Flowit funding news – Switzerland-based FLOWIT Secures €4.2 Million in Seed Funding

This gap is filled by FLOWIT, which improves employee engagement by providing feedback and learning processes to help businesses and people in their day-to-day work. Daniel Gutenberg co-led the round alongside Carsten Maschmeyer's funds, Vi Partners and Alstin Capital.

In the DACH region, FLOWIT has grown to serve more than 70 clients since its September 2021 market launch, including healthcare facilities, lodging establishments, and real estate firms.

Currently, more than 30,000 workers make use of the SaaS service. The platform increases employees' emotional and normative engagement to their companies while lowering turnover costs by as much as 50%.

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With automated procedures, real-time data, and AI-driven dashboards, it lightens the load on HR and leadership teams, freeing up more time for proactive leadership and promoting a positive workplace culture. Features like customizable emphasis areas for employee development and employee satisfaction surveys are provided by the solution.

Gaetano Zanon, Vi Partners said, “We are excited to co-lead FLOWIT's first institutional funding round. FLOWIT's generative AI-powered platform offers innovative solutions for the 80 per cent of the global workforce without desks.”

Meyer-Scharenberg, Alstin Capital, shared “Germany is one of the countries in the world with the greatest labor shortage. Filling vacancies and retaining good employees is a huge challenge for HR departments, as every employee turnover costs the company a lot of money. This is exactly where FLOWIT comes in, providing the often forgotten non-desktop employees with an AI-based digital coach that reduces employee turnover by up to 50 per cent.”

About FLOWIT

FLOWIT is an HR software that is digital and user-friendly, accessible to anyone. It provides real-time results based on recommended action actions, instant feedback, skill management, meeting facilitation, assessment of development goals, pulse surveys, and instant feedback. With the use of FLOWIT, managers may better comprehend the wants and needs of their staff. Additionally, it empowers staff members to assume accountability for their personal growth.