FlexFactor is the leading decline recovery platform for top eCommerce brands, as it's the only solution in market which reverses declines for both eCommerce purchases and recurring subscriptions. Founded by experts in payments, data analytics, and credit risk, our mission is to ensure that your customers - and bottom line - never feel the frustration of false declines again. Our award-winning platform, AcceptIQ, applies advanced credit modeling, seamlessly analyzing 200+ customer data points to reverse failed transactions in real-time. On average, our e-Commerce merchants see a 30% lift in recovered sales - with overall revenue increasing 5% to 50%.
Total raised: $16.8M
Funding Rounds 1
| Date | Series | Amount | Investors |
| 15.10.2024 | Series A | $16.8M | - |
Mentions in press and media 6
| Date | Title | Description |
| 15.10.2024 | FlexFactor's $16.8 Million Funding: A Game Changer for eCommerce Recovery | FlexFactor has just made waves in the eCommerce world. The company secured $16.8 million in Series A funding, led by Bessemer Venture Partners. This investment is not just a financial boost; it’s a lifeline for merchants grappling with paym... |
| 15.10.2024 | FlexFactor: Decline Recovery Solutions Provider Secures $16.8 Million | FlexFactor, a provider of decline recovery solutions for eCommerce brands, announced it raised $16.8 million in Series A funding. The funding round was led by Bessemer Venture Partners, with additional participation from seed investors. Glo... |
| 11.10.2024 | FlexFactor Raises $16.8M Series A from Bessemer Venture Partners | FlexFactor, a cutting-edge provider of decline recovery solutions for eCommerce brands, announced the completion of its $16.8 Series A funding round. The round was led by Bessemer Venture Partners, with additional participation from seed in... |
| 10.10.2024 | FlexFactor Raises $16.8M in Series A Funding | FlexFactor, a Miami, FL-based provider of decline recovery solutions for eCommerce brands, closed a $16.8 Series A funding round. The round was led by Bessemer Venture Partners, with additional participation from seed investors. The company... |
| 24.06.2024 | FlexFactor appoints Rehman Baig as Chief Payments Officer | Rehman Baig FlexFactor’s innovation in creating the world’s first full-service real-time decline recovery system is impressive. The clear value proposition for merchants of all sizes is compelling.” — Rehman Baig MILPITAS, CALIFORNIA, UNITE... |
| - | FlexFactor | “FlexFactor helps top eCommerce brands convert 5% more purchases at checkout. FlexFactor is the world's leading purchase recovery platform, helping every merchant improve their funnel conversion and increase customer LTV.” |