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Flex

Flex

Private
San Francisco, CaliforniaFinTechhttps://withflex.com

Last Round

Series A

Sep 2, 2025

Est. Valuation

$48.52M

Total Funding Raised

$18.2M

Momentum

Top 25%

of companies Caplight tracks

Company Overview

Flex operates in FinTech and is based in San Francisco, California. Its latest recorded funding round was a Series A round in September 2025.

Flex is a fintech company that provides a payment infrastructure platform enabling health and wellness businesses to accept Health Savings Account (HSA) and Flexible Spending Account (FSA) payments online.

Sector

FinTech

Verticals

Digital Payments, E-commerce, Compliance, Telemedicine

Business Model

B2B2C

Customer Profile

Payment Processing Fee, Marketplace Commission, Subscription SaaS

AI Layer

Non-AI

Historical Pricing

Historical view of private secondary pricing and transaction trends.

Pricing history

Caplight clients see full MarketPrice™ history and secondary transactions.

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

Momentum history

Caplight clients track how buyer interest and sentiment change over time.

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Flex Comparables

Compare Flex with similar companies based on industry and business-model similarity.

Flex comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
TrueMed
92%
Sika Health
86%
Gale
83%
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Flex Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series ASep 2, 2025
SeedSep 4, 2024
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Key People

Founding team and executive leadership

Miguel Toledo

Co-Founder & CTO

Founding Team

Sam OKeefe

Co-Founder & CEO

Founding Team

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Flex Investors

Notable investors and investment history

Flex investors
InvestorRounds
SV AngelSeed, Series A
Rethink ImpactSeries A
Precursor VenturesSeed, Series A
First Round CapitalSeries A
Y CombinatorSeed, Series A
Liquid 2 VenturesSeed, Series A
Core Innovation CapitalSeries A
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Market signals

Structured signals derived from secondary market and firmographic data.

  • Jul 30, 2026

    Grew 18% QoQ, from 44 to 52 employees.

  • Jul 24, 2026

    Monthly visitors increased 41% MoM.

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Recent news

Latest coverage and updates

  • partners_withAug 18, 2026

    Flex partners with Evo Hotel to let eligible customers use HSA/FSA funds at online checkout and in retail stores for qualifying outdoor purchases, including select bikes and footwear, in California on Aug 18th '26.

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Flex Filings

Explore SEC and related filing metadata, where available.

Flex filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

Filing documents are not displayed on this public page. Request access to learn about available coverage.

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Frequently Asked Questions

Common questions about Flex's valuation, stock price, and market status.

Is Flex a public or private company?

Flex is a private company.

What is the current stock price of Flex?

Flex is a private company, so its shares have no public market price. Caplight tracks Flex's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.

How much is Flex worth (valuation)?

Flex's valuation is estimated at $48.5M based on funding round data.

Can I buy Flex stock?

Flex shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.

When was Flex's last funding round?

Flex's most recent funding round was Series A on September 2, 2025.

Who are the main investors in Flex?

Key investors in Flex include First Round Capital, Core Innovation Capital.

Will Flex IPO soon?

No public IPO plans have been announced for Flex.

How can I track Flex secondary market activity?

Caplight tracks bids, offers, and trades in Flex's shares on secondary markets.

Firmographic Details

HeadquartersSan Francisco, California
Employee Range36
Year Founded2023
Last FundingSep 2, 2025

Institutional Data Access

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