Originally published by FinSMEs on September 27, 2022
Yonder, a Dublin, Ireland-based provider of a platform to automate health insurance and retirement benefits, raised $2.6M in funding.
The round was led by Northzone and Frontline Ventures, with participation form Cocoa, Broadstone, and Uncommon Projects.
The company intends to use the funds to accelerate product development, hire across engineering and product, along with go-to-market and commercial roles, as it expands further into existing markets such as the UK and Ireland, and new markets to meet demand across the rest of Europe.
Founded in 2022, by a team of serial entrepreneurs and engineers including CEO Luke Mackey, former Ireland Country Manager for ride-hailing unicorn Bolt and founder of food-tech app Bamboo, CTO Patrick O’Boyle, former CTO at Bamboo, and Director of Engineering Deepak Baliga, former Engineer at food-tech unicorn Flipdish, Yonder provides a platform that automates health insurance and retirement benefits, globally. With an app, employees can create and manage their benefits. The integrated platform partners with insurance and investment providers to streamline the creation and day-to-day management of Health, Dental, Vision and Pensions for employees in minutes.
Currently in Beta, Yonder is adding companies to its waitlist and onboarding them periodically. Companies will soon be able to integrate current HRIS tools like Personio, Humaans or BambooHR to sync with the platform.