Cobee, founded in 2019, is a Spain-based company that operates in the Finance, Financial Services, Fintech, and Human Resources industries. The company positions itself as "The employee benefits and flexible remuneration platform that makes both company and employees love it."
Cobee's core mission is to enhance employee satisfaction by increasing their net income without raising the company's payroll costs or introducing cumbersome administrative procedures. The platform streamlines flexible remuneration, allowing employees to allocate parts of their gross salaries toward expenses like meals, transportation, childcare, training, and health insurance, achieving personal tax savings ranging from 35-47%.
By utilizing Cobee, companies eliminate administrative costs, and user adoption exceeds 80%, compared to the industry average of below 20%. The platform provides technological solutions such as one-click employee enrollment, a unified card and app for benefits, and real-time tracking, fostering a seamless digital integration.
The company received a €40.00M Series B investment on 21 November 2022 from investors including Octopus Ventures, Speedinvest, Notion Capital, Balderton Capital, and DILA Capital, showcasing strong financial backing and market potential.