Bind Benefits Revenue, Growth & Competitor Profile

Company Profile & Annual Report for Bind Benefits

Access the complete profile.

Bind Benefits Fast Facts

Revenue	$100 - $500 million    See Exact Annual Revenue
Employees	N/AExact Company Size
Primary Industry	5242 Insurance Agencies & Brokerages
Address	9900 Bren Road East Mn008-r120 Minnetonka, MN 55343

Note: Revenues for privately held companies are statistical evaluations.


Bind Benefits's Annual Report & Profile shows critical firmographic facts:

• What is the company's size? (Annual sales and employees)
  • Bind Benefits's annual revenues are $100 - $500 million (see exact revenue data)
• What industry is the company in?
  • Bind Benefits is classified as operating in the Insurance Agencies & Brokerages industry, NAICS Code 5242.

Bind Benefits Annual Revenue and Growth Rate

Bind Benefits	Revenue Est. ($ Million)	Growth Rate (%)	# Employees
2023	$100 - $500 million Details in Premium Report
2022
2021
2020
2019

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

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

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

Bind Benefits P&L	$ Millions
Revenue (Sales)
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

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

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	Headquarters	Revenue ($ MM)
SAGEWELL HEALTHCARE BENEFITS TRUST	Pittsburgh, PA	100
GOVERNMENT EMPLOYEES HEALTH ASSOCIATION	Lees Summit, MO	85
CIGNA GROUP	Bloomfield, CT	40
AMI BENEFIT PLAN ADMINISTRATORS	Youngstown, OH	18
SPECIAL AGENTS MUTUAL BENEFIT ASSOCIATION	Rockville, MD	16
PROGRESSIVE CASUALTY INSURANCE	Mayfield Village, OH	12
LOS ANGELES CITY EMPLOYEES ASSN.	Los Angeles, CA	10
AON CONSULTING	Lincolnshire, IL	9
LIBERTY MUTUAL INSURANCE	Boston, MA	8

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	Headquarters	Revenue ($ MM)
OPTUM SERVICES PUERTO RICO	Minnetonka, MN	100
LONG TERM CARE GROUP	Eden Prairie, MN	39
HEALTHCARE ASSOCIATES OF IRVING PLLC	Minnetonka, MN	14
INSURANCE RESOURCES INTERNATIONAL DBA CHRISTENSEN GROUP	Eden Prairie, MN	7
BIND BENEFITS	Minnetonka, MN	6
DRIASI	Chanhassen, MN	2

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.

Company	Revenue ($ MM)