BeniPlus

BeniPlus is a Toronto, Ontario-based insurtech company that provides a digital employee benefits platform specifically designed for small and medium-sized enterprises across Canada. The organization utilizes a business-to-business pay-as-you-go model where employers set fixed financial budgets and pay a standard administration fee only on actual processed employee claims. Personnel manage their individual allocations through the proprietary BeniPlus Wallet application, which facilitates same-day approvals and next-day fund transfers for healthcare, wellness, and retirement expenses. Operating as a privately held entity with fewer than 25 employees, the firm has reportedly generated $7.6 million in revenue from its corporate client base. The enterprise has secured $810,000 in total funding through recent corporate minority investment rounds to scale its alternative group insurance software. BeniPlus was founded in 2017 by entrepreneurs Stephen DeKuyper, Scott Beckett, and Robert Kearns.