About FlareHR
FlareHR is a company based in Sydney (Australia) founded in 2015 was acquired by MYOB in September 2022. FlareHR has raised $37.85 million across 4 funding rounds from investors including Westpac, MYOB and Acorn Capital. FlareHR offers products and services including Flare Benefits, Flare Cars, and Onboarding Software. FlareHR operates in a competitive market with competitors including Gusto, Paycor, ADP, Paychex and TriNet, among others.
- Headquarter Sydney, Australia
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Technology
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Products & Services of FlareHR
FlareHR offers a comprehensive portfolio of products and services, including Flare Benefits, Flare Cars, and Onboarding Software.
App for employee discounts and savings on everyday expenses.
Service for vehicle leasing through salary packaging options.
Digital platform for quick and compliant employee onboarding.
People of FlareHR
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Funding Insights of FlareHR
FlareHR has successfully raised a total of $37.85M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $15.46 million completed in November 2020. 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.
Investors in FlareHR
FlareHR has secured backing from 9 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Westpac, MYOB and Acorn Capital.
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Early-stage Australian tech companies are invested in by Reinventure Group.
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BridgeLane is operated as a single family office for investments.
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Venture capital fund focused on seed to growth stage fintech, deep tech, and enterprise tech companies
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Investor details for FlareHR
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Investments & Acquisitions by FlareHR
Investment portfolio details for FlareHR
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Financial Statements - FlareHR
Detailed financials for FlareHR
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Flarehr Comparisons
Peer comparison for FlareHR
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Competitors of FlareHR
FlareHR 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 Gusto, Paycor, ADP, Paychex and TriNet, among others.
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Cloud-based HR and payroll solutions are offered for small businesses.
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Cloud-based HRMS platform is provided for small and medium-sized businesses.
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Cloud-based HR management solutions are offered for payroll and compliance.
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Cloud-based HRMS solutions are delivered for payroll and employee management.
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Cloud-based HRMS platform is offered for small and medium businesses.
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Cloud-based HRMS platform is offered for small and medium-sized businesses.
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Detailed competitors of FlareHR
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Latest news on Flarehr
Complete news archive for FlareHR
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Frequently Asked Questions about FlareHR
FlareHR was founded in 2015 and raised its 1st funding round 1 year after it was founded.
FlareHR is headquartered in Sydney, Australia. It is registered at Sydney, New South Wales, Australia.
FlareHR is a funded company, having raised a total of $37.85M across 4 funding rounds to date.
FlareHR was founded in 2015 in Sydney, Australia, within the software industry focused on human resources. Cloud-based solutions are offered to enterprises for managing HR activities, including employee engagement via culture promotion, training management, compliance tracking, centralized record keeping, onboarding, and offboarding processes. Operations are conducted through a subscription-based pricing model to support various HR functions.
FlareHR offers Flare Benefits, Flare Cars, and Onboarding Software.
FlareHR has 9 investors. Key investors include Westpac, MYOB, Acorn Capital, Reinventure Group, and BridgeLane.