SEB Closes Over $150 Million of Multi-Year Contracts

Funding Rounds

▤ Summary

SEB currently administers employee benefits for over 50 of Canada’s corporate elite, representing over 330,000 plan members and over $1 Billion of premium.SEB’s Benefit Exchange Platform supports more than 15 unique revenue models, is cloud enabled, is provided on a SaaS basis, and incorporates real time analytics, fraud detection and reporting capability.SEB has maintained a base of contracts exceeding $500 Million for the past two years with over 200 active clients across Canada, the U.S and the Middle East.The infrastructure of the Core Technology business is a significant competitive advantage in driving growth and profit margins in Benefit Processing.SEB is a Business Process Automation and Outsourcing Technology Company providing software, solutions and services to a national and global client base.

$ Funding

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Amount $150.0M Total raised
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Date April 12, 2018 Announcement date
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Investors Notified Lead investors
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Company http://www.seb-inc.com Funded company

▥ Classifications

industries
No industries detected
applications
Networking and Cloud

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▦ Linked Companies

INXPO
$5M to $10M