BeneStream Receives $1.5M Low Interest Loan from the Ford Foundation

benestreamBeneStream, a New York-based health tech startup, received a $1.5m program-related investment in the form of a low-interest loan from the Ford Foundation.

The company, which has raised over $3 million to date, intends to use the funds to expand its geographic and operational reach among Medicaid expansion states, and to identify and enroll 2 million Medicaid eligible employees.

Led by Ben Geyerhahn, CEO and Founder, BeneStream provides businesses with the means to comply with the Employer Mandate portion of the Affordable Care Act (ACA) and expands opportunity for low-income Americans via a combination of screening and monitoring software and a multilingual call center.

FinSMEs

25/11/2014

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