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Flexx

4 viewers · 30d

Total raised

$4.3M

+$4.3M this year

1 filing since 2026 · latest Equity filed

Cumulative raised
LAST ROUND
Equity · $4.3M
ROUNDS
1
INVESTORS
5
FOUNDED
2024
HQ
New York, NY
SECTOR
Fintech
EMPLOYEES
N/A
30D VIEWERS
4

AI overview

Updated

Advance (legal entity Flexx Inc.) is a New York financial technology company that builds a banking and payments platform purpose-built for the insurance industry. It gives insurance intermediaries bank-supported accounts and payment rails to collect, segregate, reconcile and remit premium dollars, connecting banking, policy administration and accounting systems without replacing them. Premium trust accounts held on the platform earn yield while staying segregated and compliant, turning fiduciary money movement into a revenue-generating process. The company raised an $8.55 million seed round announced in February 2026, led by NVP Capital with Crystal Venture Partners, Vesey Ventures, Harel Insurance Group, Mensch Capital and angels including Hippo founder Assaf Wand.

What sets it apart

Combines bank-backed trust accounts, automated reconciliation and compliance in one insurance-native platform, so idle premium float earns yield (advertised up to 3% APY) instead of sitting dormant, while remaining fully segregated.

Funding history

1 round
EquityJun 22, 2026
Form D
+$4.3M$4.3M total

Latest SEC filings

via EDGAR · CIK 0002101950
Form D · Jun 22, 2026NewView on EDGAR

Products

1 tracked

Advance

Insurance payments and banking platform

A financial platform for insurance intermediaries that manages premium money flows end to end: collection, trust account segregation, carrier remittance, producer commissions, reconciliation and reporting, integrated with existing policy administration and accounting systems.

  • Addie AI for automated transaction matching and reconciliation across carrier statements, premiums and commissions
  • Segregated premium trust accounts earning up to 3% APY
  • Real-time dashboard of premium balances, trust ratios and cash positions
  • Bill pay, wire, ACH and check payment processing