Flex

Financial Software · New York, NY · Founded 1999 · Privately Held (backing)

Developer of an online financial platform designed to pay and receive rent as scheduled. Flex is based in New York, NY and was founded in 1999. It was valued at $1.9 billion at its later-stage round in Apr 2021, the last priced event on record. It has raised $424 million across 3 recorded rounds; the latest was a $46.6 million later-stage round in Apr 2021.

PMV mark · valuation
$1.9B
Oct 2026
Priced at
its later-stage round
Apr 2021
Total raised
$424.4M
Last round
Later Stage VC
Apr 2021
What is Flex worth?
$1.9BPrivateMarketView mark · Oct 2026

Valued at $1.9B at its later-stage round, Apr 2021. Nothing has traded since.

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The prices on Flex
  • ·29 fund marks: filer, period, implied $/share
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Valuation timeline

0 priced rounds · 32 daily marks since · Sep 2026 – Oct 2026
▮▮
Markrounds hold their value until the next priced eventMark, today
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Flex funding history

3 rounds
DateRoundRaisedPost-money
Apr 2021Later Stage VC$46.6M▮
Sep 2020Later Stage VC$12.7M▮
Oct 2019Seed Round$5.0M▮
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Flex valuation

Flex was valued at $1.9 billion at its later-stage round in Apr 2021. That is the last priced event on record: no secondary trade or institutional fund mark has moved the figure since.

Recent activity

In the last 90 days, Flex's record added 3 institutional fund marks (latest period Jul 2026).

How much has Flex raised?

Flex has raised $424 million in total; 3 of its rounds are on record, from 2019 on. The largest on record was a $5 million seed round in Oct 2019; the most recent was a $46.6 million later-stage round in Apr 2021.

Institutional holders and vehicles

5 SEC-registered funds reported 29 fair-value marks on Flex between May 2025 and Jul 2026, in their N-PORT filings. Filer-level marks and implied per-share values are available to Pro members.

Comparable companies

Comparable financial software names by valuation on PrivateMarketView: Clip ($2 billion), Rain (Financial Software) ($1.9 billion) and Rain (New York) ($1.9 billion).

How Flex's valuation is determined

Private company valuations aren’t quoted on an exchange — they’re established in moments: a priced funding round sets a post-money valuation, secondary trades print at a price per share, and SEC-registered funds holding the stock report fair-value marks in their N-PORT filings.

For Flex, the most current credible signal sets the number and the older ones confirm it: a live secondary-market price first, then three or more recent prints, then institutional fund marks, and otherwise the last priced round, which never decays. The valuation is the last round’s post-money moved by the price change since that round, so no share count is assumed. Today it is set by its last priced round. Question about this number? Full methodology →

Frequently asked about Flex

What is Flex worth?
Flex is valued at $1.9B as of Oct 2026. Valued at $1.9B at its later-stage round, Apr 2021. Nothing has traded since.
How much has Flex raised?
Flex has raised $424.4M in total funding across 3 recorded rounds.
When did Flex last raise?
Flex last raised in Apr 2021 (Later Stage VC), raising $46.6M.