About benefitbay
benefitbay is a private company based in Kansas City, Missouri, incorporated in 2021 in Delaware. It has reported $32,645,720 raised in five offerings on Form D since May 2021. Its chief executive is Brandy Thompson.
Funding Rounds (SEC Form D)
| First sale | Filed with SEC | Amount sold | Investors | Avg. check | Terms | Filing |
|---|---|---|---|---|---|---|
| May 21, 2026 | May 28, 2026 | $17,500,000of $18.9M target | 4 | $4.3M | EquityRule 506(b) | Form D ↗ |
| Aug 29, 2025 | Sep 12, 2025amended Mar 25, 2026 | $9,670,000fully sold | 9 | $1.0M | Equity, Securities on exerciseRule 506(b) | Form D/A ↗1 earlier filing |
| Apr 1, 2024 | Apr 9, 2024amended Aug 9, 2024 | $2,992,393of $3.8M target | 18 | $166K | Equity, Securities on exerciseRule 506(b) | Form D/A ↗2 earlier filings |
| Feb 16, 2023 | Mar 10, 2023 | $1,258,327of $2.5M target | 2 | $629K | EquityRule 506(b) | Form D ↗ |
| Apr 14, 2021 | May 7, 2021 | $1,225,000of $3.0M target | 1 | $1.2M | EquityRule 506(b) | Form D ↗ |
| Total, five offerings | $32,645,720 | |||||
First sale is the date the first investor in the offering committed to invest. Companies must file Form D within 15 days of that date, so filing dates run later.
Leadership Team
Executive officers and directors listed on benefitbay's Form D filed May 28, 2026.
ML
Michael Lipin
Director
JM
DK
Daniel Kittredge
Director
Also a director at Financial Partners and an executive officer and director at Ten Coves Capital.
DL
David Lambert
Director
Earlier filings also listed Scott Shane (director, last listed Mar 2026), Brandy Burch (ceo and director, last listed Aug 2024), Kelley Halpin (director, last listed Mar 2023) and Zach Harris (executive officer and director, last listed May 2021).