3 years ago

Juno Raises $4 Million to Expand Employee Benefits Marketplace

  • Juno, a UK-based employee benefits marketplace, has raised $4 million (£3.1 million) in a Series A funding round led by Hoxton Ventures

  • The company will use the funds to refine its product, expand its services, and further its growth

  • Juno's platform allows employees to choose from a variety of benefits, including mental health support, childcare, fitness, and food delivery boxes

  • The funding round follows a previous £650,000 investment led by Fuel Ventures in 2019

  • Juno is currently used by over 160 companies in 40 countries.

      • ProblemTechnology

      "Employees are not satisfied with the benefits being offered by their employers, leading to low utilization and dissatisfaction."

      Solution

      "Juno offers a customizable employee benefits platform that allows employees to choose the benefits that best suit their needs, leading to higher employee satisfaction and better utilization of benefits."

      Covered on