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Flash Raises $29M Series D

Flash raises $29M in Series D funding led by Battery Ventures and Kevin Efrusy to expand its AI capabilities and workforce management platform.

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by Ben Murray
Flash Raises $29M Series D

Flash Raises $29M Series D

Flash, a Brazilian employee benefits platform, has raised $29M in Series D funding. The company, which provides a comprehensive platform for employee benefits, human resources, and corporate expense management, has now raised a total of $129M since its inception including a $100M Series C round four years ago.

Investors

The round was co-led by existing investors Battery Ventures and Kevin Efrusy, with participation from Endeavor Catalyst.

Flash Use of Funds

Flash plans to utilize the capital to develop new products, expand its AI capabilities, grow its sales team, and strengthen its capital structure. Additionally, the company intends to resume its acquisition strategy, building upon its previous purchases of FolhaCerta and ExpenseOn.

About Flash

Founded in Brazil, Flash offers a digital platform that integrates employee benefits with HR and corporate expense management solutions. The company serves approximately 60,000 businesses and more than 2 million workers, and has achieved cash flow positivity over the past year.

Funding Details

Company Website: https://flashapp.com.br

Company: Flash
Raised: $29M
Round: Series D
Funding Date: August 20, 2026
Lead Investor: Battery Ventures, Kevin Efrusy
Additional Investors: Endeavor Catalyst
Software Category: HR and Employee Benefits Software
Source: https://latamlist.com/flash-raises-29m-series-d/

Ben Murray profile image
by Ben Murray

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