Happl, a London, UK-based global employee benefits operating system for multinational employers, has raised $11 million (£8.1 million) in Series A funding.
Investors
The oversubscribed round was led by Portage Ventures, with participation from F Capital and existing investors Y Combinator, 6 Degrees Capital, Haatch, and Ventures Together.
Portage Ventures is a global fintech-focused venture capital platform that invests from Seed through Series C in startups transforming financial services. Headquartered in Canada with a global investment footprint spanning North America and Europe, Portage manages approximately $6.4 billion in assets across its strategies and has backed more than 130 companies globally.
Happl Use of Funds
The company will use the funding to accelerate product development, support international expansion, and further build Happl’s global employee benefits infrastructure platform.
About Happl
Led by CEO Ben Towers MBE, Happl is building a global employee benefits operating system for multinational employers. Its AI-powered platform combines a configurable rules engine, deep integrations, and workflow automation to help HR and finance teams manage eligibility, compliance, policy administration, and benefits operations across more than 160 countries. Founded in 2022, Happl serves mid-market and enterprise customers globally, including organizations such as Moelis, Kainos, and Hootsuite.
Funding Details
Company: Happl, Ltd.
Raised: $11.0M
Round: Series A
Funding Date: May 2026
Lead Investor: Portage Ventures
Additional Investors: F Capital, Y Combinator, 6 Degrees Capital, Haatch, Ventures Together
Company Website: https://happl.com/
Software Category: HRTech / Employee Benefits Management Software
Source: https://www.uktechnews.info/2026/05/11/happl-secures-8-1-million-series-a-investment-led-by-portage-ventures/