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Storm is a Manila-based HR technology firm that allows employees to convert their benefits (e.g. vacation, sick days, insurance, etc) into points that then be redeemed on its online marketplace, Storm Flex. Storm Flex features upto 15,000 digital and physical goods, ranging from cell phones to flights and additional health insurance plans for dependents, giving employees the power to choose their own benefits. The same marketplace forms the backbone of Storm Kudos, an incentives platform that allows companies to reward their high-performing employees with points that they can then redeem in the marketplace. A pioneer in the space, Storm is tapping into Southeast Asia’s $229B benefits market and counts many of the Philippines’ largest companies among its client base.
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