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Working at BeneFix

Zippia score 4.0

Overview

Revenue

Reviews

CEO & Executives

BeneFix overview

Industry
Internet Software & Services
Revenue
$2.4M
Headquarters
Employees
39
Founded in
Website
Organization type
Private
CEO
Matthew Ranauro
Social media
In a part of the country where it's more common to see an Amish buggy than an electric car, BeneFix, an insurTech start-up, is working to change how health insurance brokers manage small group benefits with their simple, speedy, and secure technology. BeneFix offers health insurance brokers a digital platform that delivers 100% accurate quotes 100 times faster. Based in Lancaster, Pa., BeneFix manages data from thousands of plans offered by major carriers in Pennsylvania and New Jersey, offering quotes in minutes from a simple-to-use online interface reminiscent of Zillow. Less than two years after founder Matt Ranauro first had the idea for the platform, the business had a brick-and-mortar office in Lancaster City, over 1,000 customers, and, most recently, became one of nine central Pennsylvania finalists competing for a $100,000 investment from AOL co-founder Steve Case's “Rise of the Rest” initiative. The success is due, Ranauro believes, to three factors. First, his own passion for the product. Ranauro has co-founded several tech companies, most notably ILL Co., a company that has built apps for HBO and Nickelodeon, analytics platforms for KPMG and products for the Mayo Clinic. With each company, Ranauro needed to find health insurance for himself and his co-founders and employees. “It took about two months just to find out what was available, then get enrolled in those products.” He said. “Which seems crazy, right? In 2017?” The question became: how do we streamline this and make it a better experience for everyone? Ranauro's previous experience is the second factor that contributes to the success and growth of BeneFix. The final is the Insurtech industry itself. With insurance, and health insurance particularly, still lagging behind other industries in terms of using and creating technologies that work, the Insurtech industry, a $4.5 trillion industry, has attracted the attention of venture capitalists and tech entrepreneurs alike. Lancaster (Ranauro's hometown) may be Amish country, full of farms, buggies and country roads, but BeneFix is out to prove that it's also fertile soil for creating a company that will revolutionize the health insurance industries' outdated model.
BeneFix is a small internet company based in Pennsylvania with only 39 employees and an annual revenue of $2.4M.

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5.0/5

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The team at BeneFix

  • The founders of BeneFix is Matthew Ranauro.
  • The key people at BeneFix is Matthew Ranauro.
Key people
Matthew Ranauro

BeneFix rankings

BeneFix is ranked #29 on the Best Internet companies to work for in Pennsylvania list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

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BeneFix financial performance

8.2
Performance score

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    Updated March 14, 2024

    Zippia gives an in-depth look into the details of BeneFix, including salaries, political affiliations, employee data, and more, in order to inform job seekers about BeneFix. The employee data is based on information from people who have self-reported their past or current employments at BeneFix. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by BeneFix. The data presented on this page does not represent the view of BeneFix and its employees or that of Zippia.

    BeneFix may also be known as or be related to BeneFix, BeneFix, Inc. and Benefix, LLC.