NationsBenefits Raises More Than $170M in Growth Capital

NationsBenefits, a Fort Lauderdale, Fla.-based provider working in the supplemental benefits market, raised more than $170m in growth financing.

The Pritzker Organization (“TPO”) and Denali Growth Partners (“DGP”) led the minority equity investment, with support from Monroe Capital.

The funding will be used to enhance the company’s existing service offerings and expand its capabilities.

Founded in 2015 and led by Glenn M. Parker, M.D., Founder and CEO Michael Parker, COO, NationsBenefit is a supplemental benefits company that partners with managed care organizations to provide innovative healthcare solutions by leveraging a compliance-focused infrastructure, technology, care continuum and service delivery model.

Currently, the company serves more than 20 million members across the U.S.

FinSMEs

27/08/2021