Cloud8 secures £1.25M in latest funding round

Investment from Mercia

Hemma Visavadia
clock • 1 min read

Digital employee benefits platform Cloud8 has received £1.25 million in its latest funding round from investor Mercia.

The company began its funding round in March 2020 to help grow the platform and its position within the wider market. Total investment raised over the past 12 months, including a second round in March this year, now stands at £2 million Dipa Mistry Kandola, chief executive, Cloud8, said: "Cloud8, and our Beam at Work platform are becoming increasingly recognised amongst our corporate advisor and HR tech provider clients. In just two and a half years since our seed funding we're already serving 45,000 employees and more than 200 employers through our 12 EBC and HR technology clients." ...

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