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Flare FS
Techstars '22Techstars '22Chicago, US · Founded 2022 · 3 employees on LinkedIn · 3 known investors
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Chicago fintech offering an all-in-one financial operating system for nonprofits, covering accounts, expenses, bill pay and planning.
Also known as Flare
Investors · 3
How we know: Asia Africa Investment & Consulting (AAIC)'s portfolio page · Not right? Tell us
How we know: the Techstars portfolio · open dataset · Top 3000 Accelerator Startups (no YC) 2026-08 · Not right? Tell us
How we know: the VCSheet dataset · Not right? Tell us
Company profile
researched Sep 2026Flare FS is a Chicago-based financial technology company that provides an all-in-one financial operating system for nonprofit organizations. Its platform bundles business accounts, expense management, bill pay and financial planning into a single system of record intended to serve nonprofit finance teams.
The company positions the integrated platform as a way to consolidate financial workflows that nonprofits would otherwise run across separate tools, reducing administrative overhead associated with financial operations. It is classified as a fintech/SaaS business with a recurring revenue model and a nonprofit customer base.
Business model
Flare FS sells software to nonprofit organizations, with its revenue characterized as recurring (SaaS) and its main product classified as financial software. It combines banking-style business accounts and payment functions with financial management tooling delivered as a single platform.
Recurring software revenue (SaaS).
▸Full profile — market position, technology, go-to-market, geography, history
Market position
Flare FS is an early-stage, pre-seed company with a small team. It is grouped with other nonprofit-focused and small-business financial software providers such as CharityStack, Fostrum, Finli, FynOps, Givefront, AidBanc and ClassWallet.
Technology
A cloud software platform combining business accounts, expense management, bill pay and financial planning into a single system of record. The company's public GitHub organization contains forks of Hasura-based authentication and storage projects.
Go-to-market
Nonprofit organizations and their finance teams.
Geography
Headquartered in Chicago, Illinois, United States, at 332 South Michigan Avenue, Suite 121 #5453, with geographic exposure described as global.
History
The company was founded in 2022 and is headquartered at 332 South Michigan Avenue, Chicago, Illinois. It took part in the Techstars Chicago accelerator in 2022 and is categorized at the pre-seed stage, with a reported total of $120,000 raised as of November 2022. A company GitHub organization, Flare-FS, hosted a small set of public forks in 2022, including forks of Hasura authentication and storage backends.
Compiled by commissioned research from 7 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Timeline · 1
launches, deals, and filingsFlare FS took part in the Techstars: Chicago accelerator program in 2022.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
▸Research sources · 7
primary sources listed
- Flare FS · GitHubgithub.com · web
7 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Flare FS do?
- Chicago fintech offering an all-in-one financial operating system for nonprofits, covering accounts, expenses, bill pay and planning.
- Who are Flare FS's investors?
- Flare FS's investors include Asia Africa Investment & Consulting (AAIC), Techstars, Focal Ventures.
- Where is Flare FS headquartered?
- Flare FS is headquartered in Chicago, US.