# Thanks Ben

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/thanks-ben

- Industry: Software
- Headquarters: London, UK
- Website: www.thanksben.com
- Total disclosed funding: $49M
- Latest round: Series B (Dec 17, 2025)
- Investors on record: 6

## About

Established in 2019 and based in London, UK, Thanks Ben Ltd operates as a provider of a financial software platform. Ben was co-founded by CEO Sebastian Fallert and David Duckworth. In December 2025, Thanks Ben Ltd raised GBP 20.8 million in series B funding led by Mercia Asset Management, with participation from QuantumLight, Atomico, Seedcamp, DN Capital, and Cherry Ventures also participated in the round.


Ben provides a software platform and financial infrastructure which allows SMEs to offer personalized benefits to employees. The company's platform lets employees choose any existing benefits program while it adds a plethora of additional options and saves both money and time.

The company plans to use the December 2025 funding to expand into new markets, deepen its North America presence, strengthen broker partnerships, and build AI features that streamline onboarding and compliance.

## Funding rounds

- Series B, Dec 17, 2025, $28M — Mercia Asset Management, DN Capital, Atomico, Seedcamp, Cherry Ventures, QuantumLight
- Series A, Jun 7, 2022, $17M — DN Capital, Atomico, Seedcamp, Cherry Ventures
- Seed, Sep 16, 2021, $1.8M — DN Capital, Seedcamp, Cherry Ventures
- Seed, Feb 17, 2020, $2.4M — Seedcamp, Cherry Ventures

## Investors

- Seedcamp (https://capitalatlas.ai/funds/seedcamp) — Seed, Series A, Series B
- Cherry Ventures (https://capitalatlas.ai/funds/cherry-ventures) — Seed, Series A, Series B
- DN Capital (https://capitalatlas.ai/funds/dn-capital) — Seed, Series A, Series B
- Atomico (https://capitalatlas.ai/funds/atomico) — Series A, Series B
- Mercia Asset Management (https://capitalatlas.ai/funds/mercia-asset-management) — Series B
- QuantumLight (https://capitalatlas.ai/funds/quantumlight) — Series B