Summary

Novo Benefits LLC

Founded in 3007

Description

The Novo Benefits story began in 2007 when Michael E. Poelman formed Cobecon (Corporate Benefits Consortium). Having been in the industry for many years and frustrated by the limited solutions available to employers under 5,000 lives, Poelman assembled a team focused on bringing Fortune 500 benefits to smaller groups. Their fierce dedication to transparency, independence, and integrity has transformed self-funded offerings.

Strengths

  • Novo Benefits LLC has a strong market share in their industry
  • Revenue generated per employee is greater than industry average
  • Demonstrating revenue growth that is faster than the industry average
  • The number of employees is growing faster than the industry average
  • Revenue growth is more steady than the industry average
  • Since Novo Benefits LLC was founded, the company has grown faster than the industry average

Annual Revenue

Novo Benefits LLC's annual revenue

$3738000

Based on Kona Equity data

  • Revenue per employee

    $287538

  • Variance of revenue growth

    0.02

  • Annual revenue growth since founding

    $219882

  • Revenue growth rate from first known quarter to current

    64.4%

Employee Count

13 employees

  • Employee growth rate from first known quarter to current

    27.8%

Executives

Michael Poelman

President

m**@novobenefits.com

Spencer Thomas

Account Executive

s**@novobenefits.com

Michelle Conrad

Vice President, Client Services

m**@novobenefits.com

Katherine Schmidt

Marketing Associate

k**@novobenefits.com

Melissa Saturnino

Chief Operating Officer

m**@novobenefits.com

Rob Henderson

Partner

r**@novobenefits.com

Stephen Simmons

Chief Financial Officer

s**@novobenefits.com

Dianna Madvig

Consultant

d**@novobenefits.com

Ryan Thiess

Partner

r**@novobenefits.com

Spencer Brydon

Regional VP, Sales

s**@novobenefits.com

Gregory Anderson

Account Manager

g**@novobenefits.com

Sherry Reandeau

Account Coordinator

s**@novobenefits.com

Jan Mock

Director, Compliance

j**@novobenefits.com

Matthew Kessel

Director, Underwriting

m**@novobenefits.com

Kellie Grady

Consultant and Broker

k**@novobenefits.com

G Score - 6

The G Score is an eight-point scale where firms are given a score of 1 for each of the criteria that they pass. The G score compares a company against the industry median to find those that are healthy and growing.

  • G1 Revenue is greater than the industry median.
  • G2 Income per employee more than industry average.
  • G3 Revenue growth rate from the first known quarter to current is higher than the industry average.
  • G4 Employee growth rate from the first known quarter to current is higher than the industry average.
  • G5 Variance of revenue growth is less than the industry average
  • G6 Annual revenue growth since founding is higher than the industry average.

Location

11755 East Peakview Ave., Ste. 250 
Englewood, CO  80111

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Key Information

Disclaimer: These numbers are estimates and any other company information is based off our proprietary algorithms and by no means should be accepted as 100% factual. Kona Equity is in no way affiliated with Novo Benefits LLC.

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Frequently Asked Questions

Where is Novo Benefits LLC located?

Novo Benefits LLC's headquarters are located at 11755 East Peakview Ave., Ste. 250  Englewood, CO  80111.


What is Novo Benefits LLC's official website?

Novo Benefits LLC's official website is novobenefits.com


What is Novo Benefits LLC's revenue?

Novo Benefits LLC's annual revenue is $3.7 M.


How many employees does Novo Benefits LLC's have?

Novo Benefits LLC has 13 employees


What industry does Novo Benefits LLC belong to?

Novo Benefits LLC is in the industry of Insurance.

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