Alight

Alight

Cloud-based human capital management solutions

About Alight

Simplify's Rating
Why Alight is rated
C-
Rated C on Competitive Edge
Rated D+ on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Consulting

Company Size

10,001+

Company Stage

IPO

Headquarters

Lincolnshire, Illinois

Founded

2017

Overview

Alight Solutions specializes in human capital management by providing cloud-based digital solutions that simplify the administration of employee benefits, health, wealth, and wellbeing. Their main product, the Alight Worklife platform, uses artificial intelligence and big data analytics to give employers insights into how their workforce engages with benefits programs. This helps organizations make better HR decisions and ensures employees receive tailored support during important life events. Alight stands out from competitors by integrating various services like health, financial wellness, and payroll into one platform, enhancing the overall employee experience. The company's goal is to improve employee wellbeing, engagement, and productivity while maintaining a steady revenue stream through subscription services and consulting fees.

Simplify Jobs

Simplify's Take

What believers are saying

  • Growing demand for integrated HR solutions boosts Alight's market potential.
  • Remote work trends increase adoption of Alight's cloud-based HR platforms.
  • AI-driven analytics enhance Alight's personalized employee experience offerings.

What critics are saying

  • Alight's stock hit a 52-week low, indicating potential financial instability.
  • Leadership changes may lead to transitional challenges impacting operations.
  • Hodges-Mace acquisition presents integration risks and potential operational disruptions.

What makes Alight unique

  • Alight leverages AI and big data for personalized employee benefits management.
  • The Alight Worklife platform integrates health, financial wellness, and payroll solutions.
  • Alight's subscription-based model ensures steady revenue and continuous innovation investment.

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Funding

Total Funding

$6196.6M

Above

Industry Average

Funded Over

7 Rounds

Post IPO Secondary funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Secondary Funding Comparison
Coming Soon

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Paid Vacation

Paid Sick Leave

Parental Leave

Adoption Assistance

Professional Development Budget

Wellness Program

Company News

Alight
Apr 18th, 2025
Alight Solutions and Foley Trasimene Acquisition Corp. Announce Merger

Company to become publicly listed through combination, will operate as Alight, Inc. and plans to list under the symbol ALIT.

Aon
Apr 18th, 2025
Aon Completes Sale of Outsourcing Platform | Aon

Aon's decision to sell its Benefits Administration and HR Business Process Outsourcing (BPO) platform to private equity funds affiliated with Blackstone is a natural extension of the strategy the firm has pursued over the last decade.

U.S. Securities and Exchange Commission
Apr 18th, 2025
SEC FORM D

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.The reader should not assume that the information is accurate and complete.

Blackstone
Apr 18th, 2025
Blackstone completes acquisition of Aon Hewitt’s Technology-Enabled Benefits & Cloud-Based HR Service Platform - Blackstone

Press releases, portfolio company news, and timely updates on our business.

Alight
Apr 18th, 2025
Alight to acquire Hodges-Mace to enhance its health and voluntary benefit capabilities and expand suite of solutions for employers of all sizes

Alight Solutions, a leader in technology-enabled health, wealth and human capital management and financial solutions, today announced it has entered into a definitive agreement to acquire Hodges-Mace, a leading provider of employee benefits technology, voluntary benefits and custom enrollment services. The transaction is subject to customary closing conditions.

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