Flexera

Flexera

IT management and software optimization solutions

About Flexera

Simplify's Rating
Why Flexera is rated
B+
Rated B on Competitive Edge
Rated A on Growth Potential
Rated B on Differentiation

Industries

Enterprise Software

Company Size

1,001-5,000

Company Stage

Acquired

Total Funding

$2.9B

Headquarters

Itasca, Illinois

Founded

2008

Overview

Flexera offers IT management software and optimization solutions that help businesses control their software and IT costs. Its main products include IT asset management (ITAM) and software asset management (SAM) tools, which assist organizations in tracking and optimizing software usage. Flexera stands out from competitors with its Technology Value Optimization (TVO) approach, focusing on maximizing the value derived from technology expenditures. The company's goal is to support organizations in achieving growth and a strong return on investment (ROI) from their technology investments.

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Significant Headcount Growth
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Simplify's Take

What believers are saying

  • Flexera's Cloud License Management can save clients up to 25% on cloud bills.
  • The acquisition of Spot by NetApp strengthens Flexera's FinOps market position.
  • Recognition as a Leader in Gartner's Magic Quadrant boosts Flexera's market credibility.

What critics are saying

  • Emerging IT startups offering lower-cost solutions may erode Flexera's market share.
  • Rapid AI advancements could outpace Flexera's current technological capabilities.
  • Integration challenges from Spot acquisition may lead to operational inefficiencies.

What makes Flexera unique

  • Flexera specializes in IT management and optimization solutions for enterprises.
  • The company focuses on Technology Value Optimization to maximize technology investment returns.
  • Flexera's acquisition of Snow Software enhances its IT optimization capabilities.

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Funding

Total Funding

$2850M

Above

Industry Average

Funded Over

1 Rounds

Buyout funding comparison data is currently unavailable. We're working to provide this information soon!
Buyout Funding Comparison
Coming Soon

Growth & Insights and Company News

Headcount

6 month growth

-3%

1 year growth

8%

2 year growth

8%
Flexera
Apr 29th, 2025
Turn your impact into recognition: Enter the Technology Intelligence Awards

For the past four years, the Technology Intelligence Awards, presented by Flexera, have recognized the best of the best.

HR Today
Apr 11th, 2025
Jennifer Matsuoka Promoted to Vice President, People Operations, Strategy and Analytics at Flexera

Chicago, Illinois, United States, April 2025 - Jennifer Matsuoka has been promoted to Vice President, People Operations, Strategy and Analytics at Flexera, after spending over three years as Senior Director, People Strategy & Analytics.

GlobeNewswire
Apr 2nd, 2025
Flexera Launches Cloud License Management to Empower ITAM and FinOps to Save Up to 25% Off Their Cloud Bill

ITASCA, Ill., April 02, 2025 (GLOBE NEWSWIRE) - Flexera, the global leader in technology spend and risk management, today announced the release of Cloud License Management, a new product that helps organizations optimize the cost of software running in the cloud.

Flexera
Mar 4th, 2025
Flexera acquires Spot

We’re thrilled to extend a heartfelt welcome to the customers and partners across the the full range of the Spot product portfolio including Eco, Ocean, Ocean for Apache Spark, Elastigroup, Spot Security, and CloudCheckr.

Enterprise Times
Jan 15th, 2025
Flexera Acquires NetApp's FinOps Business

Flexera has entered into a definitive agreement to acquire the Spot by NetApp FinOps business from NetApp.

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