About Cobee
Cobee is a company based in Madrid (Spain) founded in 2018 was acquired by Pluxee in June 2024.. Cobee has raised $60.21 million across 4 funding rounds from investors including Banco Sabadell, Pluxee and Speedinvest. Cobee offers products and services including Retribución flexible, Ticket restaurante, Ticket transporte, and Seguro de salud. Cobee operates in a competitive market with competitors including Spendesk, Sodexo, Tremendous, Ciclogreen and Pigari, among others.
- Headquarter Madrid, Spain
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Sectors
HealthcareTravel & Hospitality Financial Services Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$60.21 M (USD)
in 4 rounds
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Latest Funding Round
$41 M (USD), Series B
Nov 22, 2022
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Investors
Banco Sabadell
& 12 more
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Employee Count
Employee Count
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Acquired by
Pluxee
(Jun 12, 2024)
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Products & Services of Cobee
Cobee offers a comprehensive portfolio of products and services, including Retribución flexible, Ticket restaurante, Ticket transporte, and Seguro de salud. 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.
Tool for managing flexible employee salary benefits
Service for handling employee meal expense reimbursements
Platform for transport allowance and public transit support
System for providing employee health coverage options
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Funding Insights of Cobee
Cobee has successfully raised a total of $60.21M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $41 million completed in November 2022. 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 4
- Last Round Series B — $41.0M
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First Round
First Round
(11 Apr 2019)
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2022 | Amount | Series B - Cobee | Valuation | Octopus Ventures , Notion | |
| Jul, 2021 | Amount | Series A - Cobee | Valuation | Balderton Capital | |
| Feb, 2020 | Amount | Seed - Cobee | Valuation | Speedinvest , Target Global |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Cobee
Cobee has secured backing from 13 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Banco Sabadell, Pluxee and Speedinvest. 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 |
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Venture capital investment and support for founders in technology and health sectors.
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Founded Year | Domain | Location | |
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Venture capital investment in European business software companies, focusing on early-stage opportunities in London.
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Founded Year | Domain | Location | |
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Multistage venture capital investments are focused on technology sectors.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Cobee
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Cobee
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Cobee Comparisons
Competitors of Cobee
Cobee 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, Tremendous, Ciclogreen and Pigari, 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
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| domain | founded_year | HQ Location |
Employee benefits payment cards are provided via an online platform.
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| domain | founded_year | HQ Location |
Provider of rewards and financial benefits management platform for enterprises
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| domain | founded_year | HQ Location |
Employee commuting benefits are facilitated through an online platform.
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| domain | founded_year | HQ Location |
Provides expense management solutions for businesses.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Cobee
Frequently Asked Questions about Cobee
When was Cobee founded?
Cobee was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Where is Cobee located?
Cobee is headquartered in Madrid, Spain. It is registered at Madrid, Madrid, Spain.
Is Cobee a funded company?
Cobee is a funded company, having raised a total of $60.21M across 4 funding rounds to date. The company's 1st funding round was a Seed of $2.28M, raised on Apr 11, 2019.
What does Cobee do?
Cobee was established in 2018 in Madrid, Spain, within the employee benefits sector. A cloud-based platform is maintained to oversee expenses related to meals, transportation, daycare, training, health insurance, and prepaid cards. Customized benefits plans are developed, and payroll processes are automated. Access is facilitated through mobile applications on the Google Play Store and Apple App Store.
Who are the top competitors of Cobee?
Cobee's top competitors include Spendesk, Sodexo and Ciclogreen.
What products or services does Cobee offer?
Cobee offers Retribución flexible, Ticket restaurante, Ticket transporte, and Seguro de salud.
Who are Cobee's investors?
Cobee has 13 investors. Key investors include Banco Sabadell, Pluxee, Speedinvest, Balderton Capital, and Lanai Partners.