Luvu Secures $500K Investment from Erhas to Enhance Its Employee Benefits Platform

Luvu, the employee-focused next-generation benefits platform, has secured an investment from Erhas. This move marks a significant step for Luvu in its vision to expand its solutions to a broader audience.

The investment, valued at $500,000, will not only boost Luvu’s platform but also leverage Erhas's extensive experience of over 20 years in the industry. Erhas, a key partner for employee and customer loyalty programs in Turkey, will integrate its wide product range with Luvu's dynamic and flexible platform to better meet user needs.

Serkan Kocaman, Co-Founder of Luvu, stated, "Our partnership with Erhas strengthens our mission to enhance employee engagement and satisfaction. Together, Luvu's flexible solutions and Erhas's expertise will set a new standard in employee experience."

Hülya Ermeç Hasbıyık, Managing Partner of Erhas, expressed enthusiasm about the collaboration, noting that it will enable companies of all sizes to implement simple and hassle-free flexible benefits programs aimed at boosting employee loyalty.

Luvu, having recently completed its closed beta phase successfully, plans to hold a series of events in October to showcase the benefits this partnership will bring to customers and users.

Source: Gözde Ulukan / WebRazzi