Eppione, global provider of personalised and localised employee benefits, today announced it has secured €2.5M of additional investment, led by Delta Partners. This additional funding brings the company’s total funding to €3.75M.
This new round of funding will allow the company to keep up with growth and launch into new markets, levelling up the existing Eppione platform which already empowers over 1K businesses worldwide to easily manage their employee benefits while making big savings. The company was recently shortlisted in Deloitte’s Technology Fast 50 in recognition of the growth and innovation over the last two years.
As a regulated insurance brokerage, Eppione’s platform helps to boost employees’ engagement with their benefits package, while enabling employers to gain deep insights into uptake and drive informed decisions when changing their offerings. The People Analytics module creates automated reports into areas including gender pay gaps, workforce diversity and absence trends across the business.
Founded in 2016 by three friends and benefits enthusiasts – David Kindlon, Neil Fallon and Ernest Legrand – today Eppione has a world-class team of experts in benefits, insurance and financial advice, helping businesses navigate the complex options available to them. With teams located in Ireland, UK, Australia and New York, Eppione makes it incredibly simple for employees to select, amend and access their benefits packages.
Supporting employee wellbeing is a challenge for businesses across the globe. Over recent years businesses have realised the importance of flexibility when it comes to benefits like pensions, life assurance and health insurance, and employees expect benefits tailored to their unique circumstances. With Eppione, businesses of all sizes can empower their workforces to select the benefits that work for them and make changes when needed.
David Kindlon, Eppione co-founder and CEO said:
“Eppione has gone from strength to strength, but this is just the beginning. We have always sought to be a world leader in the employee benefits market, and this injection of capital will progress that vision. Employee benefits have long been overlooked by many employers as well as employees who are often unaware of what is available to them. The pandemic changed that, but while attitudes have evolved, the solutions and processes for accessing those benefits have not. We are here to change that, making employee benefits personal, simple and valuable for both employers and employees”
Richard Barnwell, General Partner at Delta Partners who are leading the round said:
“With today’s globally distributed workforce, a new way of delivering localised employee benefits is crucial for all businesses. Eppione’s platform delivers a customised benefit experience for each employee, no matter their location, and gives the company a painless way to sign-up and manage their entire benefit offering, while unlocking huge cost savings and expert advisory services through the integrated insurance brokerage.”
About Delta Partners
Delta Partners is a venture capital firm that invests in early-stage startups in Ireland. For over 30 years Delta Partners has been supporting entrepreneurs to build great businesses. Having invested in over 120 companies with exits generating €1.8B, Delta has a track record of investment performance, with LPs including Enterprise Ireland, Bank of Ireland and Fexco, as well as the family offices of successful Irish technology entrepreneurs. Today, the Delta team are investing in early-stage Irish companies across a range of sectors. Check us out at www.deltapartners.com and follow us on Twitter and LinkedIn.