When was Flex founded?

Flex was founded in 1999 and raised its 1st funding round 20 years after it was founded.

Where is Flex located?

Flex is headquartered in New York City, United States.

Who is the current CEO of Flex?

Shragie Lichtenstein of Flex. They have also founded 1 company.

How many employees does Flex have?

As of Aug 31, 2026, the latest employee count at Flex is 887.

Is Flex a funded company?

Flex is a funded company, having raised an undisclosed amount across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on 2019.

How much is Flex worth?

The latest valuation of Flex is $***** as of May 05, 2025.

When was the latest funding round of Flex?

Flex's latest funding was a $***** Unattributed round on Jul 18, 2019, with participation from 1 investor. Its primary sector is Payments. In United States, the Payments sector has seen $5.69B in funding in 2026 to date.

Where does Flex rank among its competitors?

Flex ranks 3rd amongst 83 active competitors, of which 11 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was Esusu, which secured $50M in Dec, 2025.

Who are the top competitors of Flex?

Flex's top competitors include Esusu, Bilt Rewards and Stake. Among them, Esusu secured the most recent funding round in December, 2025.

Flex - 2026 Company Profile, Team, Funding & Competitors

Flex is a seed company based in New York City (United States), founded in 1999 by Shragie Lichtenstein and YeTong Shao. It operates as a Rental payment solutions. Flex has raised an undisclosed amount in funding from Financial Venture Studio, with a current valuation of $*****. The company has 83 active competitors, including 11 funded and 9 that have exited. Its top competitors include companies like Esusu, Bilt Rewards and Stake.

Company Details

Flex provides an app-based platform for rental payment solutions. It enables users to pay rent on a weekly and biweekly basis. It features tools for expense analysis, paycheck matching, budget analysis, and more. It is available for IOS and Android platforms.

Website: getflex.com
Social
Email ID: *****@getflex.com

Key Metrics

Founded Year

1999

Location

New York City, United States

Stage

Seed

Latest Funding Round

Unattributed, Jul 18, 2019, $*****

Post Money Valuation

$***** as on May 05, 2025

Investors

Financial Venture Studio & 10 more

Ranked

3^rd among 83 active competitors

Employee Count

887 as on Aug 31, 2026

Similar Companies

Esusu & 385 more

View Flex's full profile

Flex has raised funding over 2 rounds. Its first funding round was on 2019. Its latest funding round was a Unattributed round on Jul 18, 2019 for $*****. 1 investor participated in its latest round. Flex has 11 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
Jul 18, 2019	6501422	Unattributed	4642825	2769327	9314529	7104239
2019	6491	Seed	4868	5826	7357	Lightspeed Venture Partners

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View details of Flex's funding rounds and investors

The founders of Flex are Shragie Lichtenstein and YeTong Shao. Shragie Lichtenstein is the CEO of Flex.

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

Shragie Lichtenstein: Co-Founder & CEO of Flex.
Contact Info: 1 email address
YeTong Shao: Co-Founder of Flex.
Contact Info: 1 email address

View details of Flex's Founder profiles and Board Members

Flex's employee count trend

Flex has 887 employees as of Aug 26. Here is Flex's employee count trend over the years:

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Top competitors of Flex include Esusu, Bilt Rewards and Stake. 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	Esusu 2018, New York City (United States), Series C	Online platform offering credit-building solutions through rent payment reporting	$200M	Sinai Ventures, Acumen & 34 others	77/100
2nd	Bilt Rewards 2021, New York City (United States), Series B	SaaS-driven reward-based rental management solution for residential properties	$958M	General Catalyst, Mastercard & 33 others	73/100
3rd	Flex 1999, New York City (United States), Seed	Rental payment solutions	-	Renn Global, Lightspeed Venture Partners & 9 others	66/100
4th	Stake 2018, New York City (United States), Series A	SaaS-driven rental reward management system for tenants	$18M	RET Ventures, Shadow Ventures & 15 others	60/100
5th	ClickPay 2009, Oradell (United States), Acquired	Electronic billing and payment solutions for the multi-housing industry	$4.3M	Originate Ventures, Activate Venture Partners ... & 3 others	56/100
6th	PayLease 2003, San Diego (United States), Acquired	Provides payment solutions to property management industry.	-	Francisco Partners, De Anda Capital & 3 others	55/100
7th	RentPayment 1999, Walnut Creek (United States), Acquired	Rental management platform to collect rent.	-	Texas Ventures, Flywheel Ventures	50/100
8th	Circa 2019, Westport (United States), Acquired	Online rental payment management software for tenants, owners, and rental managers	$2.09M	Hub Angels, Maine Venture Fund & 2 others	45/100
9th	ManageGo 2008, Brooklyn (United States), Funding Raised	Provider of property management software designed to streamline various workflows	-	Bank Leumi	44/100
10th	Gravy 2010, St. Louis (United States), Acquired	App-based home buying solutions for renters	$2.6M	CEAS Investments	44/100