When was Ben founded?

Ben was founded in 2019 and raised its 1st funding round 2 years after it was founded.

Where is Ben located?

Ben is headquartered in London, United Kingdom.

Who is the current CEO of Ben?

Sebastian Fallert of Ben. They are also an angel investors in 1 startup.

Which legal entities is Ben associated with?

Ben is associated with Thanks Ben LTD.

How many employees does Ben have?

As of Jun 30, 2026, the latest employee count at Ben is 427.

Is Ben a funded company?

Ben is a funded company, having raised a total of $48.5M across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jan 31, 2021.

How much is Ben worth?

The latest valuation of Ben is £***** as of Feb 02, 2023.

When was the latest funding round of Ben?

Ben's latest funding was a $***** Series B round on Dec 17, 2025, with participation from 6 investors. Its primary sector is HRTech. In United Kingdom, the HRTech sector has seen $255M in funding in 2026 to date.

What is the annual revenue of Ben?

Annual revenue of Ben is between £1M and £10M as on Dec 31, 2024

Where does Ben rank among its competitors?

Ben ranks 3rd amongst 19 active competitors, of which 6 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Ben, which secured $27.5M in Dec, 2025.

Who are the top competitors of Ben?

Ben's top competitors include Yonder, Sodexo and Soldo. Among them, Ben secured the most recent funding round in December, 2025.

Ben - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Prepaid cards for employee benefits. It features solutions to manage multiple categories including health and wellness, food and drink, learning and development, and more. It provides a platform for displaying balances and transactions. It also provides spend analytics and relevant information to deal with tax and accounting.

Website: www.thanksben.com/
Email ID: *****@thanksben.com
Phone Number: +44 **********

Key Metrics

Founded Year

2019

Location

London, United Kingdom

Stage

Series B

Total Funding

$48.5M in 3 rounds

Latest Funding Round

Series B, Dec 17, 2025, $*****

Post Money Valuation

£***** as on Feb 02, 2023

Investors

Seedcamp & 17 more

Ranked

3^rd among 19 active competitors

Annual Revenue

£1M - £10M as on Dec 31, 2024

Employee Count

427 as on Jun 30, 2026

Similar Companies

Zaggle & 281 more

View Ben's full profile

Ben is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Thanks Ben LTD CIN: 12335851 , United Kingdom, Active	Nov 26, 2019	£1M - £10M (As on Dec 31, 2024)	112 (As on Dec 31, 2024)

Ben has raised a total funding of $48.5M over 3 rounds. Its first funding round was on Jan 31, 2021. Its latest funding round was a Series B round on Dec 17, 2025 for $*****. 6 investors participated in its latest round. Ben has 8 institutional investors and 10 angel investors.

Here is the list of recent funding rounds of Ben:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 17, 2025	4895445	Series B	3748806	8482635	1249176	6731991
Aug 03, 2022	8393752	Series A	6049129	9751776	2705331	Cherry Ventures & 6 more
Jan 31, 2021	1111358	Seed	1066408	8476019	Cherry Ventures & 1 more	Paul Forster & 4 more

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View details of Ben's funding rounds and investors

The founders of Ben are Sebastian Fallert and David Duckworth. Sebastian Fallert is the CEO of Ben.

Here are the details of Ben's key team members:

Sebastian Fallert: Co-Founder & CEO of Ben and founder of 1 other company. They are also an angel investor in 1 startup.
David Duckworth: Co-Founder & COO of Ben.
Contact Info: 1 email address

View details of Ben's Founder profiles and Board Members

Ben's employee count trend

Ben has 427 employees as of Jun 26. Here is Ben's employee count trend over the years:

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Top competitors of Ben include Yonder, Sodexo and Soldo. Here is the list of Top 10 competitors of Ben, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Yonder 2020, London (United Kingdom), Series B	Online platform to discover & book outdoor tours	$81.4M	Northzone, RTP Global & 47 others	76/100
2nd	Sodexo 1966, Issy les Moulineaux (France), Public	Provider of food services and facilities management for various industries	-	Europa	75/100
3rd	Ben 2019, London (United Kingdom), Series B	Prepaid cards for employee benefits	$48.5M	Atomico, Cherry Ventures & 16 others	71/100
4th	Soldo 2014, London (United Kingdom), Series C	SaaS-driven corporate cards for expense management solutions	$310M	Battery Ventures, Temasek & 30 others	57/100
5th	Givve 2010, United Kingdom, Acquired	Customizable gift card	$2.83M	HTGF, make a startup GmbH & 3 others	43/100
6th	Prepaid Financial Services 2008, London (United Kingdom), Acquired	Provider of prepaid card solutions and payment technologies	$3.8M	-	42/100
7th	OnePay 2007, Leeds (United Kingdom), Unfunded	Payroll cards for employer and agency	-	-	42/100
8th	Expend 2015, London (United Kingdom), Seed	Corporate Cards and AI-based expense management software for businesses	$2.65M	Oxford Technology, Oxford Technology & 5 others	38/100
9th	Byond Card 2020, Hemel Hempstead (United Kingdom), Unfunded	Employee benefits card for corporates	-	-	37/100
10th	Pure 2017, London (United Kingdom), Unfunded	Enterprise issued Prepaid card	-	-	37/100