Employee Navigator, a Bethesda, Md.-based advantages administration & HR software program supplier, closed a $100m funding spherical.
Backers included present buyers JMI Fairness and Spectrum Fairness.
The minority funding was utilized in a subsequent $120m tender provide to offer liquidity to present shareholders, together with early-stage buyers of each Worker Navigator and Enrollease, Inc., which was acquired by Worker Navigator in 2023.
Led by Founder and CEO George Reese, Worker Navigator has developed from a web-based enrollment system to a complete suite of merchandise that simplifies advantages administration and HR administration. The corporate started licensing its advantages and HR merchandise to insurance coverage brokers in 2008 and has expanded its choices to combine with the nation’s main insurance coverage carriers, payroll corporations, and third-party directors (TPAs) to offer a unified advantages and HR answer. In the present day, Worker Navigator’s presence has grown to help over 180,000 U.S. employers, 13 million workers and over 5,000 insurance coverage brokers.
FinSMEs
04/08/2025
