Coverflex

Introducing Coverflex, the compensation operating system designed to modernize employee benefits and streamline compensation management.

We are raising 15 million euros in our Series A to establish ourselves as leaders in the employee banking category, showcasing substantial growth and retention metrics.

Our mission is to empower businesses by enhancing employee engagement through a personalized compensation experience, building a more effective economy.

Companies struggle to efficiently manage employee compensation, which leads to dissatisfaction and a lack of retention in a competitive talent market.

Coverflex provides a middleware solution that enables companies to offer personalized and flexible compensation options to their employees.

Our employee wallet integrates various benefits, including insurance and discounts, delivering a holistic compensation experience.

The labor cost sector represents a massive untapped opportunity estimated at over 38 trillion euros globally, with a substantial target market in European SMBs.

We've achieved remarkable traction with 28% month-over-month growth and a recurring revenue model that demonstrates strong retention metrics.

Our customer acquisition strategy focuses on HR professionals in SMBs, utilizing targeted campaigns and community engagement.

The European employee benefits market is growing rapidly, and with no major newcomers in Italy, we see an opportunity to lead in this sector.

Our experienced team of operators and industry experts is uniquely positioned to drive the growth of Coverflex.

We are seeking 15 million euros to expand our operations, engineering capabilities, and market presence, aiming for significant revenue growth by 2024.