Spain’s Cobee Raises $41M For An Employee Benefits SuperApp

Spain’s Cobee Raises $41M For An Employee Benefits SuperApp

Africa Business Radio
00:02:01
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About this episode

Cobee, a platform, and app to make organizing and accessing these a little easier by way of an app, a payment card (physical or virtual), and an integration with payroll, has announced some funding on the heels of seeing strong interest in its services, with revenues growing 3x this year.
The company has raised €40 million in a Series B round of funding co-led by Octopus Ventures and Notion Capital, with participation from previous backers Balderton Capital, Speedinvest, and Dila Capital.
It will use the funds to expand to other Spanish- and Portuguese-speaking markets in Latin America, starting with Mexico, as well as to other countries in Southern Europe.