SINGAPORE – FlexOS has closed an oversubscribed $1 million seed round to drive employee engagement and retention for companies that are adopting a hybrid work model. Do Ventures, an early-stage VC firm, led the funding round, followed by VIK Partners, Vulpes Ventures, Hustle Fund, Wing Vasiksiri (iSeed SEA), and Plug and Play Ventures.
“Do Ventures is delighted to partner with FlexOS on its mission to reimagine how teams can collaborate effectively across time zones in ways that promote productivity and well-being from anywhere.
FlexOS is a high potential team with extensive industry knowledge and a great passion for creating the ideal employee experience in the new era of work, which can allow it to effectively penetrate other markets in Asia-Pacific,” said Vy Le, General Partner at Do Ventures.
They are joined by angels including Windy Natriavi, an early GoJek VP, renowned management consultant Dr. Ramesh Ramachandra, Jeff Lonsdale, Julian Low, Kheng Lian, Marc Gottesman, and Amarit “Aim” Charoenphan.
Investing in a hybrid future of work
These investors have confirmed the tremendous opportunity that hybrid work presents in Asia. According to research from McKinsey, a leading consultancy, 90% of companies will switch to hybrid work, combining work from home and work from the office.
In South-East Asia, hybrid work is often not even a choice for employers. In Singapore, 2 in 5 employees would not accept a job if their employer doesn’t provide them with flexibility for when and where to work. In Vietnam, only 9% of Gen Z want to work in an office full-time. And in Indonesia, 83.5 percent of employees prefer to work in hybrid mode.
Their employers experience challenges when introducing hybrid work. Companies need to introduce, measure, and optimize hybrid ‘policies.’ They must redesign their offices and operate them differently to provide on-demand spaces to focus, meet, and collaborate. Most importantly, they need to be much more intentional about their employee engagement, as a vast body of research shows that connection, community, and company culture suffer when people do not work together in person.
“We’re incredibly excited to have the belief and backing from these renowned investors, who were previously behind Paypal, Dropbox, Webflow, VUDU, Chope, Loship, MindX, Coolmate, Nerdwallet, and more. It shows that the opportunity to solve hybrid work’s biggest challenges is real and large.
With their support, we’re uniquely positioned to take what we’ve learned in running engaging offices for hundreds of employers, and bring it to any company in the region.
It’s our deep belief that the best things happen when we’re together. In a world where we work less and less in the same place, we need to bring people (back) together to connect, belong, collaborate, celebrate, learn, and have fun.”
– Daan van Rossum, CEO, FlexOS
An employee-centric approach to making hybrid work, work
Having backgrounds in employee experience, coworking, and technology, the FlexOS founding team of Daan van Rossum (Ogilvy, Dreamplex), Greg Marschall (Knowork), and Jonah Levey (Vietnamworks, Dreamplex) saw the shift of companies moving towards hybrid working.
They also gained a unique understanding of how to best address companies’ challenges when transitioning to this flexible way of working. Together, they developed FlexOS to offer companies a data-driven set of tools to engage and retain hybrid teams and operate hybrid offices.
“Managing a hybrid workforce and workplace is difficult, even for the most advanced companies. FlexOS goes well beyond addressing the administrative challenges of hybrid work by creating an engaging and fulfilling employee experience.
We help employees stay more connected to their colleagues and their companies, feel part of a workplace community while working in or out of the office, and ultimately support people and companies to be more successful. This meaningful outcome, along with working alongside a phenomenal group of co-founders and investors, makes me thrilled to be a part of FlexOS”
– Jonah Levey, Executive Director, FlexOS.
Features include gamified office check-ins, desk and meeting room booking, and up to 10 monthly events and activities tailored to employees’ unique interests. These employee-centric features work in unison to get people together again, and to make the office a place people love coming to on the days they choose to do so.
“The desire to connect with your work on a social and purpose-driven level is a persistent human need that’s only been exacerbated during our time working in isolation. We all know that the way we work is changing, but how we find meaning, growth, and fulfillment from our workplaces is in need of a major upgrade.
We are so proud to be working with such an incredible group of founders, designers, builders, and marketers – now joined by highly experienced investors – helping FlexOS power the future of work.” – Greg Marschall, Chief Product Officer, FlexOS