overflex is, for the first time, on the annual list of “Wired's 100 Hottest Startups in Europe”.

Every year, the British edition of the North American publication lists startups that are making people talk on the European continent. The companies chosen annually by Wired are, on the one hand, the result of the publication's local research and, on the other hand, named through conversations with people involved in the different ecosystems, “in order to get to know their reading of the local reality”, writes the magazine.

“Coverflex is pioneering a new concept: compensation as a service”, underlines the magazine in its August issue.

“Being on Wired magazine's list just seven months after we entered the market is a validation of two important goals: on the one hand, that we have already been noticed in the market and, on the other hand, the enormous potential of our product in a job market that's going through a profound transformation, which we want to and can be part of”, emphasises Miguel Santo Amaro, co-founder and CEO of Coverflex.

Coverflex's founders: Luís Rocha, Rui Carvalho, Nuno Pinto e Miguel Santo Amaro

Coverflex's flexible compensation solution allows companies to gather compensation management beyond salary: benefits, meal allowance and exclusive discounts.

“As we reflected in the decade of Wired's 100 Hottest Startups, these companies are a group like no other: they have survived an unprecedented year, embodying what the entrepreneurial spirit is all about. Our Hottest Startups 2021 are not necessarily bigger, more famous, or better funded. Our goal is to identify the startups that are generating buzz: the companies that people talk about and are inspired by,” notes Wired magazine.

Wired's annual ranking, launched in 2009 in the UK, has actively covered the UK entrepreneurial and technological ecosystem. The magazine, founded in San Francisco in the 1990s, has become a reference in this area, not only in the UK but throughout Europe, relocating coverage on the European continent with reporters from Stockholm to Moscow, from Paris to Tel Aviv, looking for businesses that are making entrepreneurs excited and attracting the attention of investors and other players, due to their ambition and potential.