
Vitaance
Vitaance is a wellbeing platform for companies that helps them optimize spending and maximize impact.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor investor investor investor investor investor | €0.0 | round |
investor | €0.0 | round | |
investor investor investor investor | €0.0 | round | |
* | €2.2m | Seed | |
Total Funding | 000k |
EUR | 2022 | 2023 |
---|---|---|
Revenues | 0000 | 0000 |
% growth | - | 118 % |
EBITDA | 0000 | 0000 |
Profit | 0000 | 0000 |
% profit margin | (8294 %) | (4113 %) |
EV | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x |
R&D budget | 0000 | 0000 |
Source: Company filings or news article
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Vitaance provides a corporate wellness platform designed for companies to offer customizable and flexible benefits programs to their employees. The company was established in Barcelona in 2021 by Ana Zamora, Christian Rochas Faillace, and Bernard Granados, with support from Antai Venture Builder. The founding of Vitaance was notably unconventional, as Zamora and Rochas first connected on LinkedIn during the COVID-19 pandemic, driven by a shared ambition to launch a new venture. Zamora, the CEO, has over 15 years of experience in the insurance sector, including roles at Mercer and the insurtech unicorn Alan. COO Christian Rochas brings more than a decade of experience in financial services and digital transformation from companies like Accenture and BNP Paribas Cardif. CPO Bernard Granados has over 15 years of experience creating digital products in insurance and gaming.
The firm operates on a B2B model, targeting traditional companies and startups that aim to enhance employee well-being across physical, mental, and financial health. The business model is subscription-based, charging a fixed fee per employee per month. This grants employees access to the Vitaance mobile app, where they can manage a flexible allowance provided by their employer. This allowance can be used for a variety of services, such as gym memberships, therapy sessions, or childcare, with the app using AI to validate receipts for reimbursement. Unused funds are returned to the company, ensuring cost-efficiency. The platform is designed to alleviate the administrative workload for HR departments by automating processes and providing a single point of management for all benefits.
The Vitaance app serves as the core of its product offering, providing a personalized experience for each employee. It includes features like physical challenges to promote teamwork, an emotion diary, and educational content. The platform supports flexible compensation, including meal vouchers, transport tickets, and health insurance, tailored to the legal and fiscal frameworks of different countries. Since its inception, Vitaance has expanded its operations to Spain, Portugal, France, the UK, Vietnam, and Kenya. The company has successfully raised a total of $5.74 million over two seed rounds, with the first round in 2021 securing €3.4 million from investors like SoftBank and K Fund, followed by a second round of €2 million.
Keywords: employee benefits, corporate wellness, flexible benefits, insurtech, well-being platform, HR technology, employee engagement, mental health support, financial wellness, physical well-being, employee rewards, B2B SaaS, benefits administration, Ana Zamora, Christian Rochas, Antai Venture Builder, corporate health, customizable benefits, global benefits, remote teams