Flex Applications

Founded: 1990 • Age: 36 yrs Acquired By Visma
Cloud-based HRMS platform is provided for enterprise personnel management.

About Flex Applications

Flex Applications is a company founded in 1990 was acquired by Visma in November 2022.. Flex Applications offers products and services including Staffing System, Time Reporting, Travel & Expenses, Payroll System, and HR Support. Flex Applications operates in a competitive market with competitors including Workday, Kronos, Darwinbox, People Strong and Paylocity, among others.

  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
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  • Legal Name Flex Applications Sverige Ab
Operational Areas
Technology → Enterprise Software & Productivity Solutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Visma

    (Nov 08, 2022)

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Products & Services of Flex Applications

Flex Applications offers a comprehensive portfolio of products and services, including Staffing System, Time Reporting, Travel & Expenses, Payroll System, and HR Support. 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

Tool for efficient scheduling and online employee communication

System for tracking attendance and project time accurately

App for quick receipt scanning and expense reporting

Automated tool for wage processing and tax handling

Platform for onboarding, appraisals, and employee data management

Funding Insights of Flex Applications

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 Flex Applications

Flex Applications has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Visma. 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
Institutional
Investor Description Founded Year Domain Location
Cloud-based ERP software is provided for business management across segments.
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 Flex Applications

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

Financial Statements - Flex Applications

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

Flex Applications Comparisons

Employees
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Competitors of Flex Applications

Flex Applications 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, Darwinbox, People Strong and Paylocity, 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
Cloud-based HR and financial software is delivered to enterprises.
domain founded_year HQ Location
HCM software solutions for enterprise workforce management are provided.
domain founded_year HQ Location
Human capital management platform is provided for HR process automation.
domain founded_year HQ Location
Cloud-based human resource management software is offered.
domain founded_year HQ Location
Cloud-based payroll and HR solutions are provided for businesses.
domain founded_year HQ Location
Cloud-based human capital management software is provided for enterprises.
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 Flex Applications

Frequently Asked Questions about Flex Applications

When was Flex Applications founded?

Flex Applications was founded in 1990.

What does Flex Applications do?

Flex Applications was founded in 1990. A cloud-based human resource management system is offered to enterprises for centralized personnel handling. Functions such as attendance tracking, leave administration, compensation oversight, time monitoring, project organization, shift allocation, recruitment planning, travel coordination, expense control, and report creation are supported. Payroll outsourcing is also handled as a service.

Who are the top competitors of Flex Applications?

Flex Applications's top competitors include Workday, SuccessFactors and GreytHR.

What products or services does Flex Applications offer?

Flex Applications offers Staffing System, Time Reporting, Travel & Expenses, Payroll System, and HR Support.

Who are Flex Applications's investors?

Flex Applications has 1 investor. Key investors include Visma.

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