Funding will accelerate Amba’s ambition to bring employee technology to the climate conscious workforce, via environmentally and socially focused employee perks and benefits.
Amba People Ltd, the ESG employee benefits consultancy, has raised significant funds to accelerate the development of the Lumina employee experience portal. This has been facilitated through the acquisition of the health and group risk business, Amba Care & Wellbeing Ltd, by Premier Choice Healthcare part of Global Risk Partners
Stephen Hough, MD at Premier Choice Healthcare said the deal was the third since the business was acquired by GRP in June 2020.
“Since day one GRP has encouraged our twin growth strategy of organic and inorganic business growth.”
Funds will largely be invested in the development of Amba’s ESG marketplace proposition, ‘Lumina Perks’, which offers a sustainable and ethical range of products and services for employees to engage with.
Lumina Perks brings together vetted, like-minded brands in one place and enables any size of business to offer an environmentally friendly, socially conscious benefit to their employees.
Tobin Murphy-Coles, Amba’s CEO, commented,
“This substantial investment into Lumina Perks is critical for two reasons. Firstly, it marks Amba's pivot from Employee Benefits Consultancy to SaaS business. Secondly, and more importantly, it responds to the clear need for employers to be able to offer their staff ethical and sustainable employee benefits that will attract and retain the best possible talent.
The Great Resignation is upon us, this is a clear response to it. We believe it is vital that employers are equipped with a benefits offering that is in line with the values of the emerging generations in the workplace, to set them apart from other businesses competing for the same talent.”
Additional development of the existing Lumina platforms, Lumina Gateway and Lumina Plus will also be undertaken, with increased reporting, API and automation capabilities.
For more information about Amba’s products and services, please visit the website or book a demo of Lumina today.