About Flex
Flex is a company based in San Jose (United States) founded in 1969.. The company has 147,980 employees as of March 31, 2024. Flex has completed 8 acquisitions, including AGM Automotive, Anord Mardix and FreeFlow. Flex operates in a competitive market with competitors including Foxconn Electronics, Celestica, Wistron, Huaqin and Sanmina, among others.
- Headquarter San Jose, United States
- Employees 147980 as on 31 Mar, 2024
- Stage Public
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Sectors
Industrial Goods & Manufacturing
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Flex Ltd.
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Annual Revenue
$25.81 B-2.28as on Mar 31, 2024
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Net Profit
$838 M-16.7as on Mar 31, 2024
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EBITDA
$1.76 B15.6as on Mar 31, 2024
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Latest Funding Round
$570.71 K (USD), Grant
Sep 01, 2017
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Investors
European Union
& 3 more
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Employee Count
147980
as on Mar 31, 2024
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Investments & Acquisitions
AGM Automotive
& 7 more
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IPO & Listings of Flex
Flex is a publicly listed company on the NASDAQ with ticker symbol FLEX in USA, operating in the Electronic technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
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Software Development Team
231 people
Leadership Team
147 people
Senior Team
48 people
Operations Team
45 people
Sales and Marketing
42 people
Finance and Accounting
39 people
Human Resources and Administration
28 people
Product Management Team
26 people
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Funding Insights of Flex
- Total Funding Total Funding
- Total Rounds 5
- Last Round Grant — $570,707
- First Round First Round
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2017 | Amount | Grant - Flex | Valuation |
investors |
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| Nov, 2010 | Amount | Grant - Flex | Valuation |
investors |
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| Mar, 2003 | Amount | Post-IPO - Flex | Valuation |
investors |
| 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 4 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union, Silver Lake and Sequoia Capital. 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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Technology investing and private equity firm focused on partnerships.
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Founded Year | Domain | Location | |
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Sequoia Capital is engaged in venture capital investments.
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Founded Year | Domain | Location | |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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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 8 companies. Notable acquisitions include AGM Automotive, Anord Mardix and FreeFlow. 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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Developer of direct-to-chip liquid cooling modules for high-power electronics
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2019 | ||||
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Internet-first brand of wearable devices
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2013 | ||||
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Provider of inventory management solutions to wireless and consumer electronics companies
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2002 |
| 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 Foxconn Electronics, Celestica, Wistron, Huaqin and Sanmina, 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 |
Electronic products and components are manufactured globally by Foxconn.
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| domain | founded_year | HQ Location |
End-to-end product lifecycle solutions and services
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| domain | founded_year | HQ Location |
Communication technology products and services are provided globally by Wistron.
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| domain | founded_year | HQ Location |
Smart hardware and vehicle electronics are manufactured on contract.
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| domain | founded_year | HQ Location |
Manufacturer and supplier of electrical and electronic components to OEMs and aftermarket
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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 1969 and raised its 1st funding round 24 years after it was founded.
Where is Flex located?
Flex is headquartered in San Jose, United States. It is registered at San Jose, California, United States.
How many employees does Flex have?
As of Mar 31, 2024, the latest employee count at Flex is 147,980.
What is the annual revenue of Flex?
Annual revenue of Flex is $25.81B as on Mar 31, 2024.
What does Flex do?
The company was founded in 1969 and is headquartered in San Jose, United States. Operations span industries including automotive, consumer, energy, industrial, building and housing, and LED lighting. Services such as concept designing, prototype creation, advanced engineering, intellectual property protection, additive manufacturing, supply chain management, and logistics are delivered. In 2022, annual revenues of 29.72 billion were achieved, alongside a net profit of 0.82 billion.
Who are the top competitors of Flex?
Flex's top competitors include Foxconn Electronics, Huaqin and Dixon Technologies.
Is Flex publicly traded?
Yes, Flex is publicly traded on NASDAQ under the ticker symbol FLEX.
How many acquisitions has Flex made?
Flex has made 8 acquisitions, including AGM Automotive, Anord Mardix, and FreeFlow.
Who are Flex's investors?
Flex has 4 investors. Key investors include European Union, Silver Lake, Sequoia Capital, and OSTI.GOV.
What is Flex's ticker symbol?
The ticker symbol of Flex is FLEX on NASDAQ.
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