United States · 
Who invested in Benefitbay?
Benefitbay's investors include Right Side Capital Management, Liquid 2 Ventures and Invest Nebraska.
2026
$5.0MVenture$18MSeries A
United States · Series A startup
Who invested in Benefitbay
Funding summaryUpdated 26 Oct 2026
$23Mraised across 2 rounds since 2025, from 2 sources
$5.0MVenture$18MSeries A
- Latest round
- Series A, $18MMay 2026
- Step-upi
- 3.6×
- Investors
- 3
The funding story
Each circle is a round, placed by date and sized by amount. The line above is the running total.
- First round
- Venture, $5.0M Aug 2025
- Biggest round
- $18M Series A · May 2026
- Between rounds
- 9 months from the last two
The rounds
- May 2026Series A$18M3 returning
Source recordedSEC filing: $18M sold, first sale Mar 2026
- Aug 2025Venture$5.0M3 new
Source recordedSEC filing: $7.0M sold, first sale Aug 2025
Founders and team
From Benefitbay's own website: 1 founder, 13 on the team.
- Kevin MullinsPresident and CFO
- Ben CristCOO
- Aditi ErdmanVP of Finance
- Bill DudleyVP of Information Technology
- Hunter FosterVP of Agency Ops & Strategy
- Kevin NicholsVP of Partner Success
- Lindsey UnterbergerVP of Marketing
- Pavel PachkovskyVP of Software Engineering
- Addison GilliamDirector of Assurance Services
- Dan DuncanDirector of Product
- James WileyDirector of Agency Strategy & Compliance
- Jessica DeinesDirector of Employee Success
- Ryan ArgotsingerDirector of Sales
Who was in which round
The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.
Everyone who backed them
Missing a round, or an investor who was in one? Tell us.
Also claim to have backed them
These 3 firms list Benefitbay as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.
Quick answers about Benefitbay
How much has Benefitbay raised?
Benefitbay has raised $23M across 2 rounds since 2025.
When did Benefitbay last raise?
Benefitbay's most recent round was a Series A of $18M in May 2026.
What was Benefitbay's biggest round?
Its most recent round, $18M in May 2026, is also its largest on record.
Who backed Benefitbay first?
Benefitbay's first round on record, in Aug 2025, was backed by Right Side Capital Management, Liquid 2 Ventures and Invest Nebraska.
What stage is Benefitbay at?
Benefitbay's latest named round is a Series A, in May 2026.
Where is Benefitbay based?
Benefitbay is based in the United States.
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In the same sector, and raised in the last eighteen months.
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