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Coverflex
Employee compensation management
- 101-200 employees
- Fintech
- B2B
- Enterprise
- HR
- SaaS
- Braga, Braga
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Company mission
To improve the way companies compensate their people, making it more transparent, flexible and easier for everyone to make the most of what they get.
36% female employees
82% employee growth in 12 months
Our take
The workplace is undergoing a revolution, both in culture and technology, but where some aspects race ahead, the way employee compensation is managed has remained much the same – with non-flexible, one-size-fits-all packages the norm. Coverflex supplies a compensation management solution for employers to reduce costs, whilst supercharging benefits for their teams.
Coverflex, founded in 2019, allows companies to manage all parts of their packages beyond salary – including discounts, insurance, & meal allowance – by consolidating everything within one platform. This enables money and time to be saved, at the same time as offering visibility to staff, who have access to a VISA card and mobile application.
Thousands of companies, including notable names like PwC, already make use of Coverflex’s solution. The company has raised substantial funding to finance international rollout, and hire additional talent into teams across the business.
Steph
Company Specialist at Welcome to the Jungle
Benefits
- 👩🏻💻 Fully Remote + €1000 Remote Work budget
- 🖥️ Workstation + €500 Onboarding budget
- 👩⚕️ Premium Health Insurance
- 🌴 25+3 days paid time off
- 📚 €1000 Personal Growth budget
Company values
- We begin and end with people. They are our main concern and who we work for.
- We’re always challenging and always learning. We hold ourselves accountable first.
- Find us at the extra-mile: above and beyond are just part of the job.
- We default to transparency and openness. Integrity is non-negotiable.
- Win, lose, learn, fail, improve. We choose to be positive and enjoy the journey.
Funding (2 rounds)
Feb 2023
$15.8m
SERIES A
Apr 2021
$5.3m
SEED
Total funding: $21.1m
Leadership
Nuno Pinto
(CBO)Founder and former CEO of Kide Fashion. Co-founded Nortal Seguros and APSI. Previous experience in Claims and Quality.
Miguel Santo Amaro
(CEO)Partner at Shilling. Co-founded StudentFinance and UniPlaces. Former Entrepreneur In Residence.
Luis Rocha
(CMO)Founded Shilling. Former CMO at Indie Campers, at Musement, and at Uniplaces. Co-founded TryMyKitchen.
Rui Carvalho
(COO)Former Head of Operations for Iberia at Circ. Previously VP of Operations at Unbabel. Experience as a Manager and Consultant.
Tiago Fernandes
(CTO)Previoulsy Senior Software Architect at ITSector. Co-Founder and former CTO of Bitmaker Software, and former Technical Director at Armis.
Diversity, Equity & Inclusion at Coverflex
- We have an internal Learning & Development framework which includes async and sync development courses on D&I.
- We provide Mental Health benefits as well as internal knowledge base and Mental Health champions.