Coverflex is the flexible solution for compensation, managing benefits, discounts and insurance while making it easy for companies and people to make the most of what they get.
Location: India, Gujarat, Mahesana
Employees: 11-50
Total raised: $22.49M
Founded date: 2019
Investors 3
| Date | Name | Website |
| - | Newzone | newzone.vc |
| - | Shilling C... | shilling.v... |
| - | Start Vent... | startventu... |
Funding Rounds 2
| Date | Series | Amount | Investors |
| 06.02.2023 | Series A | $16.48M | - |
| 14.04.2021 | Pre-Seed | $6.02M | - |
Mentions in press and media 14
| Date | Title | Description |
| 30.05.2024 | Portugal's tech ecosystem: Innovation amidst Tradition | Amidst a backdrop of rich culture and scenic beauty, Portugal has emerged as a dynamic hub for entrepreneurial ventures, drawing in visionaries, investors, and talent from around the globe. Supported by a network of incubators, accelerators... |
| 13.03.2023 | Il mercato del Venture Capital a febbraio 2023 | Come è andato il mercato del Venture Capital a febbraio 2023? Partiamo subito da qualche dato. Gli investimenti in VC (venture capital) in Europa a febbraio 2023 ammontano a 423 milioni di euro, registrando una leggera flessione rispetto ai... |
| 07.03.2023 | Coverflex stretches into the Italian market, acquiring buoni pasto and welfare platform EatsReady | Today European corporate HRtech startup Coverflex has announced its complete acquisition of Italian digital-only meal solution company EatsReady. As you sit with your microwaved leftovers for lunch, it might surprise you that Italian compan... |
| 06.02.2023 | Coverflex Raises €15M in Series A Funding | Coverflex, a Portuguese HRtech startup, raised €15m in Series A funding. The round was led SCOR Ventures with participation from Breega, MS&AD, Armilar, Stableton, BiG Start Ventures, Shilling, Firmin Zocchetto, Job van der Voort, Nuno ... |
| 01.02.2023 | Portugal’s Coverflex raises a €15M Series A to make employee benefits more flexible and engaging | In the current environment, startups are having to do a couple of seemingly contradictory things at the same time. First, they have to keep employees (the ones they want to keep, at least) happy. Then, they have to attract new employees in ... |
| 01.02.2023 | How Coverflex raised a €15m Series A to tackle wasted staff benefits costing companies billions | Founders typically spend a big chunk of change every month on employee benefit programmes — from mental health to meal cards — but take up is often low. That’s the problem that Coverflex — a Lisbon-based flexible compensation startup — is l... |
| 01.02.2023 | HRtech startup Coverflex raises €15 million, takes Italy’s buoni pasto market | Portuguese hrtech startup Coverflex has raised €15 million in a Series A funding round that will see the company launch its compensation solution in Italy as well as strengthen its position in Portugal. Coverflex’s €15 million Series A roun... |
| 01.02.2023 | Coverflex Raises €15 Million To Simplify Employee Benefits In Europe | Coverflex foundersCoverflex |
| 19.04.2021 | Coverflex raises €5 million | Portuguese compensation management startup Coverflex Coverflex Founded: 2019 Headquarters: Lisbon, Portugal Total Funding: $5.99M See full company profile "> closed a €5 million seed round. Founded in 2019 and now a team of 30, the ... |
| 14.04.2021 | Portugal-based hrtech Coverflex raises €5 million in pre-seed round to remodel employee compensation | Portugal’s flexible compensation solution Coverflex has raised €5 million in pre-seed funding and seeks to reduce corporate costs and maximise employee’s earning potential. The raise was led by Breega, and saw participation from the 200M Fu... |
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