Ben, a London, UK-based AI-native employee benefits platform designed for global enterprises, has secured $27.5 million (£20.8M) in Series B funding.
Investors
The round was led by Mercia Ventures, with participation from Atomico, Cherry Ventures, DN Capital, Seedcamp, and new backing from QuantumLight Capital.
Mercia Ventures is one of the UK’s most active venture capital investors, backing exceptional founders with the capital, experience, and network to scale category-leading technology businesses.
Ben Use of Funds
The company will use the funding to accelerate Ben’s product roadmap, expand go-to-market capabilities, and strengthen relationships with channel partners to scale its benefits platform globally.
About Ben
Founded in 2019 by Sebastian Fallert and David Duckworth, Ben is an AI-native intelligent benefits platform that helps global enterprises manage complex employee benefits. It consolidates benefits into a single platform connecting employers, employees, brokers, and providers. Its AI technology automates administrative tasks, provides real-time cost and utilization insights, and delivers personalized guidance to employees, reducing waste and improving engagement. Headquartered in London, United Kingdom, Ben serves companies across Europe and North America and supports employees in over 140 countries. Its enterprise customers include Mondelez, Trainline, Octopus Energy, Deliveroo, and Zalando.
Funding Details
Company: Thanks Ben Ltd. (Ben)
Raised: $27.5M
Round: Series B
Funding Date: December 2025
Lead Investor: Mercia Ventures
Additional Investors: Atomico, Cherry Ventures, DN Capital, Seedcamp, QuantumLight Capital
Company Website: https://www.thanksben.com/
Software Category: HR Tech / Employee Benefits Management / AI-powered Platform
Source: Pauline Rawsterne