France-based Epsor announced a USD $24 million Series B round of venture capital for its employee savings and retirement app. This brings its total raised to $32.7 million.
The key to success for technology in this segment lies in their ability to integrate into the core HCM and payroll provider suites and leverage those ecosystems as a channel.
Benefits tech always receives a significant share of global HR technology venture capital, seeing $258 million in 2020.
$2.7 billion was invested globally in work technology during Q1 2021 alone. Get the free WorkTech Q1 2021 report and analysis here.
Source: Paris-based employee savings and retirement plan platform Epsor raises €20 million in Series B round – Tech.eu