# BenePass

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/benepass

- Industry: Software
- Headquarters: New York, US
- Website: www.getbenepass.com
- Total disclosed funding: $54M
- Latest round: Series B (Nov 21, 2025)
- Investors on record: 14

## About

Founded in 2019 by Jaclyn Chen, Kabir Soorya, and Mark Fischer, and based in New York, US, BenePass, Inc. operates as an electronic wallet platform that enables businesses to reduce the amount of payroll taxes and offers employees tax-advantaged benefits packages. In November 2025, BenePass, Inc. raised USD 40 million in series B funding led by  Centana Growth Partners, with participation from FoW Partners, Portage Ventures, and Threshold Ventures. The firm, as of July 2024, supports over 100,000 employees from companies like Wix, Mural, Bright Health Care, Anthropic, etc., and is led by its CEO,  Jaclyn Chen.

Benepass is a benefits platform designed to enhance employee well-being by offering flexible, personalized benefits solutions. The company’s offerings include Health Savings Accounts (HSAs), Flexible Spending Accounts (FSAs), commuter benefits, and Lifestyle Spending Accounts that cover physical, mental, and financial health, among other areas, which cater to diverse employee needs.  

The company plans to use the November 2025 funding to expand its team, enhance product offerings, and accelerate growth in the employee benefits platform market.

## Funding rounds

- Series B, Nov 21, 2025, $40M — Centana Growth Partners, Portage Ventures, Threshold Ventures, FOW Partners
- Series A, Jul 23, 2021, $12M — Global Founders Capital, Alumni Ventures Group, Gradient Ventures, Threshold Ventures, Operator Partners, MVP Ventures
- Seed, May 26, 2020, $2.4M — Y Combinator, Global Founders Capital, Amino Capital, Soma Capital Management, Gradient Ventures, Elysium Venture Capital, Altair Investments

## Investors

- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed
- Global Founders Capital (https://capitalatlas.ai/funds/global-founders-capital) — Seed, Series A
- Amino Capital (https://capitalatlas.ai/funds/amino-capital) — Seed
- Soma Capital Management (https://capitalatlas.ai/funds/soma-capital-management) — Seed
- Gradient Ventures (https://capitalatlas.ai/funds/gradient-ventures) — Seed, Series A
- Elysium Venture Capital (https://capitalatlas.ai/funds/elysium-venture-capital) — Seed
- Altair Investments (https://capitalatlas.ai/funds/altair-investments) — Seed
- Alumni Ventures Group (https://capitalatlas.ai/funds/alumni-ventures-group) — Series A
- Threshold Ventures (https://capitalatlas.ai/funds/threshold-ventures) — Series A, Series B
- Operator Partners — Series A
- MVP Ventures (https://capitalatlas.ai/funds/mvp-ventures) — Series A
- Centana Growth Partners (https://capitalatlas.ai/funds/centana-growth-partners) — Series B
- Portage Ventures (https://capitalatlas.ai/funds/portage-ventures) — Series B
- FOW Partners (https://capitalatlas.ai/funds/fow-partners) — Series B