About Flux
Flux is a company based in Balaclava (Australia) founded in 2020 by Justin Joffe, Brett Joffe, and Gustavo Hoirisch. It operates as a FinTech and Freemium. Flux has raised $875 thousand across 2 funding rounds from investors including Startmate, Ruslan Kogan and Gabby Leibovich. Flux offers products and services including Flux App, Flux Podcast, and Flux Offers. Flux operates in a competitive market with competitors including OneScore, Clear Score, SkorLife, CreditMantri and Credit Information Bureau, among others.
- Headquarter Balaclava, Australia
- Founders Justin Joffe, Brett Joffe, Gustavo Hoirisch
- SectorsTechnologyFinancial Services
- Email••••••••
- Website flux.finance
- Social LinkedIn X Facebook Instagram
- Legal Name Flux Technologies Pty Ltd
- Total Equity Funding$875K (USD)
in 2 rounds
- Latest Funding Round$800K (USD), Seed
Oct 2021
- InvestorsStartmate
& 3 more
Products & Services of Flux
Flux offers a comprehensive portfolio of products and services, including Flux App, Flux Podcast, and Flux Offers.
Financial app for budgeting and credit score tracking.
Podcast providing financial tips and business news.
Offers on savings accounts and credit cards.
Apps and channels of Flux
Flux publishes 1 mobile app with over 10K+ downloads.
Funding Insights of Flux
Flux has successfully raised a total of $875K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $800 thousand completed in October 2021. 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 $875,000
- Total Rounds 2
- Last Round Seed — $800,000
- First Round $75,000
(Oct 2021)
- Investors Count 4
All 2 funding rounds of Flux with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2021 | $800,000 | Seed | – | Ruslan Kogan, Gabby Leibovich | – |
| Oct 2021 | $75,000 | Seed | – | – |
4 investors in total: 1 institutional and 3 angel.
Investors in Flux
Flux has secured backing from 4 investors, including venture fund and angel investors. Prominent investors backing the company include Startmate, Ruslan Kogan and Gabby Leibovich.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Startmate is recognized as a leading startup accelerator in ANZ. | 2010 | startmate.com | Sydney, Australia | |
RK Ruslan Kogan | - | – | unknown_90cb9842338146338 | - |
GL Gabby Leibovich | - | – | unknown_dfb825e110b1477b9 | - |
HL Hezi Leibovich | - | – | unknown_72f8dde0d1b74622a | - |
Investor details for Flux
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Flux
3 people are tracked at Flux (3 in leadership).
| Name | Role | Group |
|---|---|---|
Justin Joffe | Co-Founder | Leadership |
Brett Joffe | Co-Founder | Leadership |
Gustavo Hoirisch | Co-Founder & CTO | Leadership |
Complete people profiles for Flux
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Flux
3 dated milestones of Flux across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Flux is founded.
- Funding First funding round of $75K.
- Funding Latest funding round, Seed, of $800K.
Competitors of Flux
Flux 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 OneScore, Clear Score, SkorLife, CreditMantri and Credit Information Bureau, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| onescore.app | 2019 | Pune, India | $14.5M | 974 | Free credit scores and personalized improvement insights are provided. | |
| clearscore.com | 2015 | London, United Kingdom | $294.37M | 193 | Credit scores and reports are accessed by individuals online. | |
| skorlife.com | 2021 | Jakarta, Indonesia | $12.4M | – | Developer of a platforms offering credit score checks | |
| creditmantri.com | 2012 | Chennai, India | $14.28M | 356 | Credit scores are accessed and analyzed via an app-based platform. | |
| cibil.com | 2000 | Mumbai, India | $19.1M | 867 | Credit scoring data and customer information provider | |
| experian.in | 2006 | Mumbai, India | – | 1,736 | Credit information and analytical tools are provided for risk management. | |
| fello.in | 2020 | Bengaluru, India | $5.18M | – | App-based savings and investment platform is provided for individuals. | |
| blast.com | 2018 | Newport Beach, United States | $12M | – | Gamification company | |
| wemoney.com.au | 2020 | Australia | $19.68M | – | Financial wellness app developed to assist with debt management. |
Detailed competitors of Flux
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Flux
The website of Flux (flux.finance) receives about 9.3K visits a month.
- Monthly visits9.3K
▲ 33.3% vs previous month
Websites whose visitors overlap most with Flux. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| bankingday.com | 100% | – | #1,841,835 | View details | |
| stockhead.com.au | 73% | 301.4K | #216,912 | View details | |
| 1835i.com | 47% | – | – | View details |
Similar companies to Flux
10 companies that operate in the same segment as Flux (Investment & Financial Technology), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Commission-free trading and investment services are provided by Robinhood. | 2013 | Menlo Park, California, United States | USD 5.73 B | USD 2.98 B | 2,300 | |
Online exchange platform for cryptocurrency | 2017 | Ta Xbiex, Malta | USD 2.02 B | – | – | |
Online social trading platform for cryptocurrency, stocks, ETFs, and CFDs | 2007 | Tel Aviv, Israel | USD 422.94 M | USD 925.73 M | – | |
Financial data and investment advisory tools are offered online. | 1984 | Chicago, Illinois, United States | USD 91 M | USD 351.25 K | 6 | |
App-based brokerage stock trading platform | 1996 | Mumbai, Maharashtra, India | USD 38.41 M | USD 548.9 M | 3,830 | |
App-based platform for spare change investment | 2012 | Irvine, California, United States | USD 587.84 M | – | – | |
Smart investment portfolios are offered via an online platform. | 2015 | Bengaluru, Karnataka, India | USD 121.05 M | USD 635.51 K | 231 | |
App-based automated investment and retirement planning platform | 2010 | New York, New York, United States | USD 335 M | – | – | |
Money Forward is engaged in providing financial technology solutions. | 2012 | Minato, Tokyo, Japan | USD 42.9 M | USD 322.51 M | 2,600 | |
Wealth management solutions are delivered for investment advisors. | 2009 | Mountain View, California, United States | USD 759.1 M | – | – |
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Frequently Asked Questions about Flux
Flux was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Flux is headquartered in Balaclava, Australia. It is registered at Balaclava, Victoria, Australia.
Flux is a funded company, having raised a total of $875K across 2 funding rounds to date. The company's 1st funding round was a Seed of $75K, raised on Oct 2021.
Flux is engaged in providing financial technology solutions through a mobile app that gamifies personal finance management. Services are offered in the financial sector, targeting Australian users with tools for budgeting, credit health monitoring, and financial education. Various financial products like savings accounts, credit cards, and loans are promoted. Additionally, educational content through podcasts and videos is provided to enhance users financial knowledge.
Flux's top competitors include OneScore, SkorLife and Clear Score.
Flux offers Flux App, Flux Podcast, and Flux Offers.
Flux has 4 investors. Key investors include Startmate, Ruslan Kogan, Gabby Leibovich, and Hezi Leibovich.
Flux operates through Flux Technologies Pty Ltd.
Yes. Flux publishes Flux, with over 10,000 downloads.