FlowX.ai
Helping financial services build unbounded from legacy technology limitations.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor investor investor investor | €0.0 | round |
| investor investor investor | €0.0 | round | |
* | $35.0m | Series A | |
| Total Funding | 000k | ||
| USD | 2022 | 2023 |
|---|---|---|
| Revenues | 0000 | 0000 |
| % growth | - | 58 % |
| 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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Flowx.ai is a startup that operates in the field of Artificial Intelligence (AI) and enterprise application modernization. The company provides a long-term solution for businesses looking to modernize their digital transformation processes, legacy systems, and infrastructure. This includes the development and rapid launch of complex digital products to drive growth.
Flowx.ai primarily serves large enterprises that are struggling with outdated legacy systems. These businesses often have a significant portion of their IT budgets tied up in maintaining these systems. Flowx.ai offers a solution that allows for fast integrations with simplified, lower-cost implementations, helping businesses to reduce their IT and operational costs.
In addition to modernizing applications and systems, Flowx.ai also aids in digital product development. The company recognizes the intense competition in the market and the challenges businesses face in securing and growing their market share. To address this, Flowx.ai helps enterprises build complex omnichannel digital products that offer excellent user experiences.
One of the key selling points of Flowx.ai is its commitment to openness and flexibility. The company understands that businesses are tired of being locked into proprietary programming languages and the associated vendor fees. Flowx.ai offers a solution that allows businesses to build and extend their digital platforms easily, providing scalability and security without tying them to a specific vendor or language.
Flowx.ai's business model is based on providing a unified, robust enterprise platform that is future-proofed for the long term. The company makes money by charging for its services, which include application modernization, digital product development, and IT cost reduction.
Keywords: AI, Enterprise Application Modernization, Digital Transformation, Legacy Systems, Infrastructure, Digital Product Development, Openness & Flexibility, Scalability, Security, Cost Reduction.