Cloud 8

Cloud 8

Helping 'Employee Benefit Consultants' affordably bring digital benefits to employers with a platform.

HQ location
United Kingdom
Launch date
Employees
Enterprise value
$7—10m
Company register number
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DateInvestorsAmountRound
-investor

€0.0

round
N/A

€0.0

round
investor

€0.0

round
investor

€0.0

round
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€0.0

round
*

N/A

Acquisition
Total Funding000k

Financials

Estimates*

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Revenues, earnings & profits over time
EUR20222023
Revenues00000000
% growth-47 %
EBITDA00000000
Profit00000000
EV00000000
EV / revenue00.0x00.0x
EV / EBITDA00.0x00.0x
R&D budget00000000

Source: Dealroom estimates

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More about Cloud 8
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Cloud8 operates in the employee benefits and fintech sectors, providing a digital platform that simplifies the delivery of employee benefits for small and medium-sized enterprises (SMEs). The company serves advisors, employee benefits consultants (EBCs), brokers, and HR software solution providers. Cloud8's core product, BEAM at Work, offers an affordable, plug-and-play solution that empowers and engages employees by giving them online access to benefits typically enjoyed by employees in larger companies. The platform is designed to be simple to sell, set up, and manage, making it an attractive option for advisors and brokers. Cloud8 generates revenue through a subscription-based business model, offering its digital benefits platform to SMEs and partnering with HR and people tech software providers. The company has recently been acquired by Benefex and continues to expand its offerings and improve its platform through significant investments and strategic partnerships.

Keywords: employee benefits, fintech, SMEs, digital platform, subscription model, HR tech, advisors, brokers, plug-and-play, UK market.

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