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 Jul 31, 2026, the latest employee count at flex is 224.

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 2427 active competitors, of which 129 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was Factorial, which secured $150M in Jun, 2026.

Who are the top competitors of flex?

flex's top competitors include Workday, People Strong and Kronos. Among them, Factorial secured the most recent funding round in June, 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 2427 active competitors, including 129 funded and 168 that have exited. Its top competitors include companies like Workday, People Strong 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 & 4 more

Ranked

37^th among 2427 active competitors

Employee Count

224 as on Jul 31, 2026

Similar Companies

Workday & 2888 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	Documents
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 5 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	4881718	Series B	6427872	3436542	6443328	8432123
Jan 18, 2022	1523366	Series B	9445957	1680492	Greenoaks	DST Global

Access funding benchmarks and valuations. Sign up today!

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 224 employees as of Jul 26. Here is flex's employee count trend over the years:

Uncover flex's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of flex include Workday, People Strong 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, New Enterprise Associates ... & 11 others	88/100
2nd	People Strong 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	82/100
3rd	Kronos 1977, Lowell (United States), Acquired	Provider of HCM software solutions for enterprises	$855M	GIC, Blackstone & 3 others	80/100
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	78/100
5th	Factorial 2016, Barcelona (Spain), Series D	Provider of business management software for human resources and finance	$369M	Tiger Global Management, CRV & 10 others	78/100
6th	Dayforce 2008, Toronto (Canada), Acquired	Developer of human capital management software providing HR and talent solutions	$30M	Bridgescale, Ceridian & 1 others	77/100
7th	Remote 2019, Amsterdam (Netherlands), Series C	Provider of employment infrastructure for payroll compliance and contractor management	$506M	Accel, Sequoia Capital & 27 others	77/100
8th	Darwinbox 2015, San Francisco (United States), Series D	Developer of human capital management software with AI capabilities	$149M	Peak XV Partners, TCV & 55 others	75/100
9th	Bob 2015, Tel Aviv (Israel), Series D	Provider of a platform for human resources, payroll, and finance	$574M	General Atlantic, Bessemer Venture Partners ... & 20 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	GGV Capital, Tugboat Ventures & 9 others	74/100
37th	flex 2018, Seoul (South Korea), Series B	Cloud-based platform for HR management solutions for enterprises	$49.3M	Greenoaks, DST Global & 3 others	59/100