Flex Raises 10B Won in Series B-1 Funding

by Kay Aloha Villamor in June 23rd, 2025

Flex, a South Korea-based all-in-one HR SaaS platform, secured a 10 billion won Series B-1 bridge investment, bringing its total raised to approximately 80 billion won.  

Investors 

The round was led by Han River Partners, a global venture capital firm connecting Silicon Valley with Korea. Founded in 2022, based in Menlo Park, California, It focuses on early-stage to Series A investments in sectors such as AI, fintech, robotics, gaming, healthcare, and entertainment tech.  

Flex Use of Funds  

The company will use the funds to develop AI-powered services, scale its engineering and sales organizations, and recruit key leadership talent.  

About Flex 

Founded in May 2019, Flex is an HR-tech company that provides an all-in-one, AI-powered SaaS platform for managing HR and finance operations. Its HR platform covers core tasks like employee & organization management, attendance tracking, electronic contracts, payroll, workflows, insights, performance reviews, recruitment, and finance operations such as expense management and year-end settlement. Flex supports HR management and strategic organizational decisions, rapidly expanding its capabilities through artificial intelligence. The company aims to evolve into an AI SaaS and usher in the next generation of “SaaS 2.0” services, with plans for global expansion.  

Funding Details  

Company: Flex Corp.  

Raised: ₩10.0B   

Round: Series B-1 Bridge  

Funding Date: June 2025  

Lead Investor: Han River Partners  

Additional Investors:   

Company Website: https://www.flex.team  

Software Category: HR Tech / SaaS / AI SaaS  

Source: https://www.businesskorea.co.kr/news/articleView.html?idxno=244310 

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