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Vitaance
Employee wellbeing & insurance
- 1-20 employees
- B2B
- Personal health
- Recruitment
- Insurance
- Fitness
- SaaS
- La Barceloneta, Barcelona, Spain
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Company mission
To improve people’s lifestyle through physical, social and mental wellbeing, and protect them financially with insurance solutions.
Our take
While companies offer a range of perks other than salary to attract and retain the top talent, many of these go unused. Aside from needlessly costing companies money, it also means that employees can become demotivated and look to other companies that they feel meet their needs more closely. Vitaance, a Spanish startup, aims to solve this problem with a platform offering life insurance and wellbeing perks that employees will want to use.
Other startups exist in the employee benefits space (think Fringe or Gusto for example), but Vitaance is unique in its focus on gamifying its lifestyle and wellbeing perks. This has led to a huge success rate in the companies where it has been used, with 80% of its members using its wellness functions each month. This effectiveness has seen Vitaance's platform adopted by WeWork, KAYAK and Kindred among many other employers seeking to better incentivise their employees.
Vitaance will use its funding to recruit additional talent, develop its product and prepare for international expansion. It has long term goals to scale its product to compete with French, German and UK companies in the market, aiming for 7.5 million users by 2026. If its run of recent success continues, it is poised to develop into a significant business in this sector.
Kirsty
Company Specialist at Welcome to the Jungle
Benefits
- We are flexible and allow employees to work semi-remotely from anywhere in Spain
- A shiny MacBook Pro
- We offer interesting professional growth
- The company supports its employees' learning, financially and/or with time off
- Competitive compensation package: fix + Employee stock options (PSOP)
- Paid flexible benefits (meals, transportation, nurseries, health insurance, etc.)
- Flexible vacation policy
- And of course, the company will provide our great life insurance
Company values
- Client First, we put our clients' well-being before any other consideration
- Transparent and Fair in every aspect of our work and our lives. Ethics is more important than winning
- Ambitious and Empowered, we love to challenge and disrupt established norms. We expect our people to take ownership of their work. Failing is permitted
- Positive Impact on our people and society, we are empathetic, humble, and full of enthusiasm. Kindness matters!
Funding (last 2 of 3 rounds)
Feb 2023
$2.4m
SEED
Oct 2021
$3.2m
ANGEL
Total funding: $6m
This company has top investors
Leadership
Ana Zamora
(CEO)Before co-founding Vitaance was Ops & Insurance Lead at Alan and SME & Consumer Leader (Spain) at Mercer España.
Bernard Granados
(CPO)Also Co-founder and Product Advisor at ARMD Limited. Was a Senior Product Manager at Wynn Interactive and Head of Product at Nexture and Emagister.
Was CEO and Co-Founder of SAVY. Before that was a Manager at Accenture Colombia and an Actuary & Financial Analyst for BNP Paribas Cardif.