BENEFIX

benefix-logo

In a part of the country where itโ€™s more common to see an Amish buggy than an electric car, BeneFix, an insurTech start-up, is working to change how health insurance brokers manage small group benefits with their simple, speedy, and secure technology. BeneFix offers health insurance brokers a digital platform that delivers 100% accurate quotes 100 times faster. Based in Lancaster, Pa., BeneFix manages data from thousands of plans offered by major carriers in Pennsylvania and New Jersey, off... ering quotes in minutes from a simple-to-use online interface reminiscent of Zillow. Less than two years after founder Matt Ranauro first had the idea for the platform, the business had a brick-and-mortar office in Lancaster City, over 1,000 customers, and, most recently, became one of nine central Pennsylvania finalists competing for a $100,000 investment from AOL co-founder Steve Caseโ€™s โ€œRise of the Restโ€ initiative. The success is due, Ranauro believes, to three factors. First, his own passion for the product. Ranauro has co-founded several tech companies, most notably ILL Co., a company that has built apps for HBO and Nickelodeon, analytics platforms for KPMG and products for the Mayo Clinic. With each company, Ranauro needed to find health insurance for himself and his co-founders and employees. โ€œIt took about two months just to find out what was available, then get enrolled in those products.โ€ He said. โ€œWhich seems crazy, right? In 2017?โ€ The question became: how do we streamline this and make it a better experience for everyone? Ranauroโ€™s previous experience is the second factor that contributes to the success and growth of BeneFix. The final is the Insurtech industry itself. With insurance, and health insurance particularly, still lagging behind other industries in terms of using and creating technologies that work, the Insurtech industry, a $4.5 trillion industry, has attracted the attention of venture capitalists and tech entrepreneurs alike. Lancaster (Ranauroโ€™s hometown) may be Amish country, full of farms, buggies and country roads, but BeneFix is out to prove that itโ€™s also fertile soil for creating a company that will revolutionize the health insurance industriesโ€™ outdated model.

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BENEFIX

Social Links:

Industry:
Health Insurance Information Technology Insurance InsurTech

Founded:
2016-06-01

Address:
Lancaster, Pennsylvania, United States

Country:
United States

Website Url:
http://www.benefix.us

Total Employee:
11+

Status:
Active

Contact:
(866) 617-2474

Email Addresses:
[email protected]

Total Funding:
9.65 M USD

Technology used in webpage:
SPF LetsEncrypt IPv6 Google Apps For Business Cloudflare Hosting Cloudflare Network Error Logging Cloudflare DNS Amazon Route 53 OpenResty GoDaddy SSL


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Current Advisors List

matthew-ray_image

Matthew Ray Board Member @ BeneFix
Board_member
2020-03-01

Current Employees Featured

harrison-hahn_image

Harrison Hahn
Harrison Hahn Sales Manager @ BeneFix
Sales Manager
2017-05-01

aaron-silverman_image

Aaron Silverman
Aaron Silverman Vice president, Engineering @ BeneFix
Vice president, Engineering
2020-09-01

matthew-ranauro_image

Matthew Ranauro
Matthew Ranauro Founder/CEO @ BeneFix
Founder/CEO
2017-09-01

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Lee Shand Snyder
Lee Shand Snyder VP of Operations @ BeneFix
VP of Operations
2016-04-01

carson-gilvey_image

Carson Gilvey
Carson Gilvey Operations Analyst @ BeneFix
Operations Analyst
2017-09-01

lauren-hershey_image

Lauren Hershey
Lauren Hershey Account Manager @ BeneFix
Account Manager
2017-12-01

Founder


matthew-ranauro_image

Matthew Ranauro

Investors List

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Leading Edge Ventures

Leading Edge Ventures investment in Seed Round - BeneFix

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MidCap Advisors

MidCap Advisors investment in Seed Round - BeneFix

milestone-venture-partners_image

Activate Venture Partners

Activate Venture Partners investment in Seed Round - BeneFix

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Ben Franklin Technology Partners

Ben Franklin Technology Partners investment in Seed Round - BeneFix

Newest Events participated

young-professionals-network-kick-off-mixer_event_image Participated in Young Professionals Network Kick-Off Mixer on 2018-02-08 as sponsor

Official Site Inspections

http://www.benefix.us Semrush global rank: 5.61 M Semrush visits lastest month: 1.51 K

  • Host name: 172.66.42.231
  • IP address: 172.66.42.231
  • Location: United States
  • Latitude: 37.751
  • Longitude: -97.822
  • Timezone: America/Chicago

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