Coverflex key facts
as of Oct 2026- Developer of a compensation management platform intended to improve the way companies compensate their people.
- Coverflex is valued at approximately $55.0M as of Oct 2026 (last reported valuation).
- It has raised $29.4M; the latest was Later Stage VC in Jan 2026.
- Notable investors include MS&AD Ventures, Shilling (Portugal), Breega, Lince Capital, FNDX — 24 tracked in total.
- Status: Privately Held (backing).
Coverflex's last reported valuation, Jan 2023. Nothing priced has surfaced since.
- ·The complete investor list: 24 names
- ·Watch Coverflex: the Monday email on marks, rounds and moves
Coverflex funding rounds
No funding rounds for Coverflex are on record yet — either the company hasn't raised institutional capital, or the raise hasn't surfaced in our sources.
Who backs Coverflex
24+Membership and data by Private Market View
Coverflex valuation
Coverflex's last reported valuation was $55 million in Jan 2023. No priced round, secondary trade or fund mark has surfaced since.
Coverflex investors
24 investors are on record for Coverflex, including MS&AD Ventures, Shilling (Portugal), Breega and Lince Capital. By type, the record holds 5 venture capital firms, 2 angel investors and 1 hedge fund.
About Coverflex
Developer of a compensation management platform intended to improve the way companies compensate their people. The company provides dedicated customer support with monthly pricing plans for managing meal cards, benefits, perks, and insurance, enabling companies to avail of a fully digital service for acquiring as well as managing both policies and claims.
- Sector
- Information Technology
- HQ
- Braga, Portugal
- Founded
- 2019
- Employees
- 101
- Website
- coverflex.com/
- Ownership
- Privately Held (backing)
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