Happl secures £8.1 million Series A investment led by Portage Ventures. * B2B * Esther Andrew * 11 May 2026 * 387 * 5 minutes read Happl raises $11m (£8.1 million) Series A led by Portage Ventures to power global benefits infrastructure for multinational employers Happl, a global employee benefits operating system founded by entrepreneur Ben Towers MBE, has raised $11 million in an oversubscribed Series A funding round led by Portage Ventures, a leading global $6.3bn fintech investment platform. The round includes participation from F Capital and existing investors Y Combinator, 6 Degrees Capital, Haatch and Ventures Together, reinforcing strong backing for Happl's mission to transform how global organisations manage employee benefits. The raise is being celebrated with a billboard in Times Square, New York, alongside Happl's US banking partner, Brex. Founded in 2022, Happl is building a global employee benefits operating system for multinational employers. Its AI-powered platform combines a configurable rules engine, deep integrations and workflow automation to help HR and finance teams manage eligibility, compliance, policy administration and benefits operations across more than 160 countries. Built for mid-market and enterprise customers from day one, Happl replaces fragmented, country-by-country processes with a single infrastructure layer designed for global scale. Managing benefits across multiple jurisdictions remains one of the most complex and resource-intensive challenges for global businesses, with regulatory risk, operational inefficiencies and poor employee engagement often the result. Happl addresses this by embedding compliance, automation and personalisation into one unified platform, reducing costs and administrative burden while improving employee experience. Ben Towers MBE, co-founder and CEO of Happl, said: "Happl began with a simple belief: benefits should be easy to understand, easy to manage and easy to implement. What we've built goes far beyond that, a global platform that removes complexity at scale and connects employees with solutions that truly reflect their needs. "As companies become more global, the challenge of managing benefits across multiple countries only intensifies. This funding will allow us to accelerate our product development and international expansion and continue building the infrastructure layer that modern employers need." Hélène Falchier, General Partner at Portage, added: "Happl stands out because it was built for global complexity, not retrofitted into it. The company has developed a differentiated benefits operating system that helps multinational employers automate compliance-heavy workflows, reduce operational friction and deliver a more personalised employee experience at scale. Combined with strong enterprise traction and an ambitious founder, that gave us the conviction to lead the Series A." Today, Happl has teams across the UK and the USA and supports complex global benefits programmes, increasingly serving enterprise customers that require flexibility, compliance and control at scale. The company has built momentum with global organisations, including Moelis, Kainos and Hootsuite, reflecting growing demand for a more modern infrastructure layer for benefits.

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