1. ConnectPay
United States · Compensation Management Software
Payroll processing company for small businesses offering tailored connections and optimization, as well as HR and worker's compensation insurance
- Revenue
- $38.4M
- Team size
- 146
Coverflex Alternatives & Competitors
The closest alternatives to Coverflex are ConnectPay, Robin and Homethrive. Coverflex generates $38.5M in revenue with 275 employees. Every one of the 20 alternatives below is compared with Coverflex on revenue, funding, customers, team size and founding year.
Coverflex at a glance
- Revenue
- $38.5M
- Funding
- $20M
- Customers
- 5K
- Team size
- 275
- Founded
- 2019
Coverflex vs its top alternatives
Coverflex is pinned as the first column so every figure is read against it. Blank cells are figures we have not verified, never zeros.
| Company |  CoverflexThis company | ConnectPay |  Robin |  Homethrive |  Joyowo.com |  Multi-Health Systems |  Pensionera.se |  Bayzat |  hrone.cloud |  Strongpoint Partners |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $38.5M | $38.4M | $37.8M | $37.5M | $37M | $41.6M | $35.2M | $34.1M | $33.6M | $33M |
| Funding raised | $20M | Not disclosed | Not disclosed | Not disclosed | $53.1M | Not disclosed | $1.5M | Not disclosed | Not disclosed | Not disclosed |
| Customers | 5K | Not disclosed | 187K | Not disclosed | Not disclosed | Not disclosed | 50K | Not disclosed | Not disclosed | Not disclosed |
| Team size | 275 | 146 | 344 | 94 | 329 | 323 | 73 | 310 | 305 | 200 |
| Founded | 2019 | 2008 | 2014 | 2018 | 2014 | 1983 | 2013 | 2012 | 2016 | 1980 |
| HQ | Braga, Portugal | United States | United States | United States | China | Canada | Sweden | United States | India | United States |
Top Compensation Management Software companies similar to Coverflex
2. Robin
United States · Compensation Management Software
Today’s offices are powered by Robin. We help global organizations create better office experiences. With leading space data and employee insights driving your workplace strategy, the office becomes less of a mandate…
- Revenue
- $37.8M
- Customers
- 187K
- Team size
- 344
3. Homethrive
United States · Compensation Management Software
Homethrive provides all caregivers and their entire care circle with proactive, personalized support so they can thrive at work and at home. It is a technology-enabled healthcare service company that reduces work…
- Revenue
- $37.5M
- Team size
- 94
4. Joyowo.com
China · Compensation Management Software
Joyowo.com is an online HR service platform through the Cloud+SaaS model to provide enterprises with social insurance services.
- Revenue
- $37M
- Funding
- $53.1M
- Team size
- 329
5. Multi-Health Systems
Canada · Compensation Management Software
Multi-Health Systems is an operator of a psychological test publishing company intended to publish scientifically validated assessments on individual psychology and behavioral science. The company's platform publishes a…
Multi-Health Systems revenue & fundingCoverflex vs Multi-Health Systems
- Revenue
- $41.6M
- Team size
- 323
6. Pensionera.se
Sweden · Compensation Management Software
Developer of a pension restructuring platform designed to control old age pension in Sweden. The company's platform easily compares various kinds of pension plans, enabling organizations to find the pension services for…
- Revenue
- $35.2M
- Funding
- $1.5M
- Customers
- 50K
- Team size
- 73
7. Bayzat
United States · Compensation Management Software
Bayzat is the work life platform that benefits every company. We are redefining the way work works for the better, making automated HR, payroll, employee benefits, and insurance a possibility for all businesses. Our…
- Revenue
- $34.1M
- Team size
- 310
8. hrone.cloud
India · Compensation Management Software
HROne has been redefining modern-day workplaces with cutting-edge HR technology since 2016. It is an HR automation platform that helps companies eliminate mundane and repetitive HR tasks by automating 127+ processes…
- Revenue
- $33.6M
- Team size
- 305
9. Strongpoint Partners
United States · Compensation Management Software
A tech-enabled financial services platform that provides third-party retirement administration recordkeeping, payroll and HR solutions for small and medium businesses
Strongpoint Partners revenue & fundingCoverflex vs Strongpoint Partners
- Revenue
- $33M
- Team size
- 200
10. Beekeeper by LumApps
Switzerland · Compensation Management Software
Beekeeper by LumApps is transforming the way frontline businesses work. Our Frontline Success Platform helps companies ditch paper and manual processes to improve employee engagement, retention, and performance. Empower…
Beekeeper by LumApps revenue & fundingCoverflex vs Beekeeper by LumApps
- Revenue
- $45.5M
- Team size
- 414
11. Vimly Benefit Solutions
United States · Compensation Management Software
Developer of an SaaS platform designed to simplify the complexities of workforce and benefits administration. The company's platform provides consolidated enrollment, benefit billing, payment, collection and carrier…
Vimly Benefit Solutions revenue & fundingCoverflex vs Vimly Benefit Solutions
- Revenue
- $31.4M
- Funding
- $10.6M
- Team size
- 164
12. Gem
United States · Compensation Management Software
Gem is a platform that helps businesses manage their employee benefits. They offer a wide range of benefits options and provide tools for employees to easily access and utilize their benefits. Gem aims to simplify the…
- Revenue
- $31M
- Funding
- $148M
- Customers
- 400
- Team size
- 492
13. Gem
United States · Compensation Management Software
Gem is a platform that helps businesses manage their employee benefits. They offer a wide range of benefits options and provide tools for employees to easily access and utilize their benefits. Gem aims to simplify the…
- Revenue
- $31M
- Funding
- $148M
- Customers
- 400
- Team size
- 492
14. Beqom
Switzerland · Compensation Management Software
beqom is a cloud-based compensation management software company that helps businesses manage their compensation processes and incentives. The platform provides tools for designing, implementing, and administering…
- Revenue
- $46.1M
- Funding
- $359.6M
- Customers
- 3M
- Team size
- 229
15. Leapsome
Germany · Compensation Management Software
Leapsome GmbH is a software company based in Berlin, Germany that provides a people management platform designed to support performance management, employee engagement, and learning and development for organizations…
- Revenue
- $30.5M
- Funding
- $60M
- Customers
- 1K
- Team size
- 144
16. CuraLinc
United States · Compensation Management Software
Provider of transformative employee mental health care, marrying technology and personalized advocacy to engage, empower and support employees
- Revenue
- $30.3M
- Team size
- 275
17. Mo
United Kingdom · Compensation Management Software
Developer of employee engagement platform designed to create a shared sense of togetherness at work. The company's tool utilizes the data created through interactions to provide real-time insights into employee…
- Revenue
- $28.9M
- Funding
- $3.8M
- Team size
- 189
18. Wellness Coach
United States · Compensation Management Software
Wellness Coach is a global wellness platform that inspires and engages workforces through personalized wellness offerings. We offer Challenges, Coaching, Rewards, Next Generation EAP, and Weight Management to support…
- Revenue
- $48.2M
- Team size
- 438
19. PrestigePEO
United States · Compensation Management Software
Partnering with small and mid-size businesses providing employee benefits, payroll management and strategic HR support and guidance
- Revenue
- $48.4M
- Team size
- 226
20. CloudPay
United Kingdom · Compensation Management Software
CloudPay is a cloud-based payroll management platform that helps businesses manage their global payroll processes. The platform provides tools for managing payroll data, calculating employee pay, and ensuring compliance…
- Revenue
- $49M
- Funding
- $127.5M
- Customers
- 3.9K
- Team size
- 1.4K
Coverflex vs the Compensation Management Software market
Coverflex ranks #2 of 50 Compensation Management Software companies by annual revenue, putting it in the top 4% of the market.
- Companies tracked
- 50
- Median revenue
- $2.3M
- Median funding
- $11.9M
- Median team size
- 20
Coverflex funding
| Date | Round | Amount | Valuation |
|---|---|---|---|
| Feb 2023 | Series A | $15M | Not disclosed |
| Apr 2021 | Pre-Seed | $5M | Not disclosed |
Coverflex competitors FAQ
What companies are similar to Coverflex?
The closest alternatives to Coverflex are ConnectPay, Robin and Homethrive, all active in Compensation Management Software. This page compares each of them with Coverflex on revenue, funding, customers and team size.
What is the best alternative to Coverflex?
ConnectPay is the closest alternative to Coverflex, generating $38.4M in revenue. Which alternative fits best depends on budget and company size, so compare all 20 alternatives above before choosing.
How much revenue does Coverflex generate?
Coverflex generates $38.5M in revenue.
How much funding has Coverflex raised?
Coverflex has raised $20M in funding.
How many customers does Coverflex have?
Coverflex has 5K customers.
Is Coverflex bigger than ConnectPay?
Yes. Coverflex generates $38.5M in revenue versus $38.4M at ConnectPay.
