Espresa Raises $23M in Series A Funding

Funding Rounds

▤ Summary

Espresa, a Palo Alto, CA-based provider of a personal benefits platform designed for global enterprises, raised $23M in Series A funding. The company intends to use the funds to scale and expand sales and marketing, platform development, and further build the global support infrastructure. Founded by Raghavan Menon (CTO) and Alex Shubat (CEO), Espresa provides a personal benefits platform that is designed to help HR and Benefits teams streamline and modernize their offerings. By directing existing funding to an LSA Plus program, employers can drive employee engagement and personalized well-being. The company has served hundreds of thousands of users on the platform across diverse sectors spanning tech, consumer, healthcare and pharma, financial services, media, agriculture, law, manufacturing and construction.

$ Funding

$
Amount $23.0M Total raised
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Date October 31, 2023 Announcement date
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Investors - Lead investors
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Company espresa.com Funded company

▥ Classifications

industries
HealthTech
applications
No applications detected

◇ AskAI Classifications

Labels
HR Technology Employee Benefits Software SaaS

▦ Linked Companies

Espresa
$10M to $25M