Corestream Secures Strategic Investment
Corestream Raises Growth Capital
Corestream, based in Tampa, Florida, is a voluntary benefits and employee savings technology platform. The company announced a strategic growth investment from Lightyear Capital, with continued participation from existing investor LLR Partners. The financial terms of the deal were not disclosed.
This investment was led by Lightyear Capital, a private equity firm focused on financial services and technology companies. Existing investor LLR Partners also participated in the round.
Corestream plans to use the capital to fuel continued innovation in its product suite, enhance its technology infrastructure, and expand partner connectivity. The funding aims to support the company's goal of scaling its voluntary benefits experience for employers, employees, brokers, and carriers.
Founded in 2006, Corestream is led by Co-Founder and CEO Neil Vaswani. The company provides a SaaS platform that automates the lifecycle of voluntary benefits, including selection, enrollment, billing, and reconciliation, by integrating directly with payroll and HRIS systems.
Funding Details
Company Website: https://corestream.com
Company: Corestream
Round: Growth Capital
Funding Date: July 7, 2026
Lead Investor: Lightyear Capital
Additional Investors: LLR Partners
Company Website: www.corestream.com
Software Category: HR Tech and Benefits Administration