HomeStartup NewsFlexiBees Raises Pre-Series A Round Led by Inflection Point Ventures

FlexiBees Raises Pre-Series A Round Led by Inflection Point Ventures

FlexiBees, a premier talent marketplace providing flexible, part-time, and remote work solutions, has successfully raised its Pre-Series A round led by Inflection Point Ventures. The round also saw participation from notable investors including Shan M S, COO of Namma Yatri, and Reema Mahajan, founder of International Women in Dubai. The funds will be used to accelerate growth and enhance the development of the AI-augmented, human-vetted talent marketplace.

Empowering Women Professionals

FlexiBees is dedicated to connecting highly qualified women professionals with part-time, project-based, and remote assignments. With an extensive network of over 60,000 vetted professionals, FlexiBees has enabled more than 700 businesses globally, including major firms like Kimberly-Clark Professional and Tata Realty, as well as high-growth startups such as Qapita and Creditmantri, to access top-tier talent. The platform has successfully placed 1,400+ women in flexible careers and impacted over 20,000 women through returnship preparation and interview coaching.

Leadership Team

  • Shreya Prakash, Co-Founder and CEO, brings a decade of experience at Hindustan Unilever, directing Business Development and Marketing.
  • Rashmi Rammohan, Co-Founder and COO, oversees Business Delivery, Technology, and Digital, with a distinguished background at P&G.
  • Deepa Swami, Co-Founder and Chief Talent Officer, manages Talent Acquisition, Project Operations, and Finance & Legal, with prior roles at KPMG and Aptech.
FlexiBees Leadership - fyi9
L-R Rashmi Rammohan, COO, Shreya Prakash, CEO, Deepa Swamy, Chief Talent Officer

All three co-founders are distinguished MBA graduates from IIM Bangalore.

Expanding Technological Infrastructure

The new funds will be used to expand FlexiBees’ technological infrastructure, refine its AI algorithms, and broaden its market presence to better serve both employers and talent. This initiative aims to provide businesses worldwide with access to a remarkable talent pool, helping them grow competitively.

Benefits for Startups and SMBs

FlexiBees offers startups and SMBs cost-effective and agile solutions, significantly reducing hiring time by 90%. Their advanced vetting technology ensures high-quality matches, with 70% of business from repeat clients. The platform provides a broad range of roles such as Sales, Digital Marketing, Finance, HR, and Technology. For professionals, FlexiBees offers flexible, career-advancing opportunities that promote financial independence and agency.

Vikram Ramasubramaniam, Partner at Inflection Point Ventures, stated, “Balancing household and office responsibilities often takes a significant toll on individuals, such as new parents or those caring for aging relatives, leading to compromises. FlexiBees addresses this by offering part-time, project-based, and remote jobs, enabling professionals to manage both their personal and professional lives effectively. This approach allows them to contribute their expertise while maintaining personal commitments, benefiting employers with access to skilled talent.”

Shreya Prakash, Co-Founder & CEO, FlexiBees, said, “Our objective is to scale our operations to generate employment opportunities and improve employability for millions of women professionals currently outside the full-time workforce. This initiative will provide business across the world with access to a remarkable talent pool, helping them grow competitively. We express our sincere gratitude to Inflection Point Ventures for their confidence in our vision and ambition. We could not have asked for more esteemed partners.”

Rashmi Rammohan, Co-Founder and COO, added, “We recognized early on that the traditional marketplace matching approach was insufficient for our needs. Companies today are hiring for a wide array of roles flexibly, from Sales and Marketing to Content Strategy. Traditional gig Marketplaces, lack the capability to effectively manage these complex skill matches.”

Recognition and Future Plans

In 2022, FlexiBees was honored as the first runner-up in the Tie Women’s competition for South East Asia and South Asia and was recognized by Jefferies as a pioneering force in the flexible work sector. FlexiBees targets startups and SMBs within a global ecosystem of over 3.5 million startups, seeking to capture a share of this substantial market by offering experienced, cost-effective, and on-demand talent from India and other regions.

With the successful completion of its Pre-Series A round, FlexiBees is set to further its mission of empowering women professionals and providing businesses with access to top-tier talent. The company continues to innovate and expand, making flexible work solutions more accessible and effective for both employers and professionals.

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