Five Flute
An issue tracking and collaboration platform for people the develop physical products.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
* | $1.2m | Seed | |
| Total Funding | 000k | ||
| USD | 2022 | 2023 |
|---|---|---|
| Revenues | 0000 | 0000 |
| EBITDA | 0000 | 0000 |
| Profit | 0000 | 0000 |
| EV | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 |
Source: Dealroom estimates
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Five Flute is a cutting-edge continuous design review platform tailored for modern engineering teams. It facilitates the sharing, reviewing, and improvement of engineering designs by integrating seamlessly with popular engineering tools like Solidworks, CREO, CATIA, Arena, and Duro. This platform is designed to streamline the design review process, allowing teams to move faster and catch mistakes earlier through quick markups and detailed annotations.
Five Flute serves engineering teams of all sizes, from small startups to large enterprises, particularly those working on complex products. The platform operates in the engineering and product design market, providing a solution that enhances collaboration and efficiency in design reviews. By enabling users to highlight issues directly on 3D and 2D models, and by allowing drag-and-drop uploads of native CAD files, STEP, and STL, Five Flute eliminates the need for expensive CAD licenses for review participants.
The business model of Five Flute is likely subscription-based, offering both free and paid tiers. Users can get started for free or opt for a demo to explore advanced features. The platform makes money by charging for premium features, which may include enhanced security options like Single Sign-On (SSO), Two-Factor Authentication (2FA), and data encryption.
Five Flute's unique selling proposition lies in its ability to capture the engineering rationale behind every design decision, building a comprehensive design history without additional administrative effort. This system of record helps teams leverage lessons learned from previous reviews, fostering continuous improvement. The platform's frictionless setup, intuitive markup tools, and sleek user interface ensure that teams can start reviewing designs in under a minute, without the need for lengthy implementation processes.
In summary, Five Flute is a versatile, secure, and user-friendly platform that revolutionizes the way engineering teams conduct design reviews, making the process more efficient and collaborative.
Keywords: design review, engineering teams, CAD integration, collaboration, 3D models, annotations, security, subscription-based, intuitive UI, continuous improvement.