bswift Receives $51M Minority Investment from Great Hill Partners

bswift, a Chicago, IL-based provider of technology and services for employee benefits, received a $51m minority investment from Great Hill Partners.

The company intends to use the funds to further strengthen its service and technology offerings.

Led by Rich Gallun, CEO, bswift provides cloud-based software and services to streamline benefits, HR and payroll administration for employers and public and private exchanges nationwide
The platform delivers configurable technology for operating public and private health care exchanges and for handling traditional benefits administration. The portal features decision support tools, integration with carriers, wellness and payroll vendors, access via mobile devices, and tracking and reporting tools.

FinSMEs

03/04/2014

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