
Armed with that thesis and early customer momentum, Flex raised $225 million in equity and debt funding in March 2025. Titanium Ventures led the round. Companyon Ventures, Florida Funders, MS&AD Ventures, AAF Management and First Look Partners also participated in the round.
Take a closer look, and you’ll see that Channel Angels participated in Flex’s 2023 funding round (via Florida Funders).
The Software Startup Formerly Known as Flexbase
Flex has evolved quite a bit since we first heard about the company in 2022. Formerly known as Flexbase, the company originally developed automated payments tools for construction industry businesses. But fast forward to 2025, and Flex now “provides a financial ecosystem that bundles payment automation, expense management, net 60 credit cards and banking.”
The results sound promising: Flex now processes over $1 billion in annual total payment volume, the company asserts. We’ll be watching for more progress and milestones.