FundedIQ
Commerce and Shopping

FlexFactor: Funding, Investors & Team (Sep 2026)

FlexFactor is the world's leading purchase recovery platform for top eCommerce brands. FlexFactor instantly reviews & recovers failed checkouts at no risk to the merchant and at no cost to the consumer. The problem: Digital commerce has a big problem which has long been accepted as fact: 10-20% of purchase attempts fail in an eCommerce shopping experience. This represents over $500B of lost revenue. Worse yet, cart abandonment is still a real problem, and over 60% of shoppers move on to another store or drop their purchase entirely after a failed purchase attempt. Existing solutions only partially address the problem: Current solutions offer marginal gains focusing on sections of the problem. Top brands use technologies like payment orchestration, multiple payment options, and tokenization to help, but these have limited results and only use limited information. Other services are entirely focused on fighting fraud, but not other checkout failure reasons, leaving 75% of overall declines unaddressed. The FlexFactor approach: Our platform offers the widest coverage and the least friction possible for a merchant. 100% of declined codes are covered using a fully embedded, real-time, and white-labeled solution. We take full liability for any transaction that is rescued by our service and settle merchants even if we have not recovered the funds from the customer, who is charged the transaction amount at no extra cost. The outcome: On average, 30% of declined transactions are prevented by FlexFactor, leading to an instant revenue increase of 5% driven by higher funnel conversion, higher customer LTV, and lower cost of acquisition. The Team: FlexFactor has assembled some of the world's best leaders in Quantitative Analytics, Risk Management, and Payments to tackle this issue and to help your brand never lose a sale at checkout.

www.flexfactor.io LinkedIn Miami, United States 11-50 employees
E-Commerce FinTech Payments
Total raised
$16.8M
Rounds
1
Latest
Series A
Oct 2024

FlexFactor has raised $16.8M across 1 funding round on record, the most recent a Series A of $16.8M announced in Oct 2024.

That round is above the $3.5M median round size for Commerce and Shopping companies tracked on FundedIQ over the last two years.

FlexFactor Company Profile and Key Stats

Total funding raised
$16.8M
across 1 round on record
Funding rounds on record
1
Latest funding round
Series A
$16.8M in Oct 2024
Employees
11-50
reported band
Headquarters
Miami, United States

Latest funding round on record: Oct 2024.

FlexFactor Funding Rounds

Date
Round
Amount
Series A
$16.8M

FlexFactor Founders and Leadership Team

Name
Role
Contact
Zeev Shoval
Founder

No contact details are on record for this team yet.

FlexFactor Funding Compared to Other Commerce and Shopping Startups

Segment
Companies
Median round
29,878
$7.5M
8,422
$15M

FlexFactor's latest round of $16.8M is above the median round in Commerce and Shopping. Medians cover the last 24 months of disclosed rounds.

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FlexFactor Funding FAQs

What does FlexFactor do?

FlexFactor is the world's leading purchase recovery platform for top eCommerce brands. FlexFactor instantly reviews & recovers failed checkouts at no risk to the merchant and at no cost to the consumer. The problem: Digital commerce has a big problem which has long been accepted as fact: 10-20% of purchase attempts fail in an eCommerce shopping experience. This represents over $500B of lost revenue. Worse yet, cart abandonment is still a real problem, and over 60% of shoppers move on to another store or drop their purchase entirely after a failed purchase attempt. Existing solutions only partially address the problem: Current solutions offer marginal gains focusing on sections of the problem. Top brands use technologies like payment orchestration, multiple payment options, and tokenization to help, but these have limited results and only use limited information. Other services are entirely focused on fighting fraud, but not other checkout failure reasons, leaving 75% of overall declines unaddressed. The FlexFactor approach: Our platform offers the widest coverage and the least friction possible for a merchant. 100% of declined codes are covered using a fully embedded, real-time, and white-labeled solution. We take full liability for any transaction that is rescued by our service and settle merchants even if we have not recovered the funds from the customer, who is charged the transaction amount at no extra cost. The outcome: On average, 30% of declined transactions are prevented by FlexFactor, leading to an instant revenue increase of 5% driven by higher funnel conversion, higher customer LTV, and lower cost of acquisition. The Team: FlexFactor has assembled some of the world's best leaders in Quantitative Analytics, Risk Management, and Payments to tackle this issue and to help your brand never lose a sale at checkout.

How much funding has FlexFactor raised?

FlexFactor has raised $16.8M across 1 round on record. The most recent is a Series A of $16.8M announced in Oct 2024.

When did FlexFactor last raise funding?

FlexFactor's most recent funding round on record is a Series A of $16.8M, announced in Oct 2024.

Who founded FlexFactor?

FundedIQ lists Zeev Shoval (Founder) at FlexFactor.

Where is FlexFactor headquartered?

FlexFactor is based in Miami, Florida, United States.

How many employees does FlexFactor have?

FlexFactor is in the 11-50 employee band.

How does FlexFactor's funding compare to other Commerce and Shopping startups?

FlexFactor's latest round of $16.8M is above the $3.5M median round size for Commerce and Shopping companies on FundedIQ across 3,501 tracked companies over the last two years.

About FundedIQ's FlexFactor Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for FlexFactor is left off this page rather than filled in.

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