AI Startup Flex Raises $60 Million to Offer Finance Tools for Mid-Sized Businesses

AI startup Flex raises $60 million to offer finance tools for mid-sized businesses

Flex, an artificial intelligence startup that aims to be a one-stop shop for the financial needs of mid-sized business owners, said on Thursday it has raised $60 million in a Portage Ventures-led funding round.Read MoreThe post AI startup Flex raises $60 million to offer finance tools for mid-sized businesses first appeared on The Who Dat Daily.

Flex Raises $60M Series B To Scale AI-Native Finance

Most middle-market business owners manage complex companies, significant personal assets, and multi-entity financial lives. Yet the tools available to them have historically been built for someone else: Either small businesses with basic needs, or large enterprises with deep operational teams. That gap is where Flex has built its edge. The company’s mission is to give these

Flex Raises $60m Series B to Scale Its “Private Bank” for High-Net-Worth Business Owners - Tech

Flex has raised $60 million in new equity funding to support the growth of its finance platform used by high-net-worth business owners across the United States.  The fresh round, which was led by Portage, boosts the company’s total equity funding to $105 million and comes after a quick climb in Flex’s numbers over the past year.  Revenue has surged, and annual payments flowing through the platform have jumped to $3 billion. The company says more…

Flex Raises $60 Million and Launches Mid-Market-Focused Card

Middle-market business-focused finance platform Flex raised $60 million in Series B funding. Flex’s annualized total payments volume has grown from $1 billion to $3 billion this year, according to a Thursday (Dec. 4) press release. “Traditional FinTech platforms have focused either on micro-businesses or sophisticated enterprises,” the release said. “Flex serves the segment in between—the high net-worth middle-market business owner gen…

Flex raises $60m Series B to scale AI private bank

Flex, the AI-native private banking platform for high net worth middle-market business owners, has secured $60m in a Series B equity round led by Portage, bringing its total equity raised to $105m. The round also had participation from CrossLink Capital, Spice Expedition, Titanium Ventures, Wellington, Companyon Ventures, Florida Funders, FirstLook Partners, Tusk Venture Partners and […]

Flex Raises $60m to Scale Finance Platform

By Aduragbemi Omiyale A $60 million Series B equity round has been completed by a financial technology (fontech) company, Flex, to scale its all-in-one business and personal finance platform for high-net-worth middle-market business owners. The funding round was led by Portage, with participation from CrossLink Capital, Spice Expedition, Titanium Ventures, Wellington, Companyon Ventures, Florida Funders, […]