AI startup Flex raises $60 million to offer finance tools for mid-sized businesses

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Dec 4 : Flex, an artificial intelligence startup that aims to be a one-stop shop for the financial needs of mid-sized business owners, said on Thursday it has raised $60 million in a Portage Ventures-led funding round. The Series B round valued the firm at around $500 million, according to a person familiar with the deal. It takes Flex's total equity raise to $105 million. The company said it is targeting "jumbo shrimps" — mid-sized profitable businesses earning between $2 million and $100

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