Flash Benefits

Sao Paulo, Brazil Founded: 2018 • Age: 8 yrs
Prepaid cards for corporate expenses and benefits
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About Flash Benefits

Flash Benefits is a company based in Sao Paulo (Brazil) founded in 2018.. Flash Benefits has raised $22 million across 2 funding rounds from investors including Battery Ventures, Whale Rock Capital Management and Tiger Global. Flash Benefits has completed 1 acquisition, including FolhaCerta. Flash Benefits offers products and services including Gestão de Benefícios, Gestão de Pessoas, and Gestão de Despesas. Flash Benefits operates in a competitive market with competitors including Sodexo, Clara, Caju, Jeeves and Onze, among others.

  • Headquarter Sao Paulo, Brazil
  • Sectors
    Technology
    Travel & Hospitality Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Technology → Enterprise Software & Productivity Solutions
Travel & Hospitality → Hospitality & Travel Technology
Technology → Marketing, Adtech & Commerce Technology
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $22 M (USD)

    in 2 rounds

  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
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Products & Services of Flash Benefits

Flash Benefits offers a comprehensive portfolio of products and services, including Gestão de Benefícios, Gestão de Pessoas, and Gestão de Despesas. 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.

Primary

Platform for managing various employee benefit categories securely.

Complete system for handling employee lifecycle from hiring to development.

Tool for simplifying and tracking corporate expenses efficiently.

People of Flash Benefits
Headcount 500-1000
Employee Profiles 165
Employee Profiles
People
Robert Oliveira
Engenheiro De Software
People
Lorena Sabino Guedes
Software Engineer
People
Nicole Mansur
Senior Product Designer
People
Jacqueline Borda
Coordenador Comercial

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Funding Insights of Flash Benefits

Flash Benefits has successfully raised a total of $22M across 2 strategic funding rounds. 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 Rounds 2
  • Last Round
  • First Round

    (09 Jul 2021)

  • Investors Count 7
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2022 Amount Series C - Flash Benefits Valuation Battery Ventures , Whale Rock Capital Management
Jul, 2021 Amount Series B - Flash Benefits Valuation Tiger Global Management
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 Flash Benefits

Flash Benefits has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Battery Ventures, Whale Rock Capital Management and Tiger Global. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Investments in technology companies are conducted globally by Battery Ventures.
Founded Year Domain Location
Venture and private equity investments are managed with global diversification.
Founded Year Domain Location
Venture capital firm focused on early-stage startups
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 Flash Benefits

Flash Benefits has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include FolhaCerta. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
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
Acquisitions
Company Name Description Domain Location Founded Year Amount
Attendance management solution for approvals, scheduling, and overtime tracking.
2016
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Flash Benefits

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Flash Benefits Comparisons

Employees
+
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Competitors of Flash Benefits

Flash Benefits 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 Sodexo, Clara, Caju, Jeeves and Onze, 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
Employee benefits payment cards are provided via an online platform.
domain founded_year HQ Location
Meetings are scheduled using AI by adding Clara to emails.
domain founded_year HQ Location
Corporate cards and employee benefits are provided for companies.
domain founded_year HQ Location
Payment and corporate financial cards are provided digitally by Jeeves.
domain founded_year HQ Location
Fintech platform for employee benefits management
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 Flash Benefits

Frequently Asked Questions about Flash Benefits

When was Flash Benefits founded?

Flash Benefits was founded in 2018 and raised its 1st funding round 3 years after it was founded.

Where is Flash Benefits located?

Flash Benefits is headquartered in Sao Paulo, Brazil.

Is Flash Benefits a funded company?

Flash Benefits is a funded company, having raised a total of $22M across 2 funding rounds to date. The company's 1st funding round was a Series B of $22M, raised on Jul 09, 2021.

What does Flash Benefits do?

Prepaid cards for corporate expenses and benefits. It provides tools for expense management, money transfers, and more. It can be used for services such as meal payments, travel expenses, and more. It also offers an app-based platform that is available on iOS and Android devices.

Who are the top competitors of Flash Benefits?

Flash Benefits's top competitors include Sodexo, Jeeves and Caju.

What products or services does Flash Benefits offer?

Flash Benefits offers Gestão de Benefícios, Gestão de Pessoas, and Gestão de Despesas.

How many acquisitions has Flash Benefits made?

Flash Benefits has made 1 acquisition, including FolhaCerta.

Who are Flash Benefits's investors?

Flash Benefits has 7 investors. Key investors include Battery Ventures, Whale Rock Capital Management, Tiger Global, Global Founders Capital, and Kauffman Fellows.

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