About Flare HR
Flare HR is a company based in Australia founded in 2015 was acquired by MYOB in September 2022. It operates as a SaaS (Software-as-a-Service), and Subscription Services. Flare HR offers products and services including Flare Benefits, Flare Cars, and Digital Onboarding. Flare HR operates in a competitive market with competitors including Workday, Kronos, People Strong, Paylocity and Ceridian, among others.
- Headquarter Australia
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Flare Hr
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Products & Services of Flare HR
Flare HR offers a comprehensive portfolio of products and services, including Flare Benefits, Flare Cars, and Digital Onboarding. 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.
Employee benefits are managed through a mobile app.
Novated leasing services are provided for employee cars.
Digital onboarding solutions are offered for new employees.
Funding Insights of Flare HR
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Flare HR
Flare HR has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include MYOB. 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 |
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Cloud-based accounting and ERP software is provided for businesses.
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Flare HR
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Flare HR
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Flare Hr Comparisons
Competitors of Flare HR
Flare HR 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 Workday, Kronos, People Strong, Paylocity and Ceridian, 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 |
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| domain | founded_year | HQ Location |
Cloud-based HR and financial software is delivered to enterprises.
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HCM software solutions for enterprise workforce management are provided.
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| domain | founded_year | HQ Location |
Cloud-based human resource management software is offered.
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| domain | founded_year | HQ Location |
Cloud-based payroll and HR solutions are provided for businesses.
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Cloud-based human capital management software is provided for enterprises.
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Cloud-based human capital management software is delivered globally.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Flare HR
When was Flare HR founded?
Flare HR was founded in 2015.
Where is Flare HR located?
Flare HR is headquartered in Australia.
What does Flare HR do?
Flare HR is engaged in offering HR solutions through a free employee benefits platform. Services are provided across various sectors including talent management, education, and healthcare. Digital onboarding software and novated leasing for cars are also included in the solutions offered. The platform is designed to attract, engage, and retain talent for businesses of all sizes, from SMEs to enterprises. Integration with over 30 HRIS and payroll platforms is supported to ensure seamless operation within existing systems.
Who are the top competitors of Flare HR?
Flare HR's top competitors include Workday, SuccessFactors and GreytHR.
What products or services does Flare HR offer?
Flare HR offers Flare Benefits, Flare Cars, and Digital Onboarding.
Who are Flare HR's investors?
Flare HR has 1 investor. Key investors include MYOB.
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