Coverflex
Coverflex streamlines compensation management beyond salary to benefit employers and employees with digital solutions.
343 employees · est. 2019 · Braga, Portugal
Coverflex is the older company (2020 vs 2019); Coverflex is the larger of the two.
Side-by-Side Comparison
| Metric | Compete | Coverflex |
|---|---|---|
| Founded | ||
| Founded | 2020 | 2019 older |
| Headquarters | ||
| Headquarters | Israel | Braga, Portugal |
| Employees | ||
| Employees | 28 | 343 larger |
| Industry | ||
| Industry | Analytics, SaaS | Financial Services, Fintech, Insurtech |
| Funding Stage | ||
| Funding Stage | Series A | Non Equity Assistance |
| Total Funding | ||
| Total Funding | $17.50M | $20.00M |
| Funding Rounds | ||
| Funding Rounds | 3 | 4 |
| Services | ||
| Services | Not tracked yet | Meal Allowance Management, Childcare Voucher Solutions, Health and Life Insurance Management, Salary Flexibility with Flexpay, Discount Programs for Employees |
| Target Customers | ||
| Target Customers | Not tracked yet | Small to Large Enterprises, Employees Seeking Benefit Flexibility, Human Resource Departments, Finance Teams |
| Taxonomy | ||
| Taxonomy | HR Software, Compensation Data, Benefits Data, Workforce Management, Talent Retention, Tech Industry, Employee Benchmarks, Parental Leave, Work From Home Policies, Health Benefits, Tech Companies, HR Professionals, Employee Compensation | Compensation Management, Digital Solutions, Employee Benefits, Flexibility, Meal Allowance, Insurance Management, Childcare Vouchers, Expense Management, Exclusive Discounts, Flexible Benefits, Employee Empowerment, B Corp Certified, Salary Optimization |
| Website | ||
| Website | competewith.com | coverflex.com |
About Compete
Compete is an Israeli startup that aims to revolutionize the way companies manage their workforce. With the slogan "Stop Guessing. Start Benchmarking With Real-time Compensation & Benefits Data," Compete is on a mission to help companies win the talent competition. Founded in 2020, the company opera...
About Coverflex
Coverflex, founded in 2019, is a transformative player in the Financial Services, Fintech, Insurtech, and Human Resources industries. With its motto, "Coverflex streamlines compensation management beyond salary to benefit employers and employees with digital solutions," the company is making strides...
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BounceWatch watches Compete and Coverflex for new funding, fast hiring, new executives and a change of software vendor. When one happens, we email you the same day.
Funding, hiring, leadership and stack changes at Compete and Coverflex — by email.
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Compiled from the BounceWatch company index. We last looked at Compete on 13 Sep 2024, and Coverflex on 4 Aug 2025. Where a field is blank here, it means we have not recorded it — not that the answer is zero. How we source and date this.