Alegeus
Powerful Employee Benefits Solutions & Technology
Waltham, United States · Founded 2003 · $750.0M raised
- Headquarters
- Waltham, Massachusetts
- Employees
- 501–1000
- Founded
- 2003
- Business Model
- B2B
- Website
- alegeus.com
- Total Funding
- $750.0M
- Last Round
- $750.0M Private EquityAug 2018
- Rounds
- 1
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
About
Alegeus is the market leader in SaaS-based employee benefits administration and account-based payment technology, powering health and wealth benefit programs for health plans, third-party administrators (TPAs), financial institutions, and HCM solution providers. The platform processes more than $6 billion in carded healthcare transactions annually and enables clients to manage HSAs, FSAs, HRAs, COBRA, and other account-based benefits through a highly flexible white-label model. Alegeus clients grow and drive account adoption at up to 3x the market rate and achieve the industry's highest customer satisfaction (NPS) scores. The company pioneered the first multi-purpose card-processing platform for administrators in 2000 and continues to innovate with next-generation HSA and COBRA platforms. Backed by Vista Equity Partners, Alegeus serves millions of benefits consumers across the US.
Summary
Alegeus is a Fintech company based in Waltham, United States, founded in 2003. It has raised $750.0M in total across 1 round, most recently a $750.0M Private Equity round in Aug 2018. Investors include Vista Equity Partners.
Tech & App Stack
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Funding History
Aug 2018
Investors
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