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Companies

Beneration

Benefits invoice auditing for employers and brokers

Raised to date

$3.3M

of $3.3M offered across 1 Form D filing

Investors
2
Last filed
Apr 6, 2026

About

Beneration is a Philadelphia-based software company that automates employee benefits billing for employers, brokers, and insurance carriers. Its VerifiaBill platform audits carrier invoices line by line against enrollment data, consolidates multiple carrier bills into a single invoice, and produces reconciliation and cost-allocation reporting. The company cites its own data that 87% of monthly benefits invoices contain discrepancies, which the platform is built to surface and resolve. Beneration maintains SOC 2 Type II compliance for the employee and benefit data it handles.

Automated line-item auditing of benefits invoices against enrollment data, so billing errors are caught before payment rather than reconciled after the fact.

Funding

  • EquityFiled Apr 6, 2026Form D
    $3.3M/ $3.3M

Product

VerifiaBill

Benefits administration software

A proprietary platform that audits, consolidates, and reports on employee benefits invoices by matching carrier billing against employer enrollment data.

  • Line-item premium invoice auditing against enrollment data
  • Consolidation of multiple carrier invoices into one bill
  • Benefit cost allocation across departments and divisions

Built for

Employers with employee benefits programs, plus the benefits brokers and insurance carriers that serve them

People on file