When was flex founded?

flex was founded in 2018 and raised its 1st funding round 4 years after it was founded.

Where is flex located?

flex is headquartered in Seoul, South Korea.

How many employees does flex have?

As of Aug 31, 2026, the latest employee count at flex is 238.

Is flex a funded company?

flex is a funded company, having raised a total of $49.3M across 2 funding rounds to date. The company's 1st funding round was a $***** Series B round, raised on Jan 18, 2022.

How much is flex worth?

The latest valuation of flex is $***** as of Jan 18, 2022.

When was the latest funding round of flex?

flex's latest funding was a $***** Series B round on Jun 11, 2025, with participation from 1 investor.

Where does flex rank among its competitors?

flex ranks 37th amongst 2883 active competitors, of which 132 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was Darwinbox, which secured an undisclosed amount in Sep, 2026.

Who are the top competitors of flex?

flex's top competitors include Workday, Factorial and Kronos. Among them, Darwinbox secured the most recent funding round in September, 2026.

flex - 2026 Company Profile, Team, Funding & Competitors

flex is a series B company based in Seoul (South Korea), founded in 2018 by Hojin Song. It operates as a Cloud-based platform for HR management solutions for enterprises. flex has raised $49.3M in funding from Greenoaks, with a current valuation of $*****. The company has 2883 active competitors, including 132 funded and 169 that have exited. Its top competitors include companies like Workday, Factorial and Kronos.

Company Details

Cloud-based platform for an HR management solution for enterprises. It offers tools for managing payroll, attendance & contract management. It provides tools for employee recognition & feedback. It is available on a subscription-based pricing model.

Website: flex.team
Social
Email ID: *****@flex.team
Phone Number: +82 **********

Key Metrics

Founded Year

2018

Location

Seoul, South Korea

Stage

Series B

Total Funding

$49.3M in 2 rounds

Latest Funding Round

Series B, Jun 11, 2025, $*****

Post Money Valuation

$***** as on Jan 18, 2022

Investors

Greenoaks & 5 more

Ranked

37^th among 2883 active competitors

Employee Count

238 as on Aug 31, 2026

Similar Companies

Workday & 3344 more

View flex's full profile

flex is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
Flex Co., Ltd. CIN: 460-81-01554 , South Korea, Active	May 19, 2019	-	-	-

flex has raised a total funding of $49.3M over 2 rounds. Its first funding round was on Jan 18, 2022. Its latest funding round was a Series B round on Jun 11, 2025 for $*****. 1 investor participated in its latest round. flex has 6 institutional investors.

Here is the list of recent funding rounds of flex:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 11, 2025	3045908	Series B	5329241	4045950	6343837	3216785
Jan 18, 2022	2869195	Series B	1777140	8142217	Greenoaks	DST Global

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View details of flex's funding rounds and investors

The founders of flex is Hojin Song.

Here are the details of flex's key team members:

Hojin Song: Co-Founder & Chief Strategy Officer of flex.
Contact Info: 1 email address

View details of flex's Founder profiles and Board Members

flex's employee count trend

flex has 238 employees as of Aug 26. Here is flex's employee count trend over the years:

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Top competitors of flex include Workday, Factorial and Kronos. Here is the list of Top 10 competitors of flex, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Workday 2005, Pleasanton (United States), Public	Developer of cloud software for human resources finance and operations	$352M	Greylock Partners, T. Rowe Price & 12 others	88/100
2nd	Factorial 2016, Barcelona (Spain), Series D	Provider of business management software for human resources and finance	$369M	Atomico, Tiger Global Management & 10 others	82/100
3rd	Kronos 1977, Lowell (United States), Acquired	Provider of HCM software solutions for enterprises	$855M	GIC, Blackstone & 3 others	81/100
4th	GreytHR 1994, Bengaluru (India), Acquired	Provider of cloud based human resource management system and payroll software.	$47.4M	New Enterprise Associates, Info Edge & 14 others	79/100
5th	PeopleStrong 2005, Gurugram (India), Acquired	Provider of human capital management platform offering integrated HR solutions	$30.7M	West Street AEP I Offshore Aggregator, HDFC Bank ... & 41 others	78/100
6th	Dayforce 2008, Toronto (Canada), Acquired	Developer of human capital management software providing HR and talent solutions	$30M	Bridgescale, Ceridian & 2 others	77/100
7th	Paychex 1971, New York City (United States), Public	Cloud-based platform for HRMS suite solutions	-	American Century, SEB & 5 others	75/100
8th	Bob 2015, London (United Kingdom), Series E	Provider of integrated software for managing workforce payroll and finance	$740M	General Atlantic, Bessemer Venture Partners ... & 24 others	75/100
9th	Darwinbox 2015, San Francisco (United States), Series D	Developer of human capital management software with AI capabilities	$144M	Peak XV Partners, TCV & 55 others	75/100
10th	SuccessFactors 2001, San Francisco (United States), Acquired	AI-powered human capital management solutions for workforce success and organizational agility	$79.8M	Notable Capital, Emergence Capital & 9 others	73/100
37th	flex 2018, Seoul (South Korea), Series B	Cloud-based platform for HR management solutions for enterprises	$49.3M	DST Global, Greenoaks & 4 others	59/100