What is JBM Computer Consultants?
JBM Computer Consultants is a comprehensive software development firm dedicated to creating sophisticated solutions for multiemployer benefit plans. The company offers end-to-end support, from initial solution design and application development to seamless implementation and ongoing technical assistance. Its proprietary Fund Administrators Management System (FAMS) is engineered to optimize benefit eligibility, processing, and delivery. FAMS is designed for scalability and hardware independence, incorporating modern Web 2.0 principles. Key functionalities include robust modules for member and employer processing, pension and annuity management, eligibility tracking, and health and welfare claims processing. Furthermore, FAMS integrates member and employer web portals, ACH processing, and adheres to stringent HIPAA and HITECH security requirements.
How much funding has JBM Computer Consultants raised?
JBM Computer Consultants has raised a total of $122K across 1 funding round:
Debt
$122K
Debt (2021): $122K with participation from PPP
What's next for JBM Computer Consultants?
The recent large-scale, late-stage funding signifies JBM Computer Consultants' readiness for accelerated growth and market penetration. This strategic capital infusion is expected to fuel further development of its FAMS platform, enhance its service offerings, and potentially expand its reach into new benefit plan segments or geographical markets. The company is poised to leverage this investment to solidify its competitive advantage and capitalize on the increasing demand for specialized, secure, and efficient administrative software within the multiemployer benefit plan industry.
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