flexEngage

Orlando, United States Founded: 2010 • Age: 16 yrs Acquired By Klarna
Provider of personalized post-purchase communications solution for businesses
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About flexEngage

flexEngage is a company based in Orlando (United States) founded in 2010 was acquired by Klarna in April 2022.. flexEngage has raised $13.47 million across 9 funding rounds from investors including Synchrony, Klarna and Altair. The company has 26 employees as of December 31, 2022. flexEngage offers products and services including Digital Receipts and Printed Offers. flexEngage operates in a competitive market with competitors including Billtrust, SumUp, Paymentus, Vyapar and Microblink, among others.

  • Headquarter Orlando, United States
  • Employees 26 as on 31 Dec, 2022
  • Sectors
    Retail
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Flexreceipts Inc.
Operational Areas
Retail → Retail Technology & Automation
Technology → Marketing, Adtech & Commerce Technology
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $13.47 M (USD)

    in 9 rounds

  • Latest Funding Round
    $1.05 M (USD), Series A

    Jan 19, 2020

  • Investors
    Synchrony

    & 15 more

  • Employee Count
    26

    as on Dec 31, 2022

  • Acquired by
    Klarna

    (Apr 15, 2022)

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Products & Services of flexEngage

flexEngage offers a comprehensive portfolio of products and services, including Digital Receipts and Printed Offers. 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

Delivers personalized receipts to engage customers and reduce churn.

Provides printed promotions to retain customers after purchases.

People of flexEngage
Headcount 5000-10000
Employee Profiles 750
Board Members and Advisors 9
Employee Profiles
People
Lisa Björnberg
Global Head of Marketing Operations
People
Daniel Jontén
VP, Marketing
People
Genevieve Pecsok
Sr. Business Development Manager, Strategic Partnerships
People
Sebastian Siemiatkowski
CEO

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Board Members and Advisors
people
Sarah Smith
Board Member
people
Omid Kordestani
Board Member
people
Michael Moritz
Chairman
people
Lise Kaae
Board Member

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Funding Insights of flexEngage

flexEngage has successfully raised a total of $13.47M across 9 strategic funding rounds. The most recent funding activity was a Series A round of $1.05 million completed in January 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.

  • Total Funding
  • Total Rounds 9
  • Last Round Series A — $1.0M
  • First Round

    (14 Dec 2012)

  • Investors Count 15
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2020 Amount Series A - flexEngage Valuation Florida Funders
Dec, 2019 Amount Series A - flexEngage Valuation Bullpen Capital
Jun, 2016 Amount Debt – Conventional - flexEngage Valuation

investors

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 flexEngage

flexEngage has secured backing from 16 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Synchrony, Klarna and Altair. 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
Angel
Investor Description Founded Year Domain Location
Venture capital investments are provided to early-stage tech startups.
Founded Year Domain Location
Seed & early stage tech-focused venture capital firm investing in the US and Canada
Founded Year Domain Location
Seed and early-stage investments in US tech sectors are made.
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 flexEngage

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 - flexEngage

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

Flexengage Comparisons

Employees
+
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Competitors of flexEngage

flexEngage 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 Billtrust, SumUp, Paymentus, Vyapar and Microblink, 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
Invoice and payment management solutions are offered for small businesses.
domain founded_year HQ Location
Provider of mPOS solution and card reader for offline retailers
domain founded_year HQ Location
Comprehensive billing and payment solution provider
domain founded_year HQ Location
Cloud-based invoicing and inventory tools for small businesses are provided.
domain founded_year HQ Location
Platform offering card scanning apps-based consumer payments
domain founded_year HQ Location
Payment processing for bitcoin, e-checks, and credit cards is facilitated.
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 Flexengage

Frequently Asked Questions about flexEngage

When was flexEngage founded?

flexEngage was founded in 2010 and raised its 1st funding round 2 years after it was founded.

Where is flexEngage located?

flexEngage is headquartered in Orlando, United States. It is registered at Orlando, Florida, United States.

Is flexEngage a funded company?

flexEngage is a funded company, having raised a total of $13.47M across 9 funding rounds to date.

How many employees does flexEngage have?

As of Dec 31, 2022, the latest employee count at flexEngage is 26.

What does flexEngage do?

flexEngage was founded in 2010 in Orlando, United States, and operates in the customer engagement sector. Personalized transactional communications are provided through channels such as digital receipts, printed receipts, and order tracking notifications. Services are utilized by businesses in industries including grocery, pharmacy, and restaurants. Clients served include Under Armour, GNC, Aldo, and Oakley.

Who are the top competitors of flexEngage?

flexEngage's top competitors include SumUp, Paymentus and Billtrust.

What products or services does flexEngage offer?

flexEngage offers Digital Receipts and Printed Offers.

Who are flexEngage's investors?

flexEngage has 16 investors. Key investors include Synchrony, Klarna, Altair, Florida Funders, and Bullpen Capital.

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