Origin Secures £16M Series A Funding Led by Felix Capital
Deal News | May 15, 2025 | Business Cloud
Origin, a global benefits intelligence platform based in Canterbury, has successfully raised £16 million in Series A funding, which brings the company's valuation to £80 million. The funding round was led by Felix Capital and included investment from Acadian Ventures, Notion Capital, and prominent individuals formerly associated with Meta and Accenture. Laura Modiano, OpenAI's startups lead in EMEA, also contributed to the investment. Origin aims to transform the £34 billion global benefits industry through its AI-powered platform that delivers actionable insights from fragmented benefits data, promoting cost savings and strategic decision-making for HR leaders. The investment will be utilized to support Origin's international expansion, particularly in the US and Europe. Origin's core technology, Cuido, centralizes structured data to enhance transparency and decision-making, partnering with established firms like Pfizer, Comcast, EA, and BCG. Felix Capital's involvement underscores their commitment to backing innovative solutions in the future of work sector.
Sectors
- FinTech
- Human Resources Technology
Geography
- United Kingdom – Origin is based in Canterbury, UK, highlighting its geographical significance in the article.
- United States – The article mentions plans for international expansion, including the US, showcasing its relevance to Origin's future strategy.
- Europe – Origin's planned international reach within Europe is discussed, marking its importance in the company's growth plans.
Industry
- FinTech – The article discusses an investment in Origin, a platform leveraging financial technology to transform global benefits management.
- Human Resources Technology – Origin's mission to optimize HR functions through AI and data intelligence classifies it under Human Resources Technology.
Financials
- £16 million – The amount raised by Origin in its Series A funding round.
- £80 million – The post-money valuation of Origin following the Series A funding round.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Origin | Target Company | Company | Origin is a global benefits intelligence platform, leveraging AI to optimize HR and benefits management. |
| Felix Capital | Lead Investor | Company | Felix Capital is a venture capital firm focused on the intersection of technology and creativity. |
| Acadian Ventures | Investor | Company | Acadian Ventures participated in the funding round for Origin. |
| Notion Capital | Investor | Company | Notion Capital invested in Origin during the Series A round. |
| Chris Bruce | CEO and Co-founder of Origin | Person | Chris Bruce is the Chief Executive Officer and co-founder of Origin. |
| Laura Modiano | Investor | Person | Laura Modiano, OpenAI's startups lead for EMEA, invested in Origin. |
| Antoine Nussenbaum | Co-founder and Partner at Felix Capital | Person | Antoine Nussenbaum is a partner at Felix Capital and expressed support for Origin's mission. |
| Meta | Investor | Company | Former employees from Meta have participated as investors in the funding round for Origin. |
| Accenture | Investor | Company | Ex-employees from Accenture have contributed to the investment in Origin. |