- Raised $16.8M Series A led by Bessemer Venture Partners, Oct 2024
About
FlexFactor is a financial services company that offers an AI-powered decline-decisioning engine that detects and reverses false payment declines in real time to prevent legitimate transactions from failing at checkout. Its technology is applicable to both one-time purchases and subscription models, with claimed benefits including increased revenue, fewer lost sales, new customers, higher lifetime value, stronger brand reputation, and reduced customer acquisition cost waste. The company's AcceptIQ platform leverages a blend of AI models, seasoned business rules engines, and fraud screens to generate decision outcomes, and can be integrated directly by merchants or via integration partners. FlexFactor aims to recover up to 30% of declined transactions. The company was formerly known as FlexCharge.
Funding history · 1 round · $16.8M total
Headcount over time
Offices
Q&A
- What is FlexFactor Operations Inc.'s primary business?
- FlexFactor Operations Inc. is a financial services company that provides an AI-powered decline-decisioning engine. This technology identifies and reverses false payment declines in real time, aiming to prevent legitimate transactions from failing at checkout for both one-time purchases and subscription models.
- When was FlexFactor Operations Inc. founded?
- FlexFactor Operations Inc. was founded in 2021.
- What is the total funding raised by FlexFactor Operations Inc. to date?
- FlexFactor Operations Inc. has raised a total of $16,800,000 USD.
- Which investors participated in FlexFactor Operations Inc.'s A Round funding?
- In October 2024, FlexFactor Operations Inc. secured an A Round of $16,800,000 USD from seed investors.
- Who are the co-founders of FlexFactor Operations Inc.?
- The co-founders of FlexFactor Operations Inc. are Elio Vitucci, who serves as CEO, and Zeev Shoval, who is the CCO.
- What is the name of FlexFactor Operations Inc.'s core platform?
- FlexFactor Operations Inc.'s core platform is called AcceptIQ, which uses AI models, business rules engines, and fraud screens to generate decision outcomes.
- What is FlexFactor Operations Inc.'s primary sector?
- FlexFactor Operations Inc.'s primary sector is FinTech.
- Where is FlexFactor Operations Inc. headquartered?
- FlexFactor Operations Inc. is headquartered in Tel Aviv, Israel.
Team · 10
Sectors & technology
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | flexfactor.io |
|---|
Identifiers & details
| Founded | 2021 |
|---|---|
| Employees (exact) | 20 |
Radar intelligence
Web history (Wayback)
| Domain | flexfactor.io |
|---|
Israeli Companies Registrar (רשם החברות / ICA)
| Registrar # (ח.פ.) | 516502481 |
|---|---|
| Status | פעילה |
| Corp type | ישראלית חברה פרטית |
| Incorporated | 2021-11-29 |
| Purpose | לעסוק בכל עיסוק חוקי |
| Liability | מוגבלת |
| In violation (unfiled) | no |
| Last annual report | 2026 |
| Active charges / liens | 0 |
| Registry events | 6 — annual_report (4), violation (1), other (1) |
| Registered address | המנופים 2 הרצליה |
Recent registry events
| Date | Event |
|---|---|
| 2026-04-06 | דו~ח שנתי-עדכון מען דיגיטלי |
| 2026-04-06 | דו~ח שנתי-שינוי בהוראות בתקנון |
| 2026-04-06 | דו~ח שנתי-עדכון תחום עיסוק |
| 2026-04-06 | עדכון הפרה |
| 2026-04-06 | עדכון כתובת ו/או מען דיגיטלי |
| 2026-04-06 | דו~ח שנתי-הוספת דירקטור |