Madrid’s Cobee, an employee benefits platform has raised €40 million in a Series A round led by Octopus Ventures and Notion Capital. Having tripled its business in the space of one year, CEO Borja Aranguren says the company will now look to expand into new markets as well as solidify its position in Spain and Portugal, adding, “For us, it’s very important that investors understand our market and share the vision of what we want to build. Both Octopus and Notion had previously considered other employee benefits startups in Europe, but could not get convinced.”
Source: Fintech Global