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Flex Raises $120 Million In Equity And Debt, Launching Finance Super App For Business Owners

PUBLIC · FLEXSep 19, 2023

Amount Raised

$120 Million

Round Type

Venture

AustinManufacturing

Investors

Home Depot VenturesCompanyon VenturesMs&Ad VenturesFlorida FundersCimFlexbase

Description

Flex, formerly known as Flexbase, today announced the closing of a $120M Series A debt and equity funding round, which includes debt financing from CIM with an agreement to fund up to $100M, and $20M in equity capital led by Florida Funders with participation from Home Depot VenturesTM, MS&AD Ventures, Companyon Ventures and others. In addition to the funding news, the company has launched its Flex Credit Card, Flex Banking and finance super app for business owners to streamline the finance back office of businesses and accelerate their growth.

Quick answer

Flex Ltd raised $120 Million in a funding round, dated September 19, 2023. Investors: Home Depot Ventures, Companyon Ventures, Ms&Ad Ventures, Florida Funders, Cim and Flexbase. Flex Ltd is based in Austin, Texas, United States.

How much did Flex Ltd raise?
Flex Ltd raised $120 Million in a funding round on September 19, 2023.
Who invested in Flex Ltd?
Home Depot Ventures, Companyon Ventures, Ms&Ad Ventures, Florida Funders, Cim and Flexbase are named as investors in this round.
What does Flex Ltd do?
Flex Ltd. is a global leader in manufacturing and technology services, specializing in flexible and innovative solutions across various sectors.
Where is Flex Ltd based and how big is it?
Flex Ltd is based in Austin, Texas, United States. Fundz records about 149,686 employees.
Who are the decision-makers at Flex Ltd?
Fundz holds 2 contacts at Flex Ltd, including the Account Executive. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Manufacturing around the same time

Companies in the same sectors as Flex Ltd that raised within 45 days of this round, from Fundz verified event records.

  • Workers First raised $50K (Pre-Seed) on November 3, 2023.
  • Talus Renewables raised $22M (Series A) on November 2, 2023.
  • Genezen raised $19M (Private Equity) on November 2, 2023.
  • WEG raised $100K (Seed) on November 2, 2023.
  • Voxel Innovations raised $4.2M (Seed) on November 2, 2023.
  • Voxel Innovations raised $240K (Seed) on November 2, 2023.

Who to call at Flex Ltd, and when

A new round usually means Flex Ltd is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Flex Ltd

Location

Austin, Texas, United States

About

Flex Ltd. is a global leader in manufacturing and technology services, specializing in flexible and innovative solutions across various sectors. The company focuses heavily on high-margin segments such as data centers, propelled by significant demand for AI and cloud computing infrastructure. With a robust financial structure, Flex is well-positioned to capitalize on growth opportunities and enhance its operational capabilities. Its advanced digital transformation initiatives underscore its commitment to leveraging technology for efficiency and scalability.

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Related People

2 contacts
Verified contactsBrian M., Account ExecutiveSee plans and pricing
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Flex Ltd raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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