Overview
News
Technologies
Salaries
Products
People
Growth
Offices
Jobs
Financials

Funding and backers

Total raised
$16.2M
1 round on record
Latest round
$16.2M
Series A · Feb 2023 · 3 yr ago
Team
201-500
employees, estimated range
Hiring now
14
+4 posted in 30 days
Backers
4
Endeavor, Armilar Venture Partners
The money's age
Long since its last round
44 months since the last round · and hiring
Momentum
36/100
hiring for its size, a new city, in the news
Last sign of life
this month
a posting or a news item
The story so fareach stage dated by its source: the company's releases, the press, registers, filings
Feb 1, 2023 Raised a round Series A $16.2M Apr 6, 2021 Released an app Coverflex · App Store 2019 Founded
Tractionpublic signals, read monthly
Web presence
top 6%
of 133.2M domains by links, Common Crawl
App Store
5.0 ★
53 ratings
Funding rounds
RoundDateAmountInvestorsSource
Series A Feb 2023 $16.2M — forbes.com
Registers and programsofficial lists and records that name the company
Legal entity Universal Cover SA its site
Backed byfrom the funds' portfolios and accelerator catalogs
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How Coverflex hires

Truth index
B 75/100
Ghost roles
0%
Stale roles
100%
Reposted roles
0%

Coverflex scores B on the Alion truth index (A is best, E worst), measured over 5 open roles re-checked against its own hiring board: 0% look like ghost listings, 100% have gone stale and 0% are the same role posted again. It measures how much of what this employer publishes turns into a real, finite search - not the employer as a workplace. How the index is computed

Overview

Coverflex is a Portuguese fintech founded in 2019 and headquartered in Braga. Its platform bundles flexible compensation, meal allowances, insurance and discounts onto a single employee card and application. The company operates in Portugal, Italy and Spain for thousands of employers.

News

News murcia.com 26 days ago
El bienestar deja de ser un extra en los salarios: 9 de cada 10 trabajadores reclaman que salud y bienestar formen parte de la compensación laboral, según un informe de Coverflex - Empresa - murcia.com
Murcia.com - Noticias de la Region de Murcia. El bienestar deja de ser un extra en los salarios: 9 de cada 10 trabajadores reclaman que salud y bienestar formen parte de la compensación laboral, según un informe de Coverflex - Empresa - murcia.com. Notici
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News RRHH Digital 1 month ago
Nuevo workshop en el HRIS26: Coverflex desvelará cómo adaptar los beneficios de salud a cuatro generaciones
Coverflex también tendrá su propio workshop en el HR Innovation Summit 2026! Cómo hacer que un beneficio responda a cuatro generaciones?
Read more
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News Diario de Sevilla 9 months ago
Coverflex llega a los 1.000 millones en volumen de negocio
Ha reforzado su posicionamiento en el mercado mediante laincorporación de grandes clientes como
Read more
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News europapress.es 2 years ago
Coverflex cierra su primer año en España con 250 clientes y como referente europeo en retribución flexible
La plataforma integral de gestión de retribución flexible para empleados cierra 2024 con una facturación de...
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Report
News ilmessaggeroit 2 years ago
Coverflex: 3 su 4 scelgono i benefit e non l'aumento in busta paga
Coverflex Report sulla Retribuzione 2024. Diffusa l'insoddisfazione retributiva ma il welfare aziendale guadagna popolarità: il 63% degli intervistati lo ritiene un "supporto tangibile alle...
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News ilmessaggeroit 3 years ago
Coverflex acquisisce EatsReady e promette maggiore flessibilità al mercato dei buoni pasto
Coverflex, startup europea di welfare aziendale, che ha chiuso recentemente il round di investimento da 15 milioni di euro e il lancio sul mercato italiano, ha annunciato l'acquisizione di...
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News TechCrunch 3 years ago
Portugal's Coverflex raises a €15M Series A to make employee benefits more flexible and engaging
Portugal's Coverflex raises a €15M Series A to make employee benefits more flexible and engaging. It's now pulled in a €15 million Series A led by Paris-based CVCSCOR Ventures.
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News Business Insider 3 years ago
This startup building a compensation operating system for HR teams just raised $16.3 million. Here's the 14-slide pitch deck Coverflex used to raise the cash.
The Portuguese startup, which touts itself as a remote-first company, enables staffers to manage their own benefits and choose relevant perks.
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Show more news

Tech stack

Technologies named in job postings at Coverflex over the last 12 months, by layer, with the share of postings for each.
Technologies in use
45
Postings analysed
16
Stack modernity
86/100AI adopter
Languages
SQL44%
JavaScript19%
Elixir13%
TypeScript13%
Frameworks & libraries
Cypress6%
Jest6%
Playwright6%
React Native6%
Databases
PostgreSQL6%
BigQuery6%
Google BigQuery6%
Cloud & platforms
Datadog19%
AWS13%
GitHub Actions13%
SIEM13%
AI & ML
ChatGPT81%
Claude13%
LLM6%
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Full Coverflex tech stack 45 technologies · by team · pay by technology · changes · similar stacks

Salary insights

Compensation ranges based on this company's open jobs
Median
$65k
Typical range
$30k – $111k
Open positions
10
4 Jobs
Senior 75%
Staff 25%
Level Jobs Median Typical range
Senior 3 $72k $58k – $83k
Staff 1 $106k $106k
Highest paying role (Founding) Account Executive $111k
Normalized to USD per year
All salaries at Coverflex By role, level and city, against the market · 10 jobs with pay

Growth

Hiring Momentum
65/100
Growing
Open positions
14
2 opened / 2 closed in 30 days
Median time-to-fill
66 days
faster than 20% of the market
ATS activity
Every ~17 hours
Today
Hiring Dynamics +100%
Hiring Focus
The percentage next to each role is its share of the company's job openings over the last 90 days; the arrow shows the shift versus the previous period.
Sales
36% ▼
Security
18% ▲
Marketing
18% ▼
QA
9% ▼
Leadership
9% ▲
Finance
9% ▲
Activity Timeline
Added LLM Guardrails to stack Oct 2026
Added EU AI Act to stack Oct 2026
Added AIOps to stack Oct 2026
New location: Milan Oct 2026
Added SLI/SLO/SLA to stack Sep 2026
Added SIEM to stack Sep 2026
Added Jira to stack Sep 2026
Added ISO 27001 to stack Sep 2026
Added IAM to stack Sep 2026
Added GDPR to stack Sep 2026
Added GCP to stack Sep 2026
Added AWS to stack Sep 2026

Offices

Where the company hires and what each office is for
Cities
4
Hiring now
4
Countries
4
Busiest office
Braga
Loading the map
Headquarters Builds here Office with open vacancies Tap a pin for the office
Braga Portugal
HQ
6 open roles 5 posted in 90 days 50-200 est. staff $51k Avg Salary
hires for Sales, Finance, Marketing
seen since Apr 2026 company site, job postings
Munich Germany
2 open roles 1 posted in 90 days 50-200 est. staff $111k Avg Salary
hires for Sales
seen since Mar 2026 job postings
Madrid Spain
2 open roles 1 posted in 90 days 50-200 est. staff $65k Avg Salary
hires for Marketing, Sales
seen since Dec 2025 job postings
Milan Italy
1 open roles 1 posted in 90 days 10-50 est. staff
hires for Sales
seen since Oct 2026 job postings

Jobs

$56k – $75k per year (gross) • Equity • In office • Full-Time
JavaScript
Elixir
PostgreSQL
AI/ML
Model Context Protocol
LLM
LLM Guardrails
Frontend
React.js
Mobile
React Native
Expo
DevOps
Terraform
GitHub Actions
Datadog
CI/CD
AWS
Kubernetes
Platform Engineering
FinOps
IAM
DNS
Cybersecurity
ISO 27001
SOC 2
Least Privilege
SIEM
Apply
$73k – $106k per year (gross) • Equity • Remote (Portugal, CET hours) • Full-Time
ChatGPT
DevOps
GCP
AWS
SLI/SLO/SLA
IAM
Cybersecurity
ISO 27001
GDPR
SIEM
Management
Notion
Jira
Apply
≈ $158k – $313k per year (Estimated) • Remote (Portugal, CET hours) • Full-Time • Bachelor's Degree
Python
TypeScript
SQL
Claude
Model Context Protocol
AI Agents
LLM Guardrails
EU AI Act
DevOps
Datadog
AIOps
Management
Notion
n8n
Apply

Financials

Total raised
$16.2M
Latest round
Series A
Funding rounds
1
Funding rounds
Round Announced Amount
Series A 2023 $16.2M Details