Coverflex Sustainability Profile

Coverflex, launched in 2019 by a team of experienced entrepreneurs, is a pioneer in flexible compensation solutions designed to optimize corporate expenditure while boosting employee satisfaction. Led by notable founders from diverse successful startups, Coverflex allows organizations to integrate and manage various components of compensation beyond mere salaries, including benefits, insurance, meal allowances, and special discounts. The service empowers employees to tailor their compensation packages to their personal preferences using a dedicated VISA card and an app, thereby enhancing their earning potential. By 2021, the company made headlines by securing the largest pre-seed round in Portugal's history, supported by the pan-European fund, Breega.