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WageWorks logo — Give your employees the best possible benefits at the best p...

WageWorks

Give your employees the best possible benefits at the best possible cost.

Founded 2000 United States San Mateo, United States 636 employees Venture round Total: $40.00M Finance, Financial Services +1

General Information

Company Name WageWorks
Founded Year 2000
Location United States San Mateo, United States
Employees 636
Industries Finance, Financial Services, Human Resources
Funding Stage Venture round
Social

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About WageWorks

WageWorks is a leader in administering Consumer-Directed Benefits (CDBs). The company, founded in 2000, is solely dedicated to administering CDBs, including pre-tax spending accounts such as Health Savings Accounts (HSAs), health and dependent care Flexible Spending Accounts (FSAs), Health Reimbursement Arrangements (HRAs), as well as Commuter Benefit Services, including transit and parking programs, wellness programs, COBRA, and other employee benefits. With a commitment to making it easier to understand and take advantage of Consumer-Directed Benefits, WageWorks serves over 85,000 employer clients and approximately 6.5 million people. Headquartered in San Mateo, California, WageWorks has offices in major locations throughout the United States. The last investment of $20.00M came from a Venture Round on 07 January 2010, illustrating investor confidence in the company's mission to provide the best possible benefits at the best possible cost. Operating within the Finance, Financial Services, and Human Resources industries, WageWorks continues to play a significant role in the administration of consumer-directed benefits, demonstrating potential for growth and innovation in the HR and financial services sectors.

Business keywords: Consumer-Directed Benefits, Health Savings Accounts, Flexible Spending Accounts, Commuter Benefits, COBRA Administration, Health Reimbursement Arrangements, Employee Benefits Administration, Wellness Programs, Pre-Tax Spending Accounts, Dependent Care Accounts, Transit and Parking Programs, Benefits Administration, Employer Client Services, CDB Administration, Workplace Benefits

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round $20.00M -
07 Jan 2010
Debt Financing $20.00M 1
Hercules Capital
Hercules Capital
27 May 2005

WageWorks Alternatives & Competitors

WageWorks vs
Flores & Associates, LLC
Flores & Associates, LLC United States

Frictionless Benefits, Leave and Compliance Solutions

Private Equity
190 employees
Financial Services, Health Care
Compare WageWorks vs Flores & Associates, LLC
WageWorks vs
Employees Retirement System of Texas
Employees Retirement System of Texas United States

ERS offers competitive benefits to enhance the lives of its members.

394 employees
Financial Services, Government and Military

FAQ About WageWorks

Give your employees the best possible benefits at the best possible cost.
WageWorks was founded in 2000.
WageWorks is headquartered in San Mateo, United States.
WageWorks operates in Finance, Financial Services and Human Resources. Its work centres on Consumer-Directed Benefits, Health Savings Accounts, Flexible Spending Accounts and Commuter Benefits.
WageWorks has approximately 636 employees.
WageWorks has completed 2 funding rounds, raising a total of $40.00M. The latest funding stage is Venture round.
Top alternatives and competitors to WageWorks include Flores & Associates, LLC, Employees Retirement System of Texas. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
WageWorks and Flores & Associates, LLC 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 WageWorks, https://bouncewatch.com/company/wageworks, updated 8 January 2025. When citing, please name BounceWatch and link this page.

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