or the third consecutive year, Coverflex has been named to the Sifted Leaderboard of the 100 fastest-growing startups in Europe. Three consecutive appearances on a list that resets every year is not something that we take for granted. It is a clear indication of hard work: built by a team of 300 with the real needs in the markets in mind.
Three years, not three moments
The Sifted Leaderboard identifies the 100 private, independent startups with the strongest revenue growth across nine countries, including Portugal, Spain, Italy, and France, ranked by compound annual growth rate over the past two financial years.
What makes three consecutive inclusions significant is that this is not a cumulative list. Each edition is a fresh ranking of current performance, which means companies that have previously appeared in previous years must earn their place again. Sustained growth across multiple financial years is both the requirement and the proof.
The problem worth solving
We started Coverflex because compensation in Europe was broken for everyone involved. HR teams were managing spreadsheets. Finance teams were drowning in manual processes. Employees had no visibility into the value of what they were receiving.
Three years on the Sifted Leaderboard tells us the market agrees. If you are building a company in Europe and compensation is still that problem, Coverflex was made for you.
Staying relevant to that problem is what we think about most. As the way Europeans work continues to shift, so do the expectations companies face around compensation, flexibility, and what it means to take care of people at work. We remain committed to building ahead of that curve while staying grounded in what our customers are dealing with today. That is what drives the product decisions we make, the markets we enter, and the way we show up for the people using Coverflex every day.
The people behind it
Growth at this scale does not happen without the people who trust you, back you, and do the work:
- Our customers, who rely on us to get compensation right for their teams
- Our partners, who extend what we can offer across Europe
- Our investors, who bet on a better version of the market
- Our team, who show up every day and make this real
Thank you. There is a lot more to build.
