About Ben
Ben is a company based in London (United Kingdom) founded in 2019 by David Duckworth.. Ben has raised $46.64 million across 3 funding rounds from investors including Seedcamp, Atomico and Cherry Ventures. Ben offers products and services including Flexible Spending Allowances, Enrolment & Benefits Management, Rewards and Recognition, Tailored Workflows & Automation, and Reporting, Analytics & Payroll. Ben operates in a competitive market with competitors including Spendesk, Sodexo, Jeeves, Soldo and Yonder, among others.
- Headquarter London, United Kingdom
- Founders David Duckworth
-
Sectors
Travel & HospitalityTechnology Financial Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Thanks Ben Ltd
- Date of Incorporation 27 Nov, 2019
- Jurisdiction LONDON, UNITED KINGDOM
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$46.64 M (USD)
in 3 rounds
-
Latest Funding Round
$28.14 M (USD), Series B
Dec 17, 2025
-
Investors
Seedcamp
& 13 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Ben
Ben offers a comprehensive portfolio of products and services, including Flexible Spending Allowances, Enrolment & Benefits Management, Rewards and Recognition, Tailored Workflows & Automation, and Reporting, Analytics & Payroll. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Personalized accounts for employee spending on various programs.
Self-serve system for employee benefits enrollment and updates.
Instant rewards linked to messaging for employee motivation.
Automates business workflows for efficient benefits handling.
Provides real-time insights and automated reporting for payroll.
Unlock access to complete
Funding Insights of Ben
Ben has successfully raised a total of $46.64M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $28.14 million completed in December 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series B — $28.1M
-
First Round
First Round
(31 Jan 2021)
- Investors Count 14
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2025 | Amount | Series B - Ben | Valuation | Mercia Ventures |
|
| Aug, 2022 | Amount | Series A - Ben | Valuation | Atomico | |
| Jan, 2021 | Amount | Seed - Ben | Valuation | Cherry Ventures , Seedcamp |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Ben
Ben has secured backing from 14 investors, including venture fund and angel investors. Prominent investors backing the company include Seedcamp, Atomico and Cherry Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Tech-based companies are invested in by Atomico venture capital fund.
|
Founded Year | Domain | Location | |
|
Provider of early-stage venture capital funding for European technology companies
|
Founded Year | Domain | Location | |
|
Venture capital firm focused on software, fintech, marketplaces, and consumer internet
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Ben
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Ben
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Ben Comparisons
Competitors of Ben
Ben operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Spendesk, Sodexo, Jeeves, Soldo and Yonder, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of prepaid cards for financial benefits of employees
|
|
| domain | founded_year | HQ Location |
Employee benefits payment cards are provided via an online platform.
|
|
| domain | founded_year | HQ Location |
Payment and corporate financial cards are provided digitally by Jeeves.
|
|
| domain | founded_year | HQ Location |
SaaS-driven corporate cards for expense management are provided.
|
|
| domain | founded_year | HQ Location |
Yonder is recognized for offering rewards-focused debit and credit cards.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Ben
Frequently Asked Questions about Ben
When was Ben founded?
Ben was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Where is Ben located?
Ben is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is Ben a funded company?
Ben is a funded company, having raised a total of $46.64M across 3 funding rounds to date. The company's 1st funding round was a Seed of $2.5M, raised on Jan 31, 2021.
What does Ben do?
Ben was founded in 2019 in London, United Kingdom, focusing on the employee benefits sector within fintech. Prepaid cards are offered to handle categories such as health and wellness, food and drink, and learning and development. A platform is provided for users to view balances and transactions. Spend analytics are delivered, along with resources for tax and accounting compliance. Operations are centered in the UK market.
What products or services does Ben offer?
Ben offers Flexible Spending Allowances, Enrolment & Benefits Management, Rewards and Recognition, Tailored Workflows & Automation, and Reporting, Analytics & Payroll.
Who are Ben's investors?
Ben has 14 investors. Key investors include Seedcamp, Atomico, Cherry Ventures, DN Capital, and Phil Chambers.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.