HappyPal, a Paris, France-based FinTech company, has raised €7 million in Series A funding.
SaaS Investors
The round was led by Educapital, with participation from existing investor Anthemis.
Founded in 2017, Educapital is a venture capital firm based in Paris, France, that invests from late seed to Series B. The firm seeks to invest in early-stage edtech companies.
HappyPal Use of Funds
The company will use the funds to enhance its technology and expand its reach, focusing on improving financial well-being and providing digital access to culture and entertainment for employees.
About HappyPal
HappyPal developed a SaaS and payment solution for the employee benefit market. It focuses on changing the landscape of employee benefits, providing a digital and personalized approach for the entire workforce, particularly targeting deskless workers. HapplyPal aims to make benefits accessible to all employees, regardless of location or technical expertise. It has already gained a user base of over 200,000 employees across 1,000 SMBs and large enterprises. Notable clients include RATP, Toyota, Doctolib, and Meta.
Funding Details
Company: Happypal, SAS
Raised: €7.0M
Round: Series A
Funding Month: November 2023
Lead Investors: Educapital
Additional Investors: Anthemis
Company Website: https://www.happypal.fr/
Software Category: Benefits Management
Source: https://fintech.global/2023/11/23/happypal-secures-e7m-in-series-a-funding-to-revolutionise-employee-benefits/