Coverflex
342 employees on LinkedIn · 16 known investors
Coverflex offers a compensation management platform that lets companies build flexible, personalized compensation and benefits packages for their employees, aiming to reduce costs and give workers more value. It positions itself as a "compensation-as-a-service" product, with a team specialized in insurance and technology.
Investors · 16
Armilar Venture PartnersLisbon · $200K – $10M
Berliner Volksbank VenturesBerlin · $550K – $2.8M
DraycottLisbon
Endeavor CatalystNew York · $5.5M – $200M
Lince CapitalLisbon
MS&AD VenturesMenlo Park · $500K – $3M
RedstoneBerlin · $500K – $2.5M
Shilling VCLisbon · $108K – $1.1M
Tane Fund$300K – $3M
BreegareportedLondon · $540K – $16.2M
SCOR Venturesreported · 2 sourcesParis · $1M – $10M
Also in the syndicate · 5
ArmilarBiG Start VenturesMS&ADShillingStableton
Funding
SEC filings, press & company announcements- Undisclosed amountSeries AFeb 2023 · 2 sources
SCOR Ventures (lead), Armilar, BiG Start Ventures, Breega, MS&AD, Shilling, Stableton
Source ↗
Source: company announcements and press reports — follow each round's link for the claim.
Founder mafia
3 people who came through Coverflex went on to found or lead other companies.
In the news
Frequently asked questions
- What does Coverflex do?
- Coverflex offers a compensation management platform that lets companies build flexible, personalized compensation and benefits packages for their employees, aiming to reduce costs and give workers more value. It positions itself as a "compensation-as-a-service" product, with a team specialized in insurance and technology.
- Who are Coverflex's investors?
- Coverflex's investors include Armilar Venture Partners, Berliner Volksbank Ventures, Draycott, Endeavor Catalyst, Lince Capital, MS&AD Ventures, Redstone, Shilling VC and 3 more.