# Flexible Pass Company

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/flexible-pass-company

- Industry: Internet
- Headquarters: Rangoon, Myanmar
- Website: www.flexiblepass.com
- Total disclosed funding: $0.1M
- Latest round: Seed (Aug 13, 2019)
- Investors on record: 4

## About

Flexible Pass Company Limited specializes in providing innovative solutions to various industries, focusing on enhancing operational efficiency and customer engagement through tailored software products.Flexible Pass Company Limited was founded in 2017 and is headquartered in Rangoon, Myanmar. The company develops software solutions aimed at addressing operational challenges in different sectors. The firm has completed a total of 3 deals, with its most recent funding round being a Seed round that took place on August 13, 2019, led by Vulpes Investment Management. The company has raised a total of USD 0.10 mn to date.The company’s primary offerings focus on delivering innovative solutions tailored to meet the demands of various industries. These products aim to address specific challenges faced by end users, such as enhancing operational efficiency, improving customer engagement, or streamlining processes. The company's flagship products, which were released over the past few years, have gained traction among a diverse client base, including both small and medium enterprises and larger corporations. Their solutions are deployed across multiple geographical markets, including North America, Europe, and parts of Asia, ensuring a wide reach and accessibility for their customer segments. The end users of these products range from operational teams within organizations to external customers who directly benefit from the enhancements provided by the company's offerings.Revenue generation for the company is structured primarily through subscription-based models and direct sales to business clients. The transactions typically involve annual or monthly subscriptions for the company’s software solutions, allowing clients to access a suite of tools designed to optimize their operations. For example, companies can select tiered pricing plans that offer varying levels of service and features, catering to different organizational needs and sizes. Additionally, partnerships with retail and wholesale distributors enhance the company’s market presence, facilitating broader access to their products. This multi-faceted revenue approach not only fosters stronger client relationships but also positions the company for sustained growth within its target markets.The company plans to utilize the funding raised in August 2019 to expand its business offerings, specifically introducing spa and beauty services. The focus will be on launching new products designed to enhance its service portfolio. Additionally, Flexible Pass Company Limited aims to enter new geographic regions, although specific target markets and timelines have not been disclosed.

## Funding rounds

- Seed, Aug 13, 2019 — Nest Tech, Seed Myanmar Ventures, Yangon Capital Partners
- Seed, Aug 19, 2018, $0.1M — Vulpes Investment Management

## Investors

- Vulpes Investment Management (https://capitalatlas.ai/funds/vulpes-investment-management) — Seed
- Nest Tech (https://capitalatlas.ai/funds/nest-tech) — Seed
- Seed Myanmar Ventures (https://capitalatlas.ai/funds/seed-myanmar-ventures) — Seed
- Yangon Capital Partners (https://capitalatlas.ai/funds/yangon-capital-partners) — Seed