# benefitbay

> benefitbay raised $18M led by Ten Coves Capital to scale broker-first ICHRA administration — payments, carriers, and payroll integrations in focus.

## Why it is interesting

benefitbay raised $18M led by Ten Coves Capital to scale broker-first ICHRA administration — payments, carriers, and payroll integrations in focus.

## Profile

- **Stage:** series-a
- **Status:** private
- **Industries:** fintech, healthtech, enterprise-saas, consumer
- **Coverage:** full
- **Last updated:** 2026-05-21

## Key facts

- Disclosed financing: $18M (Series A)
- Covered in 1 Venture Capital Tracker article(s)

## Related articles

- https://venturecapitaltracker.com/2026-benefitbay-18m-series-a-ichra-benefits-platform

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Source: https://venturecapitaltracker.com/startup/benefitbay