• Platform processes more than 100,000 cross-border trips annually across 1,000+ country combinations
• Trip volume growing over 250% year-over-year
• 500+ enterprise customers worldwide, including Deel and Otto Group
• Investment to accelerate European expansion and product offering

Amsterdam/Munich, March 17th, 2026 — WorkFlex, the European technology platform whose compliance risk engine automates cross-border business travel and workforce mobility compliance, today announced a strategic growth investment led by Spectrum Equity. With more than 500 enterprise customers worldwide and trip volume growing over 250% year-over-year over 1,000 distinct country combinations, WorkFlex has emerged as one of the fastest-growing platforms in the emerging category of mobility compliance. Organisations such as Deel and Otto Group rely on the platform to manage cross-border travel and workforce mobility compliance.

As global business travel continues to grow and cross-border work becomes more common, companies face increasing complexity in managing tax, social security, immigration and labour law obligations across jurisdictions. In 2024 alone, European residents made more than 120 million business trips, according to Eurostat, creating millions of potential compliance events for employers operating internationally.

WorkFlex’s compliance risk engine enables organisations to manage these obligations through automated compliance workflows and audit-ready documentation. The platform supports processes such as A1-Certificates and Certificates of Coverage (COC), Posted Worker Directive (PWD) notifications, visas and tax exposure assessments.

Founded in 2022, WorkFlex now processes more than 100,000 cross-border trips annually, with volume growing more than 250% year-over-year across over 1,000 distinct country combinations. Through automated decision logic and integrated documentation management, the platform replaces fragmented manual workflows and advisory processes with structured, scalable compliance technology.

The new investment will allow WorkFlex to accelerate European expansion, deepen product capabilities, and expand into adjacent areas of mobility risk management.

“Every cross-border work event triggers a chain of legal and compliance consequences. Companies need systems that make those decisions consistent, traceable and defensible. Compliance cannot live in spreadsheets and inboxes anymore - it needs technology.”
– Pieter Manden, Co-Founder of WorkFlex

“We are building the automation layer for cross-border compliance. Enterprises need systems that integrate and operationalise compliance decisions at scale. This investment allows us to expand internationally and continue developing our platform for globally operating organisations.”
– Patrick Koch, Co-Founder of WorkFlex

“From our multi-decade experience investing in compliance and information companies, we see how platforms like WorkFlex can become mission-critical technology. As regulatory complexity and enforcement increase, organisations need systems that operationalise compliance across jurisdictions. WorkFlex has built a differentiated platform in this emerging category and we are excited to support the team as they scale.”
– Parag Khandelwal, Managing Director at Spectrum Equity

About WorkFlex

Founded in 2022 by Pieter Manden and Patrick Koch, WorkFlex is a European technology platform for business travel and workforce mobility compliance. The company provides structured digital technology that enables enterprises to manage cross-border compliance obligations in a scalable and audit-ready manner.

Through the WorkFlex platform, employers and employees are supported in managing key cross-border compliance requirements including tax and social security obligations, A1-Certificates and Certificates of Coverage (COC), Posted Worker Directive (PWD) notifications, and visas. WorkFlex’s recently launched SOS solution further helps organisations fulfil their duty-of-care responsibilities by keeping travelling employees informed and enabling companies to respond quickly when situations escalate.

As regulatory enforcement increases and international workforce mobility becomes more complex, organisations face growing exposure across immigration, tax and employment law. WorkFlex replaces fragmented manual processes with centralised workflows and compliance visibility, enabling governance teams to manage mobility-related risks systematically.

A fully-remote company registered in Amsterdam, WorkFlex serves enterprise customers across multiple industries worldwide. The company is backed by Spectrum Equity, Visionaries Club, s16vc and a number of successful technology founders. WorkFlex’s vision is to build a world where global business knows no borders - where compliance is effortless, so growth has no limits.

About Spectrum Equity

Spectrum Equity is a leading growth equity firm providing capital and strategic support to innovative companies in the information economy. For over 30 years, we’ve partnered with a select group of category-leading software, data, and consumer internet businesses. Illustrative investments include Verafin, Business Monitor International, World-Check, BATS, Quantile, Origami Risk, Netcraft, Lucid Software, SurveyMonkey, and Ancestry. Portfolio companies referenced are for informational purposes only and do not constitute an offer, solicitation or recommendation to sell or purchase, any securities, investment products or investment advisory services. For a list of Spectrum Equity’s portfolio companies, please visit https://spctrm.pe/list-of-investments, which is updated periodically and reflects investments that have been publicly announced. No assumption should be made that any portfolio company shown was or will be profitable. The forward-looking statements and views expressed herein are those of Spectrum Equity as of the date indicated and are subject to change without notice.