Cloud8, a Bristol, UK-based company that has developed a digital employee benefits platform, raised £750,000 in funding made by Mercia.
The company intends to use the funds to further enhance its product.
Company: CLOUD 8 LIMITED
Funding Month: March 2022
Lead Investors: Mercia
Company Website: https://teamcloud8.co.uk/
Software Category: Employee Benefits Platform
About the Company: Led by CEO Dipa Mistry Kandola, Cloud8 developer of a cloud-based employee benefits platform built for advisers looking to digitize their proposition and grow their business. The company's SaaS platform enables employee benefit consultancy businesses, financial risk management advisers, and insurers of all sizes to deliver a technology-led solution, improving engagement and bringing efficiencies to its clients. 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.