Flex Raises $70 Million Series B1 To Launch Flex Global, An AI-Native Private Banking Platform For HNW Business Owners Worldwide

{
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  "signal_type": "news",
  "signal_subtype": "is_developing",
  "detected_at": "2026-07-14T18:55:46+00:00",
  "company": {
    "name": "Flex",
    "domain": "flex.com"
  },
  "data": {
    "url": "https://pulse2.com/flex-raises-70-million-series-b1-to-launch-flex-global-an-ai-native-private-banking-platform-for-hnw-business-owners-worldwide/amp/",
    "title": "Flex Raises $70 Million Series B1 To Launch Flex Global, An AI-Native Private Banking Platform For HNW Business Owners Worldwide - Pulse 2.0",
    "excerpt": "Flex, a San Francisco-based AI-native private banking platform for high-net-worth business owners in the middle market, has raised a $70 million Series B1 led by Halo Fund, the investment platform co-founded by Utah Jazz and Utah Mammoth owner and Qualtrics founder Ryan Smith and Accel general partner Ryan Sweeney. Portage Ventures, Wellington, Crosslink Capital, 53 Stations, Titanium Ventures, Spice, Florida Funders, and others also participated. The round comes just months after Flex’s $60 million Series B in December 2025 and brings total equity raised to $180 million and total capital, including debt, to $300 million. Annualized revenue has grown 3x since the December round, and Flex is now at a nine-figure annualized revenue run rate with more than $10 billion in annualized total payment volume, growing roughly 4x year over year. Flex was launched in 2023 around a thesis that Silicon Valley fintech built tools for consumers and for venture-backed startups but largely missed the high-net-worth business owner - someone who operates across multiple entities, currencies and jurisdictions and whose business and personal financial lives are deeply intertwined. In the US alone, roughly 350,000 such owners help drive 40% of private-sector payroll; globally, an estimated 3 million sit at the center of a meaningful share of private economic activity. Flex’s platform is built as a...",
    "product": "Beacon AI",
    "summary": "Flex plans to deepen its Beacon AI agentic finance system as part of its platform strategy.",
    "planning": true,
    "confidence": 0.9,
    "product_data": {
      "name": "Beacon AI",
      "full_text": "Beacon AI agentic finance system",
      "fuzzy_match": false
    },
    "product_tags": [
      "future_tech"
    ],
    "published_at": "2026-07-14T18:55:46Z",
    "article_sentence": "The company’s Beacon AI agentic finance system, which helps owners manage decisions across their entire balance sheet, will also be deepened as Flex builds out the “agentic back office” pillar of its five-part platform strategy."
  }
}

curl https://signals.autobound.ai/v1/signals/e5cf985b-7f65-d269-e0af-977cac70bba3 \
  -H "X-API-KEY: $AUTOBOUND_API_KEY"

curl -X POST https://signals.autobound.ai/v1/companies/enrich \
  -H "X-API-KEY: $AUTOBOUND_API_KEY" \
  -H "Content-Type: application/json" \
  -d '{"domain":"flex.com","limit":20}'