Cherry Ventures, DN Capital and Seedcamp joined the spherical for Ben, an agnostic platform that lets staff to select from a big selection of office advantages choices and discover what fits them.
The agency says that its expertise cuts out cumbersome admin for HR managers integrating accounting, HR, and payroll techniques to streamline all onboarding, enrolment, administration and offboarding processes.
The per-employee Ben Mastercard and versatile allowance perform lets firms set budgets and spending guidelines to place decision-making within the arms of the worker to decide on what fits them.
Ben has seen 10x year-on-year progress and is now working with greater than 150 firms globally, from mid-sized, absolutely distributed firms to massive enterprises, together with Funding Circle, Pleo and BitPanda.
Sebastian Fallert, CEO, Ben, says: “That is the primary time in historical past that 4 generations coexist within the workforce on the identical time. Child Boomers, Technology X, Millennials, and Technology Z take part in a posh international economic system, and their profit necessities fluctuate and fluctuate.
“Corporations, lots of whom are spending round 33% of payroll on advantages, are reassessing their conventional advantages packages to suit extra culturally and ethnically various groups distributed around the globe.”,Worker advantages platform Ben has raised $16 million in a Collection A funding spherical led by Atomico.,