Cocoon Financial Services
Latest round
- Series A
Last raised
- Dec 2021
Total raised
- $26M
Investors
- 6
About Cocoon Financial Services
Cocoon Financial Services, Inc.Founded in 2020 in Mill Valley, US, Cocoon Financial Services, Inc. provides a platform for managing employee leave.Cocoon offers a sophisticated employee leave management software that automates the complexities surrounding leave compliance, claims processing, and payroll for companies. The platform allows HR teams and employees to efficiently manage various leave types, including parental, medical, caregiver, and personal leave, while ensuring compliance with the Family and Medical Leave Act (FMLA) and state leave laws. Features include automated eligibility calculations, designation notices, and comprehensive reporting options that save HR teams time and resources.Cocoon generates revenue through a subscription-based model targeting businesses that need comprehensive leave management solutions. Clients pay for access to the software based on the number of users or chosen service package, which may include tiered pricing structures for different functionalities. The leave management software helps organizations save costs via its automation features, allowing them to recoup significant benefits payments per leave.In December 2021, Cocoon Financial Services, Inc. The company aims to expand its services into new markets and geographic regions, with plans for specific target areas to be announced in the near future.
Who invested in Cocoon Financial Services
6 investors across 2 rounds
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Questions about Cocoon Financial Services
Who invested in Cocoon Financial Services?
Cocoon Financial Services has 6 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Cocoon Financial Services raised?
Cocoon Financial Services has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Cocoon Financial Services last raise money?
Cocoon Financial Services's most recent round on record is a Series A, in Dec 2021.
What does Cocoon Financial Services do?
Cocoon Financial Services, Inc.
Where is Cocoon Financial Services headquartered?
Cocoon Financial Services is headquartered in Mill Valley, US.
Which VCs invest in companies like Cocoon Financial Services?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Cocoon Financial Services's stage. Their profiles are linked below.
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