Home Media News & press releases Edenred Capital Partners supports Beamery in ...

Press release

Development 25 June 2018

Edenred Capital Partners supports Beamery in a $28 million new funding round

The Edenred group, via its venture capital structure Edenred Capital Partners, continues to support the UK-based talent management start-up Beamery in a $28 million funding round alongside EQT Ventures and Index Ventures. Edenred Capital Partners already took part in the two previous rounds in 2015 and 2017.

Beamery is the world’s leading Recruitment CRM and Marketing platform. Combining elements of customer relationship management (CRM) and marketing software with artificial intelligence, Beamery turns recruiting from a reactive to a proactive function focused on creating meaningful continuous relationships with talent at scale. Notable customers include Facebook, Continental, VMware, Zalando, Grab and Balfour Beatty.

Edenred Capital Partners has been supporting Beamery’s growth since 2015, and continues to strengthen its position in the HR Tech ecosystem and in talent management in particular.

Edenred Capital Partners: at the heart of Edenred’s open innovation system

Founded in 2012, Edenred Capital Partners supports innovative companies with high growth potential, in areas related to Edenred’s activities in order to enrich the Group’s ecosystem. Edenred’s Venture Capital arm has invested in companies such as Andjaro, ProwebCE, and Zenchef in France, Beamery in the UK and Candex in the US.

As the workplace undergoes fundamental changes, this investment will enable Edenred to better understand the changing interactions between companies and people they employ, whether they are employees and self-employed workers.

Edenred Capital Partners has been a great sparring partner from the early days until now and, I am very excited that they are still with us to grow in this new development stage”, said Abakar Saidov, co-founder and CEO of Beamery.

We take pride in supporting the growth of Beamery again. Thanks to our investments in Human Resources, we get a better grasp on the relationships between companies and people they employ, a major theme for Edenred, which delivers solutions to 44 million employees”, declared Philippe Dufour, Edenred’s Executive Vice President, Alternative Investments.

To learn more about Edenred Capital Partners, go to: www.edenredcapitalpartners.com 

About

Edenred is a leading digital platform for services and payments and the everyday companion for people at work, connecting more than 52 million users and 2 million partner merchants in 45 countries via close to 1 million corporate clients.

Edenred offers specific-purpose payment solutions for food (such as meal benefits), incentives (such as gift cards, employee engagement platforms), mobility (such as multi-energy, maintenance, toll, parking and commuter solutions) and corporate payments (such as virtual cards). 

True to the Group’s purpose, “Enrich connections. For good.”, these solutions enhance users’ well-being and purchasing power. They improve companies’ attractiveness and efficiency, and vitalize the employment market and the local economy. They also foster access to healthier food, more environmentally friendly products and softer mobility.

Edenred’s 10,000 employees are committed to making the world of work a connected ecosystem that is safer, more efficient and more responsible every day. 
In 2022, thanks to its global technology assets, the Group managed some €38 billion in business volume, primarily carried out via mobile applications, online platforms and cards.

Edenred is listed on the Euronext Paris stock exchange and included in the following indices: CAC 40 ESG, CAC Next 20, CAC Large 60, Euronext 100, FTSE4Good and MSCI Europe.

Read also

Press contacts

Matthieu SANTALUCIA

Media relations

By phone: +33 (0)6 83 54 12 10