Discovery new Talent is the most important need in startup ecosystem. Wellbees is new generation employee well-being platform developed for employees in business-to-business software-as-a-service (B2B SaaS) in .
used before more of 100,000 employees in over 40 companies in 17 countries Wellbees was recently launched in the UK and has now received an initial investment of $2.2 million.
Investment Led 212, headquartered in Luxembourg venture The capital (VC) that is invested in growth-The theater tech Companies across Central and Eastern Europe (CEE) and Middle East and North Africa (MENA) regions.
The investment will be used to increase the effectiveness of Wellbees in particular in UK, Middle East and North Africa markets, as well as the establishment of a data science team, to understand this more efficiently and impact analysis on employee luxury, said its founder Meles Abagoglu.
Other Middle Eastern and North African countries based in the UK venture The capital companies that participated in The investment includes Mindshift Capital, which supports women- Companies led by Doha Tech Angels Qatar first private Owner’s Chest, Assist Ventures, which team Includes well-known Tom James for being first An angel investor in Zendesk, and Sarus Select Capital, an early stage investor on Scalable B2B technology startup companies.
investment in HR technology It started accelerating during the pandemic, Abacioglu said.
More than 14 billion dollars have been invested in 2021 globally, a threefold increase compared to 2019, with Benefits and employee welfare arrangement second for These investments. Deloitte Insights 2021 predicts that by 2040, two-thirds of It will be all health spending in She said.
fed by the consumer demandThe employee well-being market already worth 60 billion dollars, will experience in addition to growthA statement issued by the company. He noted that Wellbees is well positioned to benefit from it of This is amazing rising demand.
Abacioglu said the company will do so use investment to increase share in new markets, while also investment in deep technology.
“We will continue to grow, especially in Middle East and North Africa region and the United Kingdom, where we recently opened our site first international office. On the other hand, creating a data science team means that we will be able to scientifically measure and improve our impact on life and cultures of employees. We will be able to promote experience We deliver to our customers and ultimately provide to individual users with single form for happiness,” she explained.
data said shows that the staff using Their platform tends to be 50% less likely to quit their job and tends to more 10% happiest after starting use Welbies.
The company said the data team Will be help build Provides algorithms that provide personalized well-being suggestions for individuals more Advanced and previously known options hidden Styles, delivering human resource (HR) departments more Ideas and recommendations about employee well-being trends.
“else goal of This investment round It is better present experience Elena team And all our customers who let us To get to this point with All these developments,” said Abacioglu.
Explain it Wellbees plans to start The next investment round Within 12 months, Abassioglu continued: “Number of unicorn companies in The UK has been growing rapidly lately. Although our ambitions are different, we strive to be a platform that creates value for The worldprofit and purpose balances, and invites people to share power and resources. “
Although 20% of All startups globally have a female founder, only 2.3% of They get institutional investment. We are happy to contribute to the other side of This scale. We are proudly a 62% female-led company, including our company tech teamand strives to follow with balanced recruitment strategy”, I noticed.
With €80 million ($83.1 million) under management and 26 investments, 212 corporate funding tech Solution with big drag, a clear the product-market Fit and ready to expand globally.
212 Skillful, wise partner who right Now joins Welbies boardThey said they believe that HR technologies It will continue to thrive.
“We specifically appreciate the importance role of Corporate Welfare Solutions in The future of work. we know of There are no better candidates than Meles and Willibis for her team to share up within this sector. With more from 40 clients in 17 countries And nine languages - booted with Minimum Angel Investment – 212 Ready to Promote Wellbees’s future growth sage said.
by also building Sweetened “teams on Earth, “Welby’s says It will enhance the value proposition and will also allotted, native language client success teams Along with sales and marketing team members support company growth.
its human resources tech The solution is one-Stop-shop experience for HR professionals and personnel alike, allowing employees to acquire better habits and thus contribute to improving their lives. The platform covers all eight sides of Well-being: mental, physical, spiritual, social, environmental, professional, intellectual and financial.
