FlexFactor - About the company
FlexFactor is a series A company based in Miami (United States), founded in 2022 by Elio Vitucci and Zeev Shoval. It operates as a Provider of payment recovery platform for e-commerce businesses. FlexFactor has raised $16.8M in funding from Bessemer Venture Partners. The company has 6144 active competitors, including 511 funded and 479 that have exited. Its top competitors include companies like PayPal, Stripe and Razorpay.
Company Details
Provider of payment recovery platform for e-commerce businesses. It helps e-commerce brands recover failed transactions at checkout, and also provides solutions that enables payment processing, reducing the need for re-keying payment details or re-registration.
Key Metrics
Founded Year
2022
Location
Miami, United States
Stage
Series A
Total Funding
$16.8M in 2 rounds
Latest Funding Round
Investors
Ranked
806th among 6144 active competitors
Employee Count
33 as on Sep 30, 2026
Legal entities associated with FlexFactor
FlexFactor is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
FLEXCORP INC CIN: 6324950 , United States, Active | Nov 10, 2021 | - | - | - |
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FlexFactor's funding and investors
FlexFactor has raised a total funding of $16.8M over 2 rounds. Its latest funding round was a Series A round on Oct 10, 2024 for $*****. 1 investor participated in its latest round. FlexFactor has 1 institutional investor.
Here is the list of recent funding rounds of FlexFactor:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 10, 2024 | 1335760 | Series A | 3423472 | 3327354 | 4199800 | 7670659 |
View details of FlexFactor's funding rounds and investors
FlexFactor's founders and board of directors
Founder? Claim ProfileHere are the details of FlexFactor's key team members:
- Elio Vitucci: Co-Founder & CEO of FlexFactor. Contact Info: 2 email addresses
- Zeev Shoval: Co-Founder of FlexFactor.
View details of FlexFactor's Founder profiles and Board Members
FlexFactor's employee count trend
FlexFactor has 33 employees as of Sep 26. Here is FlexFactor's employee count trend over the years:
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FlexFactor's Competitors and alternates
Top competitors of FlexFactor include PayPal, Stripe and Razorpay. Here is the list of Top 10 competitors of FlexFactor, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | PayPal 1998, United States, Public | Provider of online payment solutions, money transfers, and virtual wallets | $216M | 88/100 | |
2nd | Stripe 2010, San Francisco (United States), Series I | Provider of financial infrastructure solutions for revenue growth and payment processing | $9.81B | 86/100 | |
3rd | Provider of a comprehensive financial platform for businesses to accept, process, and disburse payments | $742M | 86/100 | ||
4th | Payoneer 2005, New York City (United States), Acquired | Provider of cross-border payment solutions for freelancers, businesses, and marketplaces | $269M | 85/100 | |
5th | Provider of financial infrastructure for processing payments and managing treasury | $1.9B | 84/100 | ||
6th | Adyen 2006, Amsterdam (Netherlands), Public | Provider of end-to-end payment, data, and financial management platform solutions | $266M | 83/100 | |
7th | Flutterwave 2016, San Francisco (United States), Series E | Provider of payment solutions for online and physical business transactions | $489M | 79/100 | |
8th | Online payment and money transfer platform for businesses | $554M | 79/100 | ||
9th | Mercado Pago 2003, Buenos Aires (Argentina), Series D | Provider of online payment processing and digital financial services | $233M | 77/100 | |
10th | Interswitch 2002, Lagos (Nigeria), Acquired | Provider of technology solutions facilitating financial services and digital transactions | $310M | 77/100 | |
806th | FlexFactor 2022, Miami (United States), Series A | Provider of payment recovery platform for e-commerce businesses | $16.8M | 35/100 |
Looking for more details on FlexFactor's competitors? Click here to see the top ones
FlexFactor's Investments and acquisitions
FlexFactor has made no investments or acquisitions yet.
Reports related to FlexFactor
Here is the latest report on FlexFactor's sector:
News related to FlexFactor
•
FlexFactor and Valor PayTech Partner to Reduce Payment DeclinesElectronic Payments International•May 12, 2025•Valor PayTech, FlexFactor
•
Spreedly and FlexFactor Partner to Recover Lost Sales from Payment DeclinesGlobal Fintech Series•Apr 16, 2025•Spreedly, FlexFactor
•
E-commerce Fintech News FlexFactor and OpenPath Announce Partnership to Revolutionize Decline Recovery in E-commerceGlobal Fintech Series•Mar 25, 2025•FlexFactor, Openpath
•
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Dan Stanbridge Appointed Chief Risk and Compliance Officer at Electronic Merchant SystemsPR Newswire•Jul 24, 2024•EMS, FlexFactor
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