About Storm Benefits
Storm Benefits is a Technology company based in Pasig (Philippines) founded in 2005, and was acquired by Xurpas in February 2015. Unused leaves are converted into Flexpoints for employee benefits redemption. The company was acqui-hired. Its focus areas include Enterprise Applications, HRTech, Employee Engagement and Employee Perks.
Company details
Storm Benefits was founded in 2005 in Pasig, Philippines, and operates in the employee benefits sector. The Flexben platform is utilized by the company to enable conversion of unused sick or vacation leaves into Flexpoints. These points are redeemable for items such as gadgets, investments, and services from partnered retailers. A controlling stake in the company was acquired by Xurpas in September 2015.
- Headquarters Pasig, Philippines
- Stage Acquired
- SectorsTechnology
- Website stormbenefits.com
- Social LinkedIn X Facebook
- Acquired by Xurpas (Feb 2015)
Investors in Storm Benefits
Storm Benefits has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Xurpas.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Mobile consumer content and services are created and developed. | 2001 | xurpasgroup.com | Makati, Philippines |
Investor details for Storm Benefits
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- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
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Timeline of Storm Benefits
2 dated milestones of Storm Benefits across 10 years, from founding to its latest funding, stage changes and deals.
- Founded Storm Benefits is founded.
- Exit Acquired by Xurpas.
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Frequently Asked Questions about Storm Benefits
Storm Benefits was founded in 2005.
Storm Benefits is headquartered in Pasig, Philippines. It is registered at Pasig, National Capital Region, Philippines.
Storm Benefits was founded in 2005 in Pasig, Philippines, and operates in the employee benefits sector. The Flexben platform is utilized by the company to enable conversion of unused sick or vacation leaves into Flexpoints. These points are redeemable for items such as gadgets, investments, and services from partnered retailers. A controlling stake in the company was acquired by Xurpas in September 2015.
Storm Benefits has 1 investor. Key investors include Xurpas.
Yes. Storm Benefits was acquired by Xurpas in February 2015.