RAISE Acquires Property For Unspecified Amount On 09/19/2023

RAISE IMAGE: Hadi Solh (@HadiSolh), Zaid Rahman (@Zaidrmn) & Saxon Baum (@SaxonBaumer) DATE: 09/19/2023 COMPANY: Flex INVESTORS: CIM, Florida Funders, Home Depot Ventures, MS&AD Ventures & Companyon Ventures ROUND: Series A AMOUNT: $120,000,000 NOTE: Flex, the B2B fintech company redefining credit and finance management, has successfully raised $120 Million in Series A equity and debt funding. Community Investment Management (CIM) led the debt financing with an agreement to fund up to $100M, while Florida Funders led the $20M equity round with participation from Home Depot Ventures™, MS&AD Ventures, Companyon Ventures and others. The investment will further accelerate Flex’s impressive product development and aid in the company’s rapid expansion. As SMBs continue to power the U.S. economy, creating two-thirds of all new jobs, Flex aims to provide the credit they deserve and the tools they need to succeed. Flex’s Credit Card offers 0% interest for 60 days on all purchases, delivering Net-60 float and flexibility for businesses to grow, while the super app meticulously brings everything from the backoffice into one seamless, easy-to-use platform to manage an entire financial ecosystem. With a significant demand from over 25,000 companies, Flex is poised to be the super app by which all businesses manage finance and control their cash flow. HQ: #Miami #Florida #VentureCapital #ZaidRahman #HadiSolh #SaxonBaum #Flex #CIM #FloridaFunders #HomeDepotVentures #MSandADVentures #CompanyonVentures #TradedVC