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Company Profiles: Revenue, Growth, Competition

BIND BENEFITS Revenue, Growth & Competitor Profile

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Company Awards

VC / Private Equity
Venture Capital / Private Equity
Fast Growing
Fastest Growing
Big Fish
Big Fish

Company Profile & Annual Report for Bind Benefits

Access the complete profile.

Bind Benefits Fast Facts

Revenue$100 - $500 million    See Exact Annual Revenue
EmployeesN/AExact Company Size
Primary Industry524 Insurance
Address9900 Bren Road East
Mn008-r120
Minnetonka, MN 55343

Note: Revenues for privately held companies are statistical evaluations.


Bind Benefits's annual revenues are $100-$500 million (see exact revenue data). It is classified as operating in the Insurance industry.


Bind Benefits's Annual Report & Profile shows critical firmographic facts:
  • What is the company's size? (Annual sales and employees)
  • What industry is the company in?

Bind Benefits Annual Revenue and Growth Rate

Bind Benefits Revenue Est.
($ Million)
Growth Rate (%)# Employees
2023 Details in Premium Report
2022
2021
2020
2019


1-Year Growth Rate:
3-Year Growth Rate (CAGR):
Premium Report

Note: Bind Benefits's revenues are gauged from an analysis of company filings.



Investor Activity

Bind Benefits has actively raised capital from investors. These investors may include private investors, venture capital firms, or other investment vehicles.

Date Investors Percent Raised Target Size
June 29, 2018 3 100%$70 MM
Complete list of funding rounds and total amounts in the Company Report




Bind Benefits's Income Statement (based on Industry Averages)

$ Millions
(Industry Average)
Bind Benefits Revenue (Sales) Bind Benefits Premium Report
Cost of Goods Sold
Gross Profit

Operating Expenses
Advertising
Salaries and wages
Other Operating Expenses
Total Operating Expenses
Operating Income
EBITDA
EBIT (Earnings Before Interest and Taxes)
Net Profit
 


Recession Risk

Determine whether Bind Benefits grew or shrank during the last recession. This is useful in estimating the financial strength and credit risk of the company. Compare how recession-proof Bind Benefits is relative to the industry overall. While a new recession may strike a particular industry, measuring the industry and company's robustness during the last recession estimates its ability to weather future recessions.



U.S. Industry Overview & Market Statistics:
Insurance

Publisher: AnythingResearch

  • Market Size
  • Growth Rate
  • 5-Year Market Forecast
  • Average Company Size & Growth
  • Salary & Compensation Benchmarks



Market Share of Bind Benefits's Largest Competitors

A competitive analysis shows these companies are in the same general field as Bind Benefits, even though they may not compete head-to-head. These are the largest companies by revenue. However, they may not have the largest market share in this industry if they have diversified into other business lines. The "Competition" section of a business plan or investment memorandum would start by analyzing the information about these companies. Competitive advantage comes from offering better pricing or superior products/service.

Company HeadquartersRevenue ($ MM)
SAGEWELL HEALTHCARE BENEFITS TRUSTPittsburgh, PA100 
GOVERNMENT EMPLOYEES HEALTH ASSOCIATIONLees Summit, MO85 
CITY OF GARYGary, IN69 
CIGNA GROUPBloomfield, CT34 
ELEVANCE HEALTHIndianapolis, IN30 
SECURIAN LIFE INSURANCESaint Paul, MN23 
ATH HOLDINGIndianapolis, IN22 
HUMANALouisville, KY19 
AMI BENEFIT PLAN ADMINISTRATORSYoungstown, OH18 




Nearby Competitors

These companies are similar in business line and location to Bind Benefits. While some companies compete with neighboring businesses for customers, other companies may compete to attract skilled employees.

Company HeadquartersRevenue ($ MM)
MEDICA SERVICESMinnetonka, MN100 
OPTUM SERVICES PUERTO RICOMinnetonka, MN75 
MEDICA SERVICESMinneapolis, MN47 
LONG TERM CARE GROUPEden Prairie, MN29 
HEALTHCARE ASSOCIATES OF IRVING PLLCMinnetonka, MN10 
INFORMATION PROVIDERSHopkins, MN8 




Future Competition: Bind Benefits's Fastest Growing Competitors

These companies are in the same general field as Bind Benefits and are rapidly expanding. Companies may grow organically or through acquisition. In some cases apparently high growth rates may be caused by data that weren't available in previous years.

CompanyRevenue ($ MM)
Bind Benefits Competitors