Fundraising Fox

FlexPoint

Techstars '22

Minnetonka, US · Founded 2022 · 39 employees on LinkedIn · 8 known investors

FlexPoint is a cloud platform that provides enterprise-grade infrastructure with multi-layer security protections including encryption, passwordless authentication, and compliance certifications for managed service providers.

Also known as Flexpoint

Investors · 8

Also in the syndicate · 1

Far Out VC

Funding

SEC filings, press & company announcements

$47M disclosed across 2 of 4 rounds · 2024–2025

Source: company announcements and press reports — follow each round's link for the claim.

Company profile

researched Aug 2026

FlexPoint provides a payments and accounts-receivable platform aimed at managed service providers (MSPs), covering the full billing cycle across five stages it describes as sync, send, collect, process and reconcile. The platform synchronizes invoices, payments, deposits and customer records between a customer's professional services automation (PSA) and accounting systems, sends invoices, statements and automated past-due reminders on a schedule using custom email templates sent from the customer's own domain, and tracks invoice opens, clicks and views.

Collections are handled through branded client portals and AutoPay rules, with built-in payment processing supporting ACH, credit card and flexible financing options, Same-Day ACH, and compliant surcharging intended to offset credit card fees. A reconciliation module automatically matches both payments and deposits across PSA and accounting tools to speed month-end close. The company has also released "AR Agents," described as agents that autonomously monitor late invoices, carry out follow-up and surface items requiring attention. Supporting materials include an ACH-versus-credit-card savings calculator, MSP-focused buyer's guides, webinars and datasheets.

Business model

FlexPoint sells a software platform to businesses, primarily MSPs, and embeds payment processing for ACH, credit card and financing transactions within that platform.

Traction

The website states the platform is trusted by more than 40,000 businesses and cites customer outcomes including a 30% boost in operational efficiency, $15,000 saved in credit card fees, 5x faster payment processing, 10 hours per week saved on manual entry, 65% fewer overdue payments and a 75% reduction in back-office workload.

Latest developments

FlexPoint has made AR Agents generally available, adding autonomous monitoring and follow-up on late invoices to its accounts-receivable workflow.

Full profile — technology, go-to-market, geography

Technology

The product connects to PSA, accounting and quoting tools to keep invoice-to-cash data synchronized, and includes AI-based "AR Agents" that autonomously monitor overdue invoices and manage follow-up.

Go-to-market

The company markets through product demos, customer case studies from MSP operators, an integrations ecosystem with PSA and accounting vendors, and a resource center of guides, webinars and datasheets.

Managed service providers and other businesses handling recurring invoicing and accounts receivable.

Geography

Headquartered in Minnetonka, United States.

Compiled by commissioned research from 1 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Businesses using the platformJan 202640,000 businesses

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Competitors · 7

by search overlap
Intuit®516 shared keywordsIntuit develops financial software products—including TurboTax, Credit Karma, QuickBooks, and Mailchimp—for consumers and small businesses to manage taxes, credit, accounting, and marketing. It serves approximately 100 million customers worldwide.
Stripe454 shared keywordsStripe provides financial infrastructure for businesses to accept payments, offer financial services, and implement custom revenue models across international markets in 135+ currencies.
Wise374 shared keywordsWise is a financial platform offering international money transfers, multi-currency accounts, and debit cards with low fees and competitive exchange rates, serving millions of users globally.
Experian358 shared keywordsExperian offers consumers tools to access their credit report and FICO Score, build credit, and manage money, including credit card matching, bill and subscription negotiation, car insurance comparison, and a digital checking account with debit card. It serves individual U.S. consumers through its app and financial products.
Tipalti317 shared keywordsTipalti offers an AI-powered finance automation platform that handles global accounts payable, payments, procurement, expenses, and treasury operations for businesses. It supports cross-border payments to over 200 countries in 120 currencies and integrates with ERPs, accounting systems, and other business tools, serving industries such as adtech, e-commerce, gaming, healthcare, and software.
Brex281 shared keywordsBrex provides financial services and software for companies, including corporate cards and expense management tools. The platform serves startups, scaled companies, and e-commerce brands to manage finances and spending.
SwipeSum279 shared keywordsSwipesum offers payment consulting and processing services, acting as an outsourced Chief Payments Officer that helps merchants find, implement, and audit credit card processing solutions. It provides proprietary statement-reading software (Staitment) that analyzes processing statements to generate cost-comparison proposals for businesses.

Companies competing with FlexPoint for the same Google search keywords, organic and paid, via search-intersection analysis.

In the news

Research sources · 1

primary sources listed

1 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does FlexPoint do?
FlexPoint is a billing and payments platform for managed service providers covering invoicing, collections, processing and reconciliation.
Who are FlexPoint's investors?
FlexPoint's investors include Foundry, Garuda Ventures, Haymaker Ventures, Long Way Ventures, Lorimer Ventures, Techstars, Cascade Seed Fund.
How much funding has FlexPoint raised?
FlexPoint has disclosed $47M raised across 2 of its 4 known rounds.
Where is FlexPoint headquartered?
FlexPoint is headquartered in Minnetonka, US.