Nexben logo — A smarter way to right-size benefits for everyone.

Nexben

A smarter way to right-size benefits for everyone.

Founded 2015 United States Minneapolis, United States 42 employees Venture round Total: $26.26M Financial Services, Fintech +3

General Information

Company Name Nexben
Founded Year 2015
Location United States Minneapolis, United States
Employees 42
Industries Financial Services, Fintech, Information Technology +2
Funding Stage Venture round
Social

BounceWatch is an independent company data service, not affiliated with Nexben. To contact Nexben, visit nexben.com.

Is this your company?

Confirm with your work e-mail, get the Verified badge and keep this profile correct yourself. Search engines and AI assistants read it every day.

Get Verified

About Nexben

Nexben is a leading fintech plan administration and payment solution in the benefits industry. The company's slogan "A smarter way to right-size benefits for everyone" encapsulates its mission to provide a more efficient and personalized approach to benefit administration. Founded in 2015 and headquartered in the United States, Nexben operates in the Financial Services, Fintech, Information Technology, Insurance, and SaaS industries.

Nexben's innovative approach has disrupted the benefits market, transitioning from a traditional one-to-one transaction model to a game-defining many-to-many solution. Leveraging financial technology, Nexben empowers individuals to take control of their finances and expand their freedom of choice through accessible administrative and payment solutions.

The company recently secured an $18.33M Venture Round investment on 22 September 2022, signifying investor confidence in Nexben's potential to reshape the benefits ecosystem. The specifics of the last investment's backers are currently undisclosed.

Nexben's commitment to revolutionizing benefit administration and payment solutions positions it as an intriguing prospect for potential venture capital investors seeking opportunities in the evolving landscape of fintech and insurance technology.

Taxonomy: Plan Administration, Payment Solution, Financial Technology, Benefits Industry, Health Benefits, Employer Benefits, Web-Based Software, Employee Enrollment, Scale Up Tech, Defined Contribution, ICHRA

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round $18.33M -
22 Sep 2022
Venture Round $5.06M -
24 Jun 2020
Debt Financing $2.88M -
28 Aug 2015

Nexben Alternatives & Competitors

View All Alternatives
Nexben vs

Simplifying healthcare management with innovative software and payment solutions for consumer-direct...

Series C
2-10 employees
Financial Services, Health Care
Nexben vs

Benefits only agency dedicated to understand our clients goals to help build a comprehensive employe...

10 employees
Financial Services, Insurance
Nexben vs
Vestwell
Vestwell United States

Vestwell is the modern fintech engine powering savings and investment programs for small businesses...

Series D
432 employees
Finance, Financial Services

FAQ About Nexben

A smarter way to right-size benefits for everyone.
Nexben was founded in 2015.
Nexben is headquartered in Minneapolis, United States.
Nexben operates in Financial Services, Fintech, Information Technology, Insurance and SaaS. Its work centres on Plan Administration, Payment Solution, Financial Technology and Benefits Industry.
Nexben has approximately 42 employees.
Nexben has completed 3 funding rounds, raising a total of $26.26M. The latest funding stage is Venture round.
Top alternatives and competitors to Nexben include Evolution Benefits, Edge Insurance Group, Vestwell, PIOPAC Fidelity, Ease. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Nexben and Evolution Benefits are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Nexben, https://bouncewatch.com/company/nexben, updated 30 December 2024. When citing, please name BounceWatch and link this page.

Analytics cookies (ours + Google). Cookie Policy

Book a demo 30 minutes