Flex Capital portfolio

Flex Capital has 34 portfolio companies on record at Recent Funding, with 4 investments in the last 12 months.

Website: flexcapital.com.

X: @flexcapital.

Type: Venture capital.

Portfolio on Recent Funding: 34.

Deals, last 12 months: 4.

Rounds led: 1 of 20.

Capital in their rounds: $1.02B.

Latest deal: Vessel · Nov 9, 2026.

About this page

It is a venture capital firm based in San Francisco, US, founded in 2017. It led 1 of the 20 rounds it joined. Its most recent investment on record is Vessel's $5M Seed round in November 2026, alongside HG Ventures, Ford Street Ventures and I2BF Global Ventures. By category, its portfolio leans toward Developer tools and cloud (12) and AI agents (7). It has co-invested with CRV, Shaper Capital and Bloomberg Beta, most often CRV (7 rounds).

About Flex Capital

Firm type: Venture capital.

Headquarters: San Francisco, US.

Founded: 2017.

Stages: Seed, Series A.

Sectors: AI & Machine Learning, SaaS, Sector Agnostic.

Check size: $500K to $2M.

Leads rounds: No.

Portfolio companies: 27.

Exits: 4.

Rounds led: 2.

What Flex Capital invests in

Developer tools and cloud · 12 · 35%
AI agents · 7 · 21%
Data and analytics · 7 · 21%
Fintech · 6 · 18%
Sales and marketing · 6 · 18%
AI coding and devtools · 5 · 15%
Consumer and social · 4 · 12%
Cybersecurity · 4 · 12%

Flex Capital recent investments

Company	Round	Date	Alongside
VVessel	Seed · $5M	Nov 9, 2026	HG Ventures (lead), Ford Street Ventures, I2BF Global Ventures
AAmpersand	Series A · $15M	Oct 7, 2026	Tenacity Capital, Yelp, CTO fund +3
CCodeRabbit	Series B+ · $143M	Aug 12, 2026	Scale Venture Partners, Scenic Management, Hirtle Callaghan & Co +7
PProtege	Series A · $30M	Jan 8, 2026	Footwork VC, CRV, Bloomberg Beta +2
TTavus	Series B+ · $40M	Nov 13, 2025	Scale Venture Partners, Alumni Ventures, Y Combinator +6
PProtege	Series A · $25M	Aug 13, 2025	Footwork VC (lead), CRV, Bloomberg Beta +2
AAddepar	Series B+ · $230M	May 13, 2025	Vitruvian Partners (lead), WestCap (lead), 8VC +2
PProtege	Seed · $10M	Sep 10, 2024	Nitesh Banta, SV Angel, CRV (lead) +5

How Flex Capital invests

Stage	Deals	Capital in rounds
Series A	11 55%	$424M
Series B+	7 35%	$584M
Seed	2 10%	$15M

Year	Deals	Capital in rounds
2014	1 5%	$50M
2018	1 5%	$180M
2019	2 10%	$87M
2021	4 20%	$117M
2022	2 10%	$65M
2024	3 15%	$36M
2025	3 15%	$295M
2026	4 20%	$193M

Flex Capital portfolio companies

VVessel$5MSeed · Nov 2026
AAmpersand$15MSeries A · Oct 2026
CCodeRabbit$143MSeries B+ · Aug 2026
PProtege$30MSeries A · Jan 2026
TTavus$40MSeries B+ · Nov 2025
AAddepar$230MSeries B+ · May 2025
AArbital Health$10MSeries A · Jan 2024
TTailscaleSeries B+ · May 2022
OOur Next Energy$65MSeries A · Mar 2022
SSupabase$30MSeries A · Sep 2021
AAtlan$16MSeries A · May 2021
CCaptivateIQ$46MSeries B+ · Apr 2021
JJuniper Square$75MSeries B+ · Nov 2019
TTruework$12MSeries A · Jul 2019
BBright Machines$180MSeries A · Oct 2018
EElementum$50MSeries B+ · Feb 2014
FFeltbacker
SStackBlitzbacker
RRoboflowbacker
WWordwarebacker
YYieldClubbacker
DDubbacker
RRetoolbacker
RReplitbacker
FFolkbacker
SSpeakeasybacker
IInstantbacker
SStatecraftbacker
HHello Patientbacker
EEstuarybacker
IIceflowerbacker
HHokanbacker
TTomabacker
AAtmospheric AIbacker

Company	Round with Flex Capital	Total raised	Latest raise
VVessel Commerce and retail	Nov 9, 2026 Seed · $5M	$5M	Nov 9, 2026 Seed
AAmpersand AI agents	Oct 7, 2026 Series A · $15M	$32M	Oct 7, 2026 Series A
CCodeRabbit AI coding and devtools	Aug 12, 2026 Series B+ · $143M	$219M	Aug 12, 2026 Series B+
PProtege Data and analytics	Jan 8, 2026 Series A · $30M	$65M	Feb 27, 2026 Series A
TTavus	Nov 13, 2025 Series B+ · $40M	$58M	Nov 13, 2025 Series B+
AAddepar Fintech	May 13, 2025 Series B+ · $230M	$537M	Apr 17, 2026 Series B+
AArbital Health Health and bio	Jan 4, 2024 Series A · $10M	$41M	Jul 29, 2025 Series B+
TTailscale Cybersecurity	May 4, 2022 Series B+	$175M	Apr 8, 2025 Series B+
OOur Next Energy Climate and energy	Mar 2, 2022 Series A · $65M	$390M	Oct 23, 2026 Series B+
SSupabase Cybersecurity	Sep 9, 2021 Series A · $30M	$996M	Oct 2, 2026 round
AAtlan AI agents	May 25, 2021 Series A · $16M	$173.5M	May 8, 2024 Series B+
CCaptivateIQ Sales and marketing	Apr 7, 2021 Series B+ · $46M	$159M	Jan 26, 2022 Series B+
JJuniper Square Sales and marketing	Nov 1, 2019 Series B+ · $75M	$236M	Jun 16, 2025 Series B+
TTruework AI coding and devtools	Jul 30, 2019 Series A · $12M	$92M	Aug 9, 2022 Series B+
BBright Machines Robotics and hardware	Oct 1, 2018 Series A · $180M	$422M	Jun 24, 2024 Series B+
EElementum Developer tools and cloud	Feb 1, 2014 Series B+ · $50M · lead	$50M	Jan 13, 2022 Series B+
FFelt Data and analytics	backer · source	$19.5M	Jul 15, 2025 Series A
SStackBlitz Developer tools and cloud	backer · source	$105M	Jan 22, 2025 Series B+
RRoboflow	backer · source	$40M	Oct 4, 2025 Series B+
WWordware AI coding and devtools	backer · source	$30.5M	Nov 21, 2024 Seed
YYieldClub Fintech	backer · source	$2.5M	Jun 20, 2025 Pre-seed
DDub Sales and marketing	backer · source	$2M	Jan 16, 2025 Seed
RRetool AI coding and devtools	backer · source	$65M	Oct 13, 2025 Series B+
RReplit AI agents	backer · source	$871.9M	Mar 11, 2026 Series B+
FFolk Sales and marketing	backer · source	$3M	Sep 1, 2021 Seed
SSpeakeasy AI coding and devtools	backer · source	$23.8M	Jul 15, 2026 round
IInstant	backer · source	$5.54M	Oct 2, 2024 Seed
SStatecraft AI agents	backer	undisclosed	—
HHello Patient AI agents	backer	$22.5M	Sep 4, 2025 Series A
EEstuary Data and analytics	backer	$17M	Oct 21, 2025 Series A
IIceflower Fintech	backer	undisclosed	—
HHokan Sales and marketing	backer	undisclosed	—
TToma AI agents	backer	$17.5M	Apr 18, 2026 Series A
AAtmospheric AI Climate and energy	backer	$10M	Nov 5, 2026 Seed

Most frequent co-investors

Similar investors

Investors whose portfolios on Recent Funding center on the same category (Developer tools and cloud).

How this is counted

Firm profile: Fundraising Fox Open Dataset v2026-11, CC BY 4.0. Track-record counts are theirs, not Recent Funding's.

Share is of the 20 rounds on Recent Funding that name Flex Capital. Rounds with no announced date are left out of the year split, and "round" is a round whose stage is not on file.

Portfolio companies are the companies on Recent Funding with a round that lists Flex Capital, which is a subset of its real portfolio. API: /api/v1/investors/flex-capital (get a free API key). More: the most active VC firms and new venture capital funds.