Amba raises funds to extend development of ESG employee engagement portal

Amba

We are very excited about this innovative new chapter here at Amba. Read the official announcement below:

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

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.

If you’d like to find out if this could be the right solution for your employees or are interested in Lumina® ; book a free, no-obligations demo of our platform today.  

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About Amba

Amba’s purpose is to empower employers to nurture their employees. Through Lumina, employers can offer employee benefits that do good – for people and planet. Gen Z and Millennial employees make up more than 50% of the workforce and their employer needs to match their values in order to attract and retain top talent. Lumina can include a range of benefits, from Net Zero pensions and carbon offsetting to electric cars and on-demand counselling.

About Premier Choice Healthcare

PCH is a specialist healthcare intermediary providing a full suite of health insurance, group risk and protection products, including private medical, dental, income replacement, business protection and term assurance, to SMEs and individuals.

The company, founded in 1996, has built a strong reputation in the healthcare marketplace and now controls around £70m of GWP. It is based in Towcester, Northamptonshire, and has 36 employees.

In June 2020 it was acquired by GRP as the Group’s healthcare hub.