BeneStream Raises $4.26 Million in Series A Financing
New Funding Will Fuel Growth Through Two Channels: Health Insurance Broker Network and Businesses That Administer the Work Opportunity Tax Credit
āOur Series A financing is led by health insurance professionals who understand the need for a product that reduces the overall cost of health insurance to businesses while increasing employee access to health benefits,ā said
BeneStreamās process moves eligible employees onto free government sponsored health insurance and is proven to deliver cost savings as a component of a healthcare package for qualified companies. The process utilizes the
"I am thrilled to join BeneStream's board as Chairman. Enrolling eligible workers in
Sachs will join existing board members
BeneStream provides a powerful government incentive to businesses, lowering burdensome healthcare costs and providing risk mitigation to spur new job creation. In addition to its existing sales channel, BeneStream has identified significant synergies between its
The lead investor in the Series A round is
A complete list of BeneStreamās board members can be found at http://benestream.com/about/.
ABOUT BENESTREAMāThe Medicaid Migration Companyā¢
BeneStream provides businesses with innovative, cost-saving products and services by connecting their qualified employees to government benefits. The company's exclusive product,Ā Medicaid Migrationā¢, delivers proven savings to employers by moving qualified employees onto free government-sponsored health insurance.
BeneStreamās founders launched the business with a grant from the
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