E

eBenX

IPO

Public · Minneapolis, United States · Founded 1993 · $18.0M raised

Employees
1–10
Founded
1993
Business Model
B2B
Total Funding
$18.0M
Last Round
$18.0M Venture Round
Rounds
1
Type
Public

About

eBenX (formerly Network Management Services) was a Minneapolis-based B2B software company providing technology-driven health and welfare benefits administration and e-commerce connectivity solutions for large employers, health plans, carriers, and purchasing alliances. The platform enabled online procurement, eligibility administration, and premium payment of group health insurance benefits. Founded in 1993, eBenX traded on the Nasdaq as EBNX before merging with SHPS, Inc. in February 2003 to form the market's leading HR and benefits administration services company.

Summary

eBenX is a HR Tech company based in Minneapolis, United States, founded in 1993. It has raised $18.0M in total across 1 round. Investors include XL Innovate.

Funding History

AcquisitionAcquisition by SHPSNov 2002

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Venture Round through Acquisition — per-round amounts, valuations, and who invested in each round.

Investors

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