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Flare HR

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Human resources and payroll technology start-up

Sydney, AustraliaFounded 2015Fintech
Valuation $100–250M Last recorded · 2020
Headcount 100–500 Current team size
Total funding $50–100M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Flare HR and the history behind them.

About Flare HR

Flare HR is a financial technology company that offers a comprehensive suite of HR and payroll software solutions. The platform is designed to streamline HR processes for businesses of all sizes, with a particular focus on employee onboarding, benefits administration, and payroll management.

The company's core offering includes a free digital onboarding software that automates and simplifies the new-hire process, reducing administrative tasks and eliminating paperwork. This feature is a key component of Flare's strategy to attract a large user base.

In addition to its free HR tools, Flare HR provides a benefits and discounts program, enabling employers to offer competitive perks to their employees without the need for large budgets. The company also offers paid payroll software, which likely constitutes a significant portion of its revenue. The business model appears to be a freemium one, where core HR services are offered for free to attract customers, who can then be upsold to paid services like payroll and premium benefits packages.

Flare HR primarily serves the Australian market, with one in three Australian employees reportedly using its technology. The company targets a wide range of clients, from small and medium-sized enterprises (SMEs) to larger corporations, by offering scalable solutions that can be tailored to different business needs.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2015
Headquarters
Sydney, Australia
Employees
130
Open positions
2
Dealroom signal
60.5/100
Industry
Fintech, Jobs Recruitment
Sub-industry
Financial Management Solutions
Sector
Fintech, Human Resources, SaaS, Onboarding, Platform
Business model
SaaS
Client focus
b2b

Funding history

4 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITIONOther financing Sep 2022 $0 — MYOB ↗
SERIES COther financing Oct 2020 $22M $88M Point72 Ventures · Malcolm Turnbull · David Fite · MYOB ↗
Showing the latest 2 of 4 recorded eventsBook a demo for the full funding history →

Growth signals

Flare HR website traffic

Latest recorded traffic for Flare HR is 230K monthly website visits, up 9.5% over the last three months. Flare HR's team grew 0% over the past year.

Latest monthly visits230K 3-month web change+9.5% 1-year team growth0%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

6 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A2 investors entered at this stage

  • Reinventure
  • Point72 Ventures

Series B and later4 investors entered at this stage

  • MYOB
  • Malcolm Turnbull
  • David Fite
  • Acorn Capital
Team profiled 7 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
3 countries with
team presence
🇦🇺 Australia92.9%
🇳🇿 New Zealand6.1%
🇵🇭 Philippines1%
3 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Flare HR on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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