Alleo

Alleo, presented on its website as "Alleo by Epassi", operates a platform and mobile app for flexible employee benefits and compensation in the Netherlands. Employees receive a flexible or vitality budget and assemble a personal package from a marketplace of more than 300 options spanning health, daily expenses, fixed costs, leisure and mobility — including gym memberships, coaching, culture, groceries, extra holiday days and bicycle schemes. The company positions the offering around three package types: Flex sports (access to more than 5,000 gyms and flexible sporting options), Flex vitaal (an all-in-one solution for physical, mental and financial health across life stages) and Flex benefits (employee-selected terms of employment from the full catalogue).

The platform is designed to serve three audiences within a client organisation: employees, who use a single marketplace and app that can be delivered in the employer's own visual identity; HR, which is offered administration and full handling of the benefits programme; and finance, which is offered control and cost savings without additional paperwork. Alleo states that it integrates with a broad range of HR and payroll platforms so that data management stays current within systems clients already use.

Business model

Alleo sells its benefits platform to employers, which fund employee benefit and vitality budgets that staff spend through the Alleo app and marketplace; the app can be white-labelled in the client's corporate identity, and packages (Flex sports, Flex vitaal, Flex benefits) are configured per organisation.

Traction

The company states that more than 5,000 employers, covering 2,000,000 working people in the Netherlands, have access to Alleo, that benefits usage is up more than 60%, and that it holds an average rating of 4.6 out of 5.