FlexWage Overview
- Year Founded
-
2009
- Status
-
Private
- Employees
-
18
- Latest Deal Type
-
Later Stage VC
- (Cancelled)
- Latest Deal Amount
-
$10M
- Investors
-
3
FlexWage General Information
Description
Provider of digital financial services intended to offer short-term capital and payroll card tools. The company's technology interfaces with employer human resource and payroll systems to provide employees with virtual cards to manage accrued wages within the pay cycle and assist households in avoiding the debt trap associated with using cost-lending alternatives, enabling employees to monitor their earned wages efficiently.
Contact Information
Website
www.flexwage.comCorporate Office
- 7633 East Acoma Drive
- Suite 100
- Scottsdale, AZ 85260
- United States
Corporate Office
- 7633 East Acoma Drive
- Suite 100
- Scottsdale, AZ 85260
- United States
FlexWage Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
3. Later Stage VC | 09-Jun-2019 | $10M | Cancelled | Generating Revenue | ||
2. Later Stage VC (Series A) | 01-Apr-2017 | Completed | Generating Revenue | |||
1. Later Stage VC | 04-Aug-2014 | $3.5M | $3.5M | Completed | Generating Revenue |
FlexWage Comparisons
Industry
Financing
Details
FlexWage Competitors (33)
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Instant Financial | Venture Capital-Backed | Atlanta, GA | ||||
Nowpay | Venture Capital-Backed | Cairo, Egypt | ||||
Wagestream | Venture Capital-Backed | London, United Kingdom | ||||
Branch (Financial Software) | Venture Capital-Backed | Golden Valley, MN | ||||
Dopay | Venture Capital-Backed | Cairo, Egypt |
FlexWage Patents
FlexWage Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
US-8751338-B2 | System and method of intra-cycle payment of accrued employee wages | Active | 05-Oct-2009 | ||
US-20110082778-A1 | System and method of intra-cycle payment of accrued employee wages | Active | 05-Oct-2009 |
FlexWage Executive Team (6)
Name | Title | Board Seat |
---|---|---|
Frank Dombroski | Co-Founder, President and Chief Executive Officer | |
Rocco Laterzo | Co-Founder | |
Charles Hurst | Senior Vice President, Technology | |
Paul Harbaugh | Vice President, Business Development | |
Carl Morris | Vice President, Compliance |
FlexWage Signals
FlexWage Investors (3)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
Pathward | Corporation | Minority | ||
Serenity Alternative Investment Management | Hedge Fund | Minority | ||
Marathon Partners Equity Management | Hedge Fund | Minority |
FlexWage Acquisitions (1)
Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
---|---|---|---|---|---|
Sum180 | 01-Apr-2019 | Financial Software |
FlexWage FAQs
-
When was FlexWage founded?
FlexWage was founded in 2009.
-
Who is the founder of FlexWage?
Frank Dombroski and Rocco Laterzo are the founders of FlexWage.
-
Who is the CEO of FlexWage?
Frank Dombroski is the CEO of FlexWage.
-
Where is FlexWage headquartered?
FlexWage is headquartered in Scottsdale, AZ.
-
What is the size of FlexWage?
FlexWage has 18 total employees.
-
What industry is FlexWage in?
FlexWage’s primary industry is Other Financial Services.
-
Is FlexWage a private or public company?
FlexWage is a Private company.
-
What is FlexWage’s current revenue?
The current revenue for FlexWage is
. -
How much funding has FlexWage raised over time?
FlexWage has raised $13M.
-
Who are FlexWage’s investors?
Pathward, Serenity Alternative Investment Management, and Marathon Partners Equity Management have invested in FlexWage.
-
Who are FlexWage’s competitors?
Instant Financial, Nowpay, Wagestream, Branch (Financial Software), and Dopay are some of the 33 competitors of FlexWage.
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