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Nexben Inc.

Health benefits administration and broker support for employers, consultants and insurance brokers.

Updated Nov 10, 2026·Latest SEC filing May 4, 2026·Suggest an edit

About Nexben

Nexben is a private company based in Minneapolis, Minnesota. It has reported $33,571,292 raised in four offerings on Form D since September 2019. Its chief executive is Mark Smith.

Funding Rounds (SEC Form D)

First saleFiled with SECAmount soldInvestorsAvg. checkTermsFiling
Jul 9, 2024Jul 16, 2024amended Jul 16, 2025$1,550,000of $2.0M target5$310KDebt, Securities on exerciseRule 506(b)Form D/A ↗1 earlier filing
Apr 28, 2022Sep 22, 2022amended May 4, 2026$24,084,114of $28.1M target26$926KEquity, Options, Securities on exerciseRule 506(b)Form D/A ↗5 earlier filings
May 14, 2020Jun 24, 2020$5,059,678of $7.0M target18$281KEquityRule 506(b)Form D ↗
Aug 28, 2015Sep 5, 2019$2,877,500of $3.3M target20$143KDebtRule 506(b)Form D ↗
Total, four offerings$33,571,292

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 Nexben's Form D filed Jul 16, 2025.

JR
Jamison Rice
Director
MS
Mark Smith
Chief Executive Officer
TS
MM
MD
Matt Darragh
Chief Financial Officer
MP
Mark Pontilana
Executive officer

Earlier filings also listed Mark Pontliana (executive officer, last listed Jul 2025), John Kelly (director, last listed Jul 2025), Kevin Terrell (executive officer, last listed Jun 2020) and James Sparks (executive officer, last listed Jun 2020).

Sources

  1. SECNexben Inc. Form D/A, filed May 16, 2025
  2. SECNexben Inc. Form D, filed Jul 16, 2024
  3. SECNexben Inc. Form D/A, filed May 14, 2024
  4. SECNexben Inc. Form D/A, filed May 2, 2024
  5. SECNexben Inc. Form D/A, filed May 8, 2023
  6. SECNexben Inc. Form D, filed Sep 22, 2022
  7. SECNexben Inc. filing history
  8. CompanyNexben privacy policy
  9. PressNexben leadership announcement
  10. InvestorChicago Pacific Founders investment announcement