Lunchr Raises $34M in Funding

lunchrLunchr, a Paris and Montpellier, France-based corporate meal benefits company, raised $34m in venture capital funding.

The round was led by Index Ventures with participation from Daphni, Idinvest, and Kima Ventures.

The company intends to use the funds to continue to expand operations and its business reach.

Founded in 2016 by Loïc Soubeyrand, Lunchr provides a MasterCard-backed card for employees to make their lunch payments in 200k restaurants and supermarkets in France, as opposed to the old way of using vouchers.

The card comes with a mobile app which keeps track of usage and purchases.

The company currently has a 60 people strong team.

FinSMEs

07/02/2019

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