SoftBank led a series D round which enabled the employee benefits software provider achieve unicorn status.

Swile, a France-based developer of employee benefits management technology, raised $200m on Monday in a series D round led by telecommunications and internet group SoftBank at a valuation exceeding $1bn.

The state-owned BPIfrance’s took part in the round through its BPIfrance Large Ventures fund, filling it out alongside private equity firm Eurazeo and venture capital firms Index Ventures and Headline.

Founded in 2018 as Lunchr, Swile provides a card and app that can manage all benefits employees within a company,…

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Fernando Moncada Rivera

Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.
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