About Flanks
Flanks is a company based in Viladecans (Spain) founded in 2018 by Alvaro Morales de Cano, Joaquim De la Cruz, and Sergi Lao.. Flanks has raised $25.35 million across 3 funding rounds from investors including Lanai Partners, Motive Partners and Battery Ventures. Flanks offers products and services including Flanks LUME, Flanks Aggregate, Flanks Boost, and Flanks Deliver. Flanks operates in a competitive market with competitors including WealthEngine, Ntropy, Bits Technology, MultiLynq and Rogo, among others.
- Headquarter Viladecans, Spain
- Founders Alvaro Morales de Cano, Joaquim De la Cruz, Sergi Lao
-
Sectors
Technology
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Flanks, Inc.
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$25.35 M (USD)
in 3 rounds
-
Latest Funding Round
$14.68 M (USD), Series B
Feb 26, 2025
-
Investors
Lanai Partners
& 7 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Flanks
Flanks offers a comprehensive portfolio of products and services, including Flanks LUME, Flanks Aggregate, Flanks Boost, and Flanks Deliver. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
All-in-one platform for aggregating and analyzing wealth data.
Tool for retrieving data from financial institutions worldwide.
Service to enrich and reconcile wealth data for accuracy.
Platform for creating customized wealth reports and visualizations.
Funding Insights of Flanks
Flanks has successfully raised a total of $25.35M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $14.68 million completed in February 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series B — $14.7M
-
First Round
First Round
(05 Oct 2021)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2025 | Amount | Series B - Flanks | Valuation | Motive Partners | |
| Oct, 2023 | Amount | Series A - Flanks | Valuation | Earlybird | |
| Oct, 2021 | Amount | Seed - Flanks | Valuation | JME Venture Capital , 4Founders Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Flanks
Flanks has secured backing from 8 investors, including venture fund and angel investors. Prominent investors backing the company include Lanai Partners, Motive Partners and Battery Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Private equity investments in financial services sector are facilitated.
|
Founded Year | Domain | Location | |
|
Investments in technology companies are conducted globally by Battery Ventures.
|
Founded Year | Domain | Location | |
|
Early-stage tech-focused VC firm funding companies in Europe and the US
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Flanks
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Flanks
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Flanks Comparisons
Competitors of Flanks
Flanks operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as WealthEngine, Ntropy, Bits Technology, MultiLynq and Rogo, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Wealth intelligence solutions are provided to non-profits and commercial organizations.
|
|
| domain | founded_year | HQ Location |
Financial data is enriched through an accurate API by Ntropy.
|
|
| domain | founded_year | HQ Location |
Open integration tools for aggregating financial data
|
|
| domain | founded_year | HQ Location |
Aggregation API solutions are provided to connect fixed income markets.
|
|
| domain | founded_year | HQ Location |
Rogo is focused on providing AI solutions for finance professionals.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Flanks
Frequently Asked Questions about Flanks
When was Flanks founded?
Flanks was founded in 2018 and raised its 1st funding round 3 years after it was founded.
Where is Flanks located?
Flanks is headquartered in Viladecans, Spain. It is registered at Viladecans, Catalonia, Spain.
Who is the current CEO of Flanks?
Joaquim De la Cruz is the current CEO of Flanks. They have also founded this company.
Is Flanks a funded company?
Flanks is a funded company, having raised a total of $25.35M across 3 funding rounds to date. The company's 1st funding round was a Seed of $2.67M, raised on Oct 05, 2021.
What does Flanks do?
Flanks was founded in 2018 in Viladecans, Spain, as a provider in the fintech sector focused on wealth management. A platform is utilized to consolidate data from financial institutions and client documents, where reconciliation and enrichment processes are applied. Customized reports are generated and accessed through online portals, APIs, or downloads, serving banks, family offices, and financial professionals to minimize manual efforts and enhance data accuracy for decision-making.
Who are the top competitors of Flanks?
Flanks's top competitors include Rogo, WealthEngine and Bits Technology.
What products or services does Flanks offer?
Flanks offers Flanks LUME, Flanks Aggregate, Flanks Boost, and Flanks Deliver.
Who are Flanks's investors?
Flanks has 8 investors. Key investors include Lanai Partners, Motive Partners, Battery Ventures, JME Venture Capital, and Earlybird.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.