Benepass, a benefits capital management platform founded in 2019, has raised $40 million in Series B funding led by Centana Growth Partners. Future of Work Partners, Portage Ventures and Threshold Ventures also participated. The company helps employers manage benefits spending whilst simplifying access for employees. Built on a financial ledger system, Benepass handles pre- and post-tax benefits across multiple currencies, automating fund distribution and integrating with payroll and HR software. Benepass now serves over 250 employers globally, managing more than $900 million in benefits funding and processing 4.5 million transactions. The company's revenue has more than doubled since early 2025. The funding will support expansion into enterprise customers and development of specialised health and financial benefits, including Health Savings Accounts.

The alleywatch startup daily funding report: 12/8/2025. The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 12/8/2025 featuring funding details for Cotto, Ply, and much more. This page will be updated throughout the day to reflect any new fundings. Benepass - $40M. Benepass, an all-in-one flexible benefits platform, has raised $40M in funding according to a recent SEC filing. The filing indicates that the round comes from five investors. Founded by Jaclyn Chen, Kabir Soorya, and Mark Fischer in 2019, Benepass has now raised a total of $74.7M in reported equity funding. Phia - $30M. Phia, an AI-powered agentic shopping platform, has raised $30M in Venture funding led by Notable Capital, Kleiner Perkins, and Khosla Ventures. Founded by Sophia Kianni and Phoebe Gates in 2022, Phia has now raised a total of $40.1M in reported equity funding. Opentrons - $20.1M. Opentrons, a robotic automation company for the life sciences industry, has raised $20.1M in funding according to a recent SEC filing. The filing indicates that the total offering is for $56.6M and there were two investors in this close. Founded by Eva Boratto, Nicholas Wagner, and Will Canine in 2014, Opentrons has now raised a total of $260.2M in reported equity funding. AlleyWatch is NYC's leading source of tech and startup news, reaching the city's most active founders, investors, and tech leaders. Advertise today Percapita - $15M. Percapita, a digital banking and money management platform for non traditional earners, has raised $15M in funding according to a recent SEC filing. The filing indicates that the total offering is for $24.5M and there were thirteen investors in this close. Founded by Alex Ehrlich in 2020, Percapita has now raised a total of $44.7M in reported equity funding. Marketing Evolution - $13.9M. Marketing Evolution, a marketing measurement and optimization platform, has raised $13.9M in funding according to a recent SEC filing. The filing indicates that the round comes from six investors. Founded by Rex Briggs in 2000, Marketing Evolution has now raised a total of $76.6M in reported equity funding. You are seconds away from signing up for the hottest list in NYC tech! Ply - $8.5M. Ply, an inventory and procurement platform built for the building trades, has raised $8.5M in Venture funding led by Ferguson Ventures. Founded by Dave Wigder and Darion Miller in 2022, Ply has now raised a total of $14.2M in reported equity funding. Antioch - $4.25M. Antioch, a platform for testing and validating autonomous robotics systems, has raised $4.25M in Pre-Seed funding led by A*. Antioch was founded by Harry Mellsop, Alex Langshur, Colton Swingle, and Collin Schlager in 2025. Medicovestor - $3.2M. Medicovestor, a biotech company focused on antibodies to develop precision medicine, has raised $3.2M in funding according to a recent SEC filing. The filing indicates that the total offering is for $4.1M and there were sixty investors in this close. Medicovestor was founded by Seah Lim in 2021. AlleyWatch is NYC's leading source of tech and startup news, reaching the city's most active founders, investors, and tech leaders. Advertise today MONSE - $1.75M. MONSE, a women's fashion brand, has raised $1.75M in funding according to a recent SEC filing. The filing indicates that the total offering is for $3M and there were six investors in this close. MONSE was founded by Fernando Garcia and Laura Kim in 2015. Cotto - $250K. Cotto, a cottage cheese dip brand, has raised $250K in funding according to a recent SEC filing. The filing indicates that the total offering is for $500K and there were four investors in this close. Cotto was founded by Kendall Kransdorf in 2025.