Independent employee benefits platform, Collective Benefits, has raised $10 million (£7.3m) in funding from technology investor Prosus Ventures.
London-based Collective Benefits, which launched last year, provides a dedicated employee benefits platform for workers within the ‘on-demand economy', including flexible insurance and benefits specifically for independent workers, from sick and injury pay to family and compassionate leave. The insurtech said that the latest round of funding, delivered by the venture investing arm of Prosus, will enable it to expand its suite of products and services for independent workers, as well as continue to expand its presence as the market leader across Europe and beyond. The investment follow...
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