NationsBenefits Announces Significant Investment Led by General Atlantic to Drive Continued Growth

NationsBenefits®, a leading provider  of supplemental benefits  and member  engagement solutions for health plans, today announced it has raised a significant growth investment led by General Atlantic, a leading  global growth equity  firm. Existing investors, which include The Pritzker Organization (“TPO”) and Denali Growth Partners (“DGP”), also participated in the round. The funding is intended to help extend  NationsBenefits’ leadership position in supplemental benefits  administration and further accelerate ongoing growth initiatives, including deepening the company’s robust  technology platform and service offerings that further enhance the member  experience and drive health outcomes.

Founded  in 2015 by Chief Executive  Officer Glenn M. Parker, M.D., NationsBenefits currently serves millions of members  across the United States by partnering with managed care organizations to provide customizable healthcare  solutions through  a diverse offering of supplemental benefits. The company’s  supplemental benefits, products, and services  include customiz able flex card solutions, OTC benefits, food-specific benefits, hearing benefits, and many additional wellness-related benefits. With innovative digital health technologies, NationsBenefits takes a comprehensive approach  to the end user experience to improve health outcomes.

“This investment  is another milestone  in the evolution of NationsBenefits, and we’re excited to add General Atlantic as a partner to achieve our ambitious  goals,” said Dr. Parker. “This capital plays a pivotal role in how we pursue the next level of our growth  and accelerate forward  as we seek to drive further value for health plans and premier  experiences for their members,” added  Michael Parker, Chief Operating Officer at NationsBenefits.

“Glenn and the NationsBenefits team have built a category-leading business that effectively serves a critical population, particularly as this demographic’s needs and expectations around  healthcare shift,” said Robbert Vorhoff, Managing  Director and Global Head of General Atlantic’s Healthcare sector, who will be joining the NationsBenefits board alongside General  Atlantic Vice President Armaan Pai. “NationsBenefits is focused  on providing  a comprehensive scope of services for members  on a national scale, underpinned by a superior member  engagement experience, a value proposition we view  as differentiated and resonant. General Atlantic is excited to support the NationsBenefits team as they aim to further accelerate  growth to continue improving its members’ experiences and health outcomes.”

Barclays acted as the exclusive financial advisor to NationsBenefits.

About NationsBenefits

NationsBenefits is a leading  member  engagement, benefits administration, and healthcare company that partners with managed  care organizations to provide  innovative healthcare  solutions aimed at driving growth, reducing costs, and delighting members. Through its comprehensive suite of innovative supplemental benefits, payments platform. and member  engagement solutions. NationsBenefits helps health plans deliver high quality benefits  to their members  that help address social determinants of health and improve  member health outcomes  and satisfaction. The Company’s compliance-focused infrastructure, proprietary technology systems. and premier service  delivery  model  allow NationsBenefits’ health plan partners to deliver  high quality, value­ based care to millions of members.  To learn more, visit

About General Atlantic

General Atlantic is a leading global  growth equity firm with more than four decades of experience providing capital and strategic  support  for over 445 growth  companies throughout its history. Established in 1980 to partner with visionary entrepreneurs and deliver lasting impact, the firm combines  a collaborative global approach, sector-specific expertise, a long-term  investment horizon, and a deep understanding of growth drivers to partner with great entrepreneurs and management teams to scale innovative businesses around the world.  General Atlantic currently has over $84 billion in assets under  management inclusive of all products  as of December 31, 2021 and more than 215 investment professionals based in New York, Amsterdam, Beijing, Hong Kong, Jakarta, London, Mexico City, Mumbai, Munich, Palo Alto, Sao Paulo, Shanghai, Singapore, Stamford and Tel Aviv. For more information on General Atlantic, please visit the website:

About  The Pritzker  Organization

The Pritzker Organization  (TPO) is the merchant bank for the business interests  of the Tom Pritzker family. TPO is focused on partnering  with exceptional leaders to create value across a wide range of industries. TPO looks for opportunities where it can create value for the family’s interests  and those of its partners and colleagues over a significant  time horizon.  For more than 60 years, TPO has overseen and guided  the development of dozens  of portfolio companies across a wide variety of industries, including manufacturing,  logistics, life sciences,  hospitality, healthcare  and services. Notable  businesses include Hyatt Hotels, Triton Container  and the Marmon Group. Recent control investments  include TMS International, Lithko Contracting, KBP Investments, Mammoth Holdings, STV Inc, and Crown Healthcare Laundry Services. In addition to its core strategy of building businesses over the long term, TPO is also active in special situations, advising the family’s interests in the deployment of capital across a wide spectrum  of industries and investment structures. Additional information can be found at

About Denali Growth  Partners

Denali Growth Partners is a Boston-based growth  equity firm. DGP seeks to partner with fast­ growing, capital-efficient businesses  serving the healthcare  ecosystem. DGP helps management teams and companies accelerate  growth through  capital and strategic resources.  Additional information  about Denali Growth Partners is available at

Media Contacts

Emily Japlon & Kate Huneke
General Atlantic [email protected]

Michael Furstenberg
NationsBenefits [email protected]