Benepass, a New York–based global benefits capital management platform, has raised $40 million in Series B funding.
Investors
The round was led by Centana Growth Partners, with participation from FoW Partners and existing investors, Portage Ventures and Threshold Ventures.
Centana Growth Partners is a specialized growth equity firm that invests in the future of finance. The firm collaborates with companies across the entire financial services ecosystem, from institutions to fintech disruptors, to add strategic and long-term value to its portfolio companies. Centana empowers entrepreneurs with a combination of capital, network, and expertise to accelerate their growth.
Benepass Use of Funds
The funding will be used to expand Benepass’ pre-tax and post-tax benefit offerings, enhance healthcare cost management solutions, and support more specialized and cost-sensitive employer programs.
About Benepass
Founded in 2019, Benepass is a financial technology company that provides a global benefits capital management platform designed to modernize how employers deliver and manage pre-tax and post-tax benefits. Powered by a proprietary financial ledger, Benepass ensures precise and compliant distribution of benefit dollars across local currencies and programs. Benepass currently serves over 250 employers globally and has supported more than 4.5 million card transactions to date.
Funding Details
Company: Benepass, Inc.
Raised: $40.0M
Round: Series B
Funding Date: January 2026
Lead Investor: Centana Growth Partners
Additional Investors: FoW Partners, Portage Ventures, Threshold Ventures
Company Website: https://www.benepass.com/
Software Category: Employee Benefits Management / HR Technology
Source: https://getbenepass.com/blog/benepass-raises-40m-series-b-to-help-employers-redesign-benefits-for-rising-healthcare-costs