Cushon

Cushon operates a workplace savings and pensions platform focused on mobile access and sustainable investments.

London, UK—Website

£61.0MTotal raised

Cushon is a workplace savings fintech that uses mobile technology to offer app-first pensions and climate-friendly investments. The company integrates with payroll systems to help employers enhance the financial wellbeing of their workforce.

Founders

Ben Pollard

CEO and founder

Ben serves as founder and CEO of Cushon, and previously worked as an independent consultant and senior consultant at Tillinghast. He also chairs Pollards.

Investors

Series A20 January 2022
£35.0M
Augmentum FintechFollow-on
AC
AshGrove CapitalFollow-on
Series A2 June 2021
£26.0M
Augmentum FintechLead
AC
AshGrove Capital

Funding history

Series A20 January 2022

£35.0M

Cushon secures £35m Series A follow-on funding from Augmentum Fintech and AshGrove Capital to finance its latest acquisition and technology development.

The funding round was provided entirely by existing investors Augmentum Fintech and AshGrove Capital to support the acquisition of the Creative auto-enrolment scheme and scale operational capability.

Series A2 June 2021

£26.0M

Cushon raises £26m in Series A funding led by Augmentum Fintech and AshGrove Capital

Augmentum Fintech led the £6m equity raise alongside a £20m credit facility from AshGrove Capital to fund expansion and acquisitions.