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Benepass raises $40M in Series B funding led by Centana Growth Partners for platform expansion to help employers manage healthcare costs.

PRIVATEJan 21, 2026

Amount Raised

$40 Million

Round Type

Series B

New YorkInformation TechnologyFinancial ServicesAdministrative ServicesHuman ResourcesEmployee BenefitsSaaS

Investors

FoW PartnersPortage VenturesThreshold VenturesCentana Growth Partners

Description

Benepass has raised $40 million in Series B funding, led by Centana Growth Partners, to support its platform expansion. This funding aims to assist employers in managing healthcare expenditures more effectively while enhancing employee options. The investment comes at a time when healthcare costs are projected to rise significantly. With this capital, Benepass will further develop its pre- and post-tax benefit offerings.

Quick answer

BenePass raised $40 Million in a Series B round, dated January 21, 2026. Investors: FoW Partners, Portage Ventures, Threshold Ventures and Centana Growth Partners. BenePass is based in New York, New York, United States.

How much did BenePass raise?
BenePass raised $40 Million in a Series B round on January 21, 2026.
Who invested in BenePass?
FoW Partners, Portage Ventures, Threshold Ventures and Centana Growth Partners are named as investors in this round.
What does BenePass do?
Benepass is a New York–based fintech company founded in 2019 that simplifies employee benefits administration through a modern platform combining tax-advantaged benefits and company-funded stipends—such as FSAs, HSAs,..
Where is BenePass based and how big is it?
BenePass is based in New York, New York, United States. Fundz records about 92 employees.
Who are the decision-makers at BenePass?
Fundz holds 5 contacts at BenePass, including the Director, Strategic Accounts. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services and Administrative Services around the same time

Companies in the same sectors as BenePass that raised within 45 days of this round, from Fundz verified event records.

  • HRSoft raised an undisclosed amount (Private Equity) on March 4, 2026.
  • BrightPlan Group raised $4M on January 5, 2026.
  • Ben raised $28M (Series B) on December 17, 2025.
  • Innoviti raised $11M (Seed) on February 28, 2026.
  • Rewa raised an undisclosed amount (Seed) on February 26, 2026.
  • Kinfolk raised $7.2M (Seed) on February 26, 2026.

Who to call at BenePass, and when

A new round usually means BenePass is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day BenePass raises, hires an executive or expands, scored against what you sell
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  • Who you already know at BenePass, from your own LinkedIn network

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Company Information

Company

BenePass

Location

228 Park Ave S

New York, New York, United States

About

Benepass is a New York–based fintech company founded in 2019 that simplifies employee benefits administration through a modern platform combining tax-advantaged benefits and company-funded stipends—such as FSAs, HSAs, commuter benefits, wellness programs, and professional development allowances—into an intuitive app and payment card system, helping organizations streamline HR operations, boost benefit utilization, and offer competitive, personalized packages that support employee well-being.

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Fundz sees it the moment BenePass raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

5 contacts
Verified contactsAllie D., Director, Strategic Accounts hidden hidden hiddenSee plans and pricing
Predictive Intelligence
Strategic

ML-powered predictions for BenePass's next move

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

BenePass raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.