FLX Networks

FLX Networks

Revolutionizes engagement for asset and wealth management firms and financial advisors.

HQ location
New York City, United States
Launch date
Employees
Enterprise value
$50m
Recent deals
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DateInvestorsAmountRound
-investor

€0.0

round
*

$10.0m

Valuation: $50.0m

Early VC
Total Funding000k

Financials

Estimates*

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Revenues, earnings & profits over time
USD2023
Revenues0000
EBITDA0000
Profit0000
EV0000
EV / revenue00.0x
EV / EBITDA00.0x
R&D budget0000

Source: Dealroom estimates

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More about FLX Networks
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FLX Networks operates in the asset and wealth management sector, providing an integrated network that enhances business efficiency through practice management, coaching, and value-added services. The company serves financial advisors, asset managers, and wealth management firms by offering a centralized platform for communication, data management, and digital campaign generation. FLX Networks leverages artificial intelligence to gather diverse insights and create tailored digital campaigns, helping clients amplify their messaging and attract both employees and clients. The business model revolves around a multisided network, where FLX acts as a promoter of investment products, earning between 5% and 50% of the net management fee on assets raised and serviced. This model allows FLX to streamline due diligence processes, reduce unnecessary expenses, and optimize discretionary budgets for its clients. The company also offers significant tuition savings at over 450 leading universities, enhancing employee and client retention. FLX Networks is compensated for promoting investment products, which may present potential or actual conflicts of interest. However, it is not a client of any of the investment advisers it promotes.

Keywords: asset management, wealth management, AI-driven insights, data solutions, financial advisors, investment products, multisided network, digital campaigns, practice management, tuition savings.

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Investments by FLX Networks

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Focus Partners
ACQUISITION by FLX Networks May 2023