Headquartered in London, Flexa Careers, a flexible working platform, has secured £2.3 million in a seed funding round. The investment round was led by Ada Ventures (which recently invested in Moonhub). It was also joined by Auxxo Female Catalyst Fund, angel syndicate HERmesa, and a wide group of angel investors.
Plans to solidify global reach
Flexa will use the investment to expand its presence in the global markets and solidify reach. Already, the platform is used by candidates across 70 countries though their core audience is centered in the UK and Ireland, where it was launched.
Flexa founder Molly Johnson-Jones said, “I’m thrilled that we’ve been able to raise this funding, which means we can help more people access the information that they truly care about during their job search, and get more companies Flexified. I’m also really proud that over 50% of our investors in this round are women and I can’t wait to work with this esteemed group to grow the business.”
Check Warner, Partner at Ada Ventures and who will now join the Flexa Careers board, commented, “The best talent is fought over by companies – yet it’s still virtually impossible to really understand what it’s like to work at a company before accepting an offer. Flexa is changing that. Flexa’s uniquely transparent audit and certification process ensures that companies who say they offer flexibility, really do so. Flexa should be the first place candidates go to research workplaces and the place that hiring managers go to share the benefits they offer. We are pleased to be investing in a team with such a clear mission to make work accessible to everyone.”
Bettine Schmitz, Partner and Founder at Auxxo Female Catalyst Fund, commented, “We 100% believe in the base assumption that “how” we work is just as important in job satisfaction and search preferences as “what” we work. We see a huge opportunity in backing such a strong team building Flexa to cater to this enormous market.”
Disrupted hiring process!
Flexa was founded in early 2020 by Molly Johnson-Jones, Maurice O’Brien, and Tim Leppard. Since its debut, Flexa has flipped the hiring process on its head enabling companies to showcase what their working environments offer when it comes to flexibility and benefits, and be discovered by candidates who want to know up-front how the company operates and get a transparent look at what its working policies are before applying for a role.
Flexa vets and verifies companies through a two-stage benchmarking process; looking at everything from their approach to working location, through to what benefits are on offer, and then surveying how their current employees feel about working there. The process ensures that the listed companies are truly flexible workplaces.
Companies are then approved to showcase their jobs on the platform and people can filter opportunities by these criteria to find their perfect working environment in seconds. Currently, it has over 450,000 users and more than 150 companies headquartered worldwide have been approved to feature on this platform, including Farfetch, Elvie and Currencycloud.
Flexa is enabling companies to build their brands as flexible, empowering employers, whilst increasing the discoverability of their vacancies and their ability to appeal to a more diverse audience.
“Until now, there has been nowhere to go to find out which companies offer the working environment that someone wants or needs”, added Molly. “This means candidates either have to ask during the interview process – with which the majority of people are uncomfortable, and leads to hours in wasted applications and interviews if it’s not the right fit – or, worse again, accept a job and hope for the best. In the modern working world, that’s just not good enough. Flexa Careers solves this problem by only featuring companies who meet a certain standard of flexibility and who are willing to be upfront about what they offer.”