Cloud8, a Bristol, UK-based company which has developed a digital employee benefits platform, raised £750k in funding.
Mercia made the investment.
The company intends to use the funds to further enhance its product.
Established by Ian Rummels, who had previously founded employee benefits business Premier Employment Solutions, and led by CEO Dipa Mistry Kandola, Cloud8 provides a platform, called BEAM at Work, that allows employee benefits consultancies and other advisers to deliver services online, and improve efficiency and client service. Launched two years ago, it is already being used by a wide range of consultancies and has recently signed a deal with a leading employee benefits provider.
FinSMEs
28/03/2022