Concourse Benefits officially launching its reimagined Affinity Network Platform at the 2025 Web Summit in Vancouver.
-- Concourse Benefits is transforming how business organizations, like chambers of commerce and trade associations, can deliver more value to their members. Today, the company announced its investor proposal and valuation analysis, highlighting a funding round to accelerate platform development and rapid market expansion.
Concourse Benefits has pioneered an all-in-one, network-based benefits solutions platform that manages relationships among vendors, associations, employers, and employees. By harnessing the collective buying power of thousands of small and mid-sized businesses, Concourse Benefits secures exclusive deals with new non-dues revenue streams for associations, automating everything from vendor procurement to payment processing and revenue share disbursement. Early proof-of-concept with Functional Providers Network has validated the platform’s ability to lower member acquisition costs, increase member benefits and drive new business growth.
Key Highlights:
Funding Ask: Undisclosed Amount (convertible note or equity) to build core infrastructure and scale from pilot to 250+ associations by the end of 2026.
Market Opportunity: An untapped market of thousands of associations and millions of SMB employees with a high demand for non-dues revenue and member engagement.
Innovative Model: No-cost, no-hassle revenue-share for association partners, with a highly scalable network approach and data-driven engagement.
Technology Roadmap: Investment will fund a robust network management system, automated communications, reporting, analytics, broker/partner integration, and seamless payment distribution.
“Concourse Benefits is positioned to become the de facto affinity benefits network for business organizations, delivering immediate and lasting value to all stakeholders,” said Marcie O’Dwyer, Co-Founder. “Our model empowers even the smallest businesses to access Fortune 500-level benefits, while associations gain new revenue streams with zero administrative burden.”
With early traction and a first-mover advantage, Concourse Benefits is poised to capture network effects and become a dominant, defensible platform in the business benefits ecosystem.
Media Contact: Boyd Stough, Co-Founder, (210) 722-1120
mailto:b.stough@concoursebenefits.com
About Concourse Benefits
Concourse Benefits is a reimagined affinity network platform that transforms how business organizations deliver value to their members. By centrally managing relationships between vendors, associations, employers, and their employees, the platform unlocks the collective buying power of these networks to secure better deals and generate non-dues revenue. Concourse Benefits seamlessly automates the entire process from vendor procurement and marketing to payment processing and revenue sharing, eliminating manual effort for chambers and associations. Co-Founders include Boyd Stough, Colin Schmidt, Marcy O'Dwyer, Susan Ellender, and Marc Palud. https://concoursebenefits.com/
Concourse Benefits LLC - Simplifying Benefits. Strengthening Networks.
About Web Summit
Web Summit is a technology events company, bringing together a global community of founders, entrepreneurs, business leaders, and investors to connect and exchange ideas about the technology and trends shaping the world. Web Summit events, including Web Summit in Lisbon, Web Summit Rio in South America, Web Summit Vancouver in North America, Web Summit Qatar in the Middle East, and RISE in Asia, have gathered nearly one million people since Web Summitʼs beginnings as a 150-person conference in Dublin in 2009. Its newest event, Web Summit Vancouver, is taking place May 28th-30th, 2025, at the Vancouver Convention Centre, where thousands of international entrepreneurs, investors, media outlets, and leaders will attend.
Contact Info:
Name: Marc Palud
Email: Send Email
Organization: Concourse Benefits LLC
Address: 801 St Andrews Blvd, Charleston, SC 29407, United States
Website: https://ConcourseBenefits.com/
Source: PressCable
Release ID: 89160851
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