Diligence memo · auto-generated · as of July 2, 2026
Flex Co
Flex Co looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
Flex Co operates in Fintech, based in VENICE. Stripe for HSA/FSA payments
Sub-sector tags: Fintech, Health & Wellness, Marketplace, fintech.
Capital & rounds (filed)filed
Flex Co has raised $6.3M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $6.3M on 2018-02-13.
Most recent recorded round closed around 2018-02-13.
Valuation (modeled)modeled
Provath models Flex Co at approximately $180M (range $8.2M–$981M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 1.05× the median modeled value of Series A Fintech companies in 2016–2018 (13 peers) — value vs value, same stage and era. Within the normal band (105% of peer median) for its niche.
Financing rhythm & timingmixed
Last raise 8.4 yr ago; this sector typically re-raises about every 12 months.
Only one round on record and long silent — often defunct, acquired, or gone quiet.
Comparablesmixed
Capital scale ranks ahead of 86% of Fintech peers (1063 compared).
Modeled value ranks above 93% of those peers.
Closest niche peers: Zoona, Mines, First Boston Bridge Lending Pool II, LLC, Paystack, Inc., Mutual Trading Co., Inc..
Peoplefiled
3 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.