Flex customizes rent payment schedules for tenants. Flex ensures landlords get paid on the first of the month by giving renters a line of credit with its bank partner, and tenants pay their rent in smaller increments throughout the month. The company was founded by YeTong Shao and Shragie Lichtenstein in 2019 and is headquartered in New York.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
06/06/2024 | Series D Non-Voting | $12MM | $xx.xx | $141.26B | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
749,058
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
|
||||||
04/15/2024 | Series D | $146.41MM | $xx.xx | $135.73B | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
9,139,128
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
|
||||||
04/02/2022 | Series C | $160MM | $xx.xx | $95.98B | Camber Creek, Coatue Management, Renn Ventures | |
Price per Share
$xx.xx
Shares Outstanding
11,734,926
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Camber Creek, Coatue Management, Renn Ventures
|
||||||
04/01/2021 | Series B-2 | $3.52MM | $xx.xx | $25.22B | Camber Creek, Renn Ventures | |
Price per Share
$xx.xx
Shares Outstanding
1,360,476
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Camber Creek, Renn Ventures
|
||||||
04/01/2021 | Series B-1 | $46.59MM | $xx.xx | $25.22B | Camber Creek, Renn Ventures | |
Price per Share
$xx.xx
Shares Outstanding
10,788,765
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Camber Creek, Renn Ventures
|
||||||
09/15/2020 | Series A-2 | $1.35MM | $xx.xx | $5.78B | Camber Creek, Coatue Management | |
Price per Share
$xx.xx
Shares Outstanding
1,621,815
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Camber Creek, Coatue Management
|
||||||
09/15/2020 | Series A-1 | $12.67MM | $xx.xx | $5.78B | Camber Creek, Coatue Management | |
Price per Share
$xx.xx
Shares Outstanding
8,766,161
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Camber Creek, Coatue Management
|
||||||
10/15/2019 | Series Seed-2 | $50,000.00 | $xx.xx | $3.18B | Camber Creek, Coatue Management, Matrix Partners | |
Price per Share
$xx.xx
Shares Outstanding
400,000
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Camber Creek, Coatue Management, Matrix Partners
|
||||||
10/15/2019 | Series Seed-1 | $199,999.13 | $xx.xx | $3.18B | Camber Creek, Coatue Management | |
Price per Share
$xx.xx
Shares Outstanding
866,660
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Camber Creek, Coatue Management
|
||||||
10/15/2019 | Series Seed-3 | $5.53MM | $xx.xx | $3.18B | Camber Creek, Coatue Management | |
Price per Share
$xx.xx
Shares Outstanding
8,318,308
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Camber Creek, Coatue Management
|