Yonder raises €2.7m in seed funding round

Irish-founded platform Yonder has raised $2.6 million in seed funding to simplify health and pension benefits for global businesses and employees.

The funding round was led by Northzone and Dublin-based Frontline Ventures, with Cocoa, Broadstone, Uncommon Projects and angel investors also participating. Among the angel investors is a former Workday executive. The funding will be used to accelerate product development, and expand its engineering and product teams, with go-to-market and commercial roles also up for recruitment. It plans to expand its existing markets in the UK and Ireland, and add new ones across Europe.

Yonder’s platform aims to remove barriers to access to benefits on a global scale, making it simple for businesses to provide benefits, such as health insurance and pensions, regardless of where employees are based. Employers can create packages quickly and easily, while employees can use it to secure local health and retirement benefits, through a mobile app to enrol and manage benefits from local providers in real time.

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