ID cards and coverage details.
- Healthcare concierge service to assist employees with claims, coverage, and enrollment questions.
- Dedicated benefits consultant for proactive strategy planning and management.
- Level-funded health plan option for improved cash flow and plan design flexibility.
- Consulting services for various insurance lines, including workers’ compensation and general liability.
- Mobile app for convenient access to benefits information and support.