Oct 11 (Reuters) - Swile has raised additional an $200
million in a capital increase backed by Japan's Softbank
, aiming at expanding its business internationally and
beyond corporate benefits services, the French startup said on
Through this capital increase, Swile, which provides
electronic meal vouchers and other employee benefits to
companies such as Carrefour, Spotify and
Airbnb, joined the country's growing ranks of tech
unicorns or startups valued at $1 billion or more.
The company, which counts Eurazeo, Index
Ventures, and bpifrance among its investors, said it had gained
a 13% share in the corporate benefits market since its launch
four years ago in southern French region of Occitania.
It had already raised 115 million euros in total in
previous three funding rounds, it said, while this one will see
Michel Combes, chairman of Softbank International Group and
former chairman of mobile companies Alcatel-Lucent and
SFR-Numericable, joining the board.
Swile, which ranked second https://www.linkedin.com/pulse/linkedin-top-startups-france-2021-les-10-p%C3%A9pites-o%C3%B9-
on LinkedIn France's list of most attractive startups work- and
investment-wise in 2021, also plans to double its workforce by
hiring 500 employees by the end of 2022 and aims to release its
team building and communications app soon.
(Reporting by Dagmarah Mackos in Gdansk, Editing by Louise