Meet Fleex, a French startup that was officially named Flexlab. The business wishes to make it much easier to provide some cash to your staff members so that they can invest it on a desk, an external monitor, some computer peripherals, a nice chair, etc. Basically, Fleex wants to make it easier to turn remote work into work.
If you work for a big business and have the ability to work from house, chances are your company has actually sent you an email stating that you can request an external monitor or an office chair to make work easier throughout the pandemic. And if you work for a small business, it most likely depends upon your employer.
Either way, some IT and facility departments now have to handle a big stock of gadgets and furnishings that is spread out around everyone’s homes. Establishing policies, ordering portals and inventory can be rather hard also.
Fleex basically wishes to help you with that circumstance. The company lets you assign a month-to-month budget for your employees. Individuals can then pick to invest that spending plan on a number of product or services.
The start-up works directly with providers to assemble an item brochure. In the meantime, Fleex is beginning with IT supplies and furnishings.
Fleex then buys products for you and sends out stuff to your home– it looks after the full lifecycle of the products. When a worker leaves the business, they need to send devices back to Fleex.
As you can see, Fleex has a various service design compared to your average software application startup. The company has to designate some capital to buy desks, chairs, screens, printers, etc. It has to find out whether workers efficiently invest their budget plan or if they leave some cash sitting on their Fleex account.
It has to learn whether items can last for a while before they need to be decommissioned. Simply put, it’s going to take a little bit of time to figure out the system economics behind Fleex.
The company is just getting going and is dealing with a couple of business to try out its offering. Far, Swile, Back Market and Shine have been using Fleex. They allocate a monthly budget plan of EUR55 per employee on average.
Fleex has raised a $2 million seed round (EUR1.7 million) and has actually signed up with eFounders, a European startup studio focused on software-as-a-service business.