Flux - About the company
Flux is a deadpooled company based in London (United Kingdom), founded in 2016 by Veronique Merriam Barbosa, Matty Cusden Ross, Apoorva Thakur and Jared Polidoro. It operates as a Provider of card payment linked loyalty schemes and marketing solutions. Flux has raised $10.8M in funding from investors like Techstars, PROfounders Capital Partners and Headline, with last known valuation of $*****. The company has 226 active competitors, including 57 funded and 32 that have exited. Its top competitors include companies like Quotient, Extend and Affinity Solutions.
Company Details
Flux provides card payment-linked loyalty schemes and marketing solutions to banks. The solution is offered via mobile banking apps; the user when paying via their bank cards receives a digital receipt and reward or loyalty points. It also provides app engagement by linking transaction details with item-level receipt information. It allows retailers to create a single customer view and understand customers' shopping habits.
- Website
- tryflux.com
- Email ID
- *****@tryflux.com
Key Metrics
Founded Year
2016
Location
London, United Kingdom
Stage
Deadpooled
Total Funding
$10.8M in 4 rounds
Latest Funding Round
Last Known Valuation
$***** as on Dec 20, 2018
Ranked
28th among 226 active competitors
Employee Count
4 as on Sep 30, 2026
Legal entities associated with Flux
Flux is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
FLUX SYSTEMS LIMITED CIN: 09882195 , United Kingdom, Active | - | 14 (As on Dec 31, 2017) |
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Flux's funding and investors
Flux has raised a total funding of $10.8M over 4 rounds. Its first funding round was on Jan 18, 2017. Its latest funding round was a Series A round on Jan 29, 2020 for $*****. 1 investor participated in its latest round. Flux has 11 institutional investors and 16 angel investors.
Here is the list of recent funding rounds of Flux:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 29, 2020 | 7666075 | Series A | 4098860 | 6116975 | 6947221 | 3472142 |
Dec 19, 2018 | 6222518 | Series A | 2721696 | 4315337 | 5906558 | |
Jun 26, 2017 | 3861462 | Seed | 6592100 | 1053805 |
View details of Flux's funding rounds and investors
Flux's founders and board of directors
Founder? Claim ProfileThe founders of Flux are Veronique Merriam Barbosa, Matty Cusden Ross, Apoorva Thakur and Jared Polidoro.
Here are the details of Flux's key team members:
- Veronique Merriam Barbosa: Co-Founder of Flux. They serve on the board of 1 company.
- Matty Cusden Ross: Co-Founder & CEO of Flux. They serve on the board of 1 company.Contact Info: 1 phone number
- Apoorva Thakur: Co-Founder of Flux.
- Jared Polidoro: Founder of Flux.
Flux's Board of Directors
Flux's board has 6 active members. Veronique Merriam Barbosa, Matty Cusden Ross, Rogan Angelini-Hurll and Tom Reay are part of team and Andreas Haug and Yann Marie Ranchere are independent board members.Here is the list of Flux's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 9y 9m | |
Team | - | Current | 10y 9m | |
Team | - | Current | 9y 9m | |
Investor | PROfounders Capital Partners | Current | 9y 0m | |
Independent board member | - | Current | 7y 8m | |
oblvfqo | Independent board member | - | Current | 5y 2m |
View details of Flux's Founder profiles and Board Members
Flux's employee count trend
Flux has 4 employees as of Sep 26. Here is Flux's employee count trend over the years:
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Flux's Competitors and alternates
Top competitors of Flux include Quotient, Extend and Affinity Solutions. Here is the list of Top 10 competitors of Flux, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Quotient 1998, Cincinnati (United States), Acquired | Provider of retail media networks digital incentives and advertising technology | $250M | 66/100 | |
2nd | Extend 2017, New York City (United States), Series B | Provider of virtual credit cards and spend management platform for businesses | $88.8M | 64/100 | |
3rd | Affinity Solutions 2005, New York City (United States), Series B | Provider of consumer purchase insights and card-linked engagement solutions | $68.5M | 63/100 | |
4th | ActiveViam 2005, New York City (United States), Acquired | Cloud based data analytics and decision support software for financial services industry | - | 62/100 | |
5th | Kard 2015, New York City (United States), Acquired | Network providing transaction data to facilitate personalized consumer reward programs | $38M | 59/100 | |
6th | Cardlytics 2008, Atlanta (United States), Public | Provider of card-linked marketing platform and retail media network solutions | $178M | 59/100 | |
7th | Datamaran 2014, London (United Kingdom), Series C | Provider of an AI platform for environmental, social, and governance insights | $53.6M | 58/100 | |
8th | Cartera 2005, Lexington (United States), Acquired | Cloud based platform offering card linked customer loyalty | $51.2M | 58/100 | |
9th | RavenPack International 2003, New York City (United States), Series B | Provider of news analytics, datasets, and technology for data-driven companies | $35M | 57/100 | |
10th | FMG Suite 2011, San Diego (United States), Acquired | Omnichannel marketing platform for the financial industry | - | 56/100 | |
28th | Flux 2016, London (United Kingdom), Deadpooled | Provider of card payment linked loyalty schemes and marketing solutions | $10.8M | 45/100 |
Looking for more details on Flux's competitors? Click here to see the top ones
Flux's Investments and acquisitions
Flux has made no investments or acquisitions yet.
Reports related to Flux
Here is the latest report on Flux's sector:
News related to Flux
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Flux Connects One Million Customers To Retailers And Hits 11 Million Digital ReceiptsFinancial IT•Feb 28, 2022•Flux
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Digital receipts platform Flux introduces cashback offers marketing for SMEsFinextra•Nov 25, 2021•Flux
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Barclays adds itemised digital receipts to its banking app in partnership with fintech FluxTechCrunch+•Feb 04, 2021•Barclays, Flux
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Flux and Pleo strike up partnership to create automated expense receiptsAltFi•Apr 02, 2020•Pleo, Flux
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