How much funding has Alegeus raised?

Alegeus has raised $750.0M in total funding, most recently a Private Equity round.

Who are Alegeus's investors?

Alegeus's investors include Vista Equity Partners.

Where is Alegeus headquartered?

Alegeus is headquartered in Waltham, Massachusetts, United States.

What industry is Alegeus in?

Alegeus operates in Fintech, Healthcare, SaaS.

How many employees does Alegeus have?

Alegeus has 501-1000 employees.

Alegeus

Powerful Employee Benefits Solutions & Technology

Waltham, United States · Founded 2003 · $750.0M raised

Fintech

Healthcare

SaaS

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

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.