About Flex
Flex is a company based in Miami (United States) founded in 2020 by Zaid Rahman.. Flex has raised $113.98 million across 6 funding rounds from investors including The Home Depot, Victory Park Capital Advisors and Community Investment Management. Flex has completed 1 acquisition, including Maza. Flex operates in a competitive market with competitors including Brex, BlueVine, Tide, Mercury and Novo, among others.
- Headquarter Miami, United States
- Founders Zaid Rahman
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Sectors
Real Estate & ConstructionFinancial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$113.98 M (USD)
in 6 rounds
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Latest Funding Round
$60 M (USD), Series B
Dec 04, 2025
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Investors
The Home Depot
& 13 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Funding Insights of Flex
Flex has successfully raised a total of $113.98M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $60 million completed in December 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 6
- Last Round Series B — $60.0M
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First Round
First Round
(01 May 2023)
- Investors Count 14
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2025 | Amount | Series B - Flex | Valuation | Portage | |
| Mar, 2025 | Amount | Debt – Conventional - Flex | Valuation |
investors |
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| Mar, 2025 | Amount | Series B - Flex | Valuation | Titanium Ventures |
| 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 |
Investors in Flex
Flex has secured backing from 14 investors, including venture fund and institutional investors. Prominent investors backing the company include The Home Depot, Victory Park Capital Advisors and Community Investment Management. 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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Blank check and private debt firm focused on multiple sectors
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Early-stage venture capital firm
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Flex
Flex has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Maza. 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.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Digital banking services for individuals are provided.
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2021 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Flex
| 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 |
Flex Comparisons
Competitors of Flex
Flex 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 Brex, BlueVine, Tide, Mercury and Novo, 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 |
SaaS-driven credit card and spend management solutions platform for businesses
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| domain | founded_year | HQ Location |
Digital bank for businesses
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| domain | founded_year | HQ Location |
Tide is recognized as a digital banking platform for businesses.
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| domain | founded_year | HQ Location |
Online business banking and financial workflow tools are provided.
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| domain | founded_year | HQ Location |
Casino sites are evaluated and reviewed by Novo.
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| domain | founded_year | HQ Location |
Accounting and bookkeeping solutions are provided for small businesses.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
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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Latest news on Flex
Frequently Asked Questions about Flex
When was Flex founded?
Flex was founded in 2020 and raised its 1st funding round 3 years after it was founded.
Where is Flex located?
Flex is headquartered in Miami, United States. It is registered at Miami, Florida, United States.
Who is the current CEO of Flex?
Zaid Rahman is the current CEO of Flex. They have also founded this company.
Is Flex a funded company?
Flex is a funded company, having raised a total of $113.98M across 6 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $200M, raised on May 01, 2023.
What does Flex do?
Flex was founded in 2020 and is headquartered in Miami, United States. As a digital bank in the fintech sector, operations focus on business banking through an online platform. Services provided include business accounts, debit cards, credit cards, and treasury management. An integrated solution for expense management is also available, covering control features, budgeting tools, and card-based options.
How many acquisitions has Flex made?
Flex has made 1 acquisition, including Maza.
Who are Flex's investors?
Flex has 14 investors. Key investors include The Home Depot, Victory Park Capital Advisors, Community Investment Management, Titanium Ventures, and Companyon Ventures.
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