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Avery Law advises BetterSpace on its $2m equity fundraise led by Noba Capital

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Avery Law advises BetterSpace on on its $2m fundraise led by NoBa Capital.

BetterSpace is led by Jim Woods and Alfredo Belfiori, two founders linked through their passion and motivation to tackle the mental health crisis and improve wellbeing for all workers.

BetterSpace is flipping the traditional “one size fits all” employee benefits model on its head by creating a carefully curated marketplace that allows employees to have a personalized experience to choose the benefits that best suit their mental health and wellbeing needs. The marketplace is underpinned by a digital solution driving personalised content recommendations. The platform also provides companies with data, validating our view that a personalised wellbeing approach improves health and reduces absenteeism & presenteeism, resulting in a more productive and happier workforce.

Jim Woods, CEO and Co-Founder of BetterSpace said:

“We are delighted to welcome NoBa Capital as lead investors for BetterSpace’s Seed Round. NoBa’s theme of flexible working, combined with their genuine intention to help the business as we go into a growth phase, really stood out from more traditional VC investors. We see them as partners in fulfilling our mission to turn the tide on mental illness.”


Deal team:

David Turney / Jessica Coventry / Stepan Ovakimyan


Read more:

Medium


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