Flex, an artificial intelligence startup that aims to be a one-stop shop for the financial needs of mid-sized business owners, said on Thursday it has raised $60 million in a Portage Ventures-led funding round.
The Series B round valued the firm at around $500 million, according to a person familiar with the deal. It takes Flex’s total equity raise to $105 million.
The company said it is targeting “jumbo shrimps”
