The round was led by Balderton with support from previous investors, Speedinvest, Target Global, Encomenda and Lanai.
Cobee was founded in 2019 by Borja Aranguren, Daniel Olea and Nacho Travesí with the mission to improve employee wellbeing. The flexible and innovative employee benefit management platform brings a wide range of benefits for staff from gyms, to insurance products, perks, and vouchers into one app instead of spread across intranet pages and HR documents. Staff can then redeem these benefits through a Cobee card, allowing them to track the monetary benefit they receive, as well as improving engagement rates and employee satisfaction.