Stuttgart-based software program scale-up for deskless staff, Flip, introduced immediately a €25 million Collection A extension as a way to drive focused developments in AI and speed up development.
The spherical was led by current buyers together with LEA Companions, HV Capital, Notion Capital, in addition to Roland Berger.
“The belief proven by our current buyers is a powerful sign of confidence. It demonstrates their perception in our mission and their dedication to supporting us on this journey,” mentioned Benedikt Model, Founder and CEO of Flip. “With this momentum, we’re able to form the following period of AI-driven work.”
Based in 2018 inside Porsche by then-trainee Benedikt Model, Flip was born out of frustration with the disconnect between HQ and groups on the manufacturing facility ground.
Its platform is goal constructed for firms with a excessive proportion of deskless staff, who make up 80% of the global workforce, and digitises all touchpoints between these staff and their organisations. Designed to assist HR, Communications, Operations groups, and deskless staff streamline their every day workflows to assist them work smarter, save time and deal with value-adding duties.
Since its founding, Flip has raised over €52 million in whole funding and is now being utilized by greater than 500 firms – together with manufacturers like McDonald’s, Rossmann, Bosch, and Porsche.
In 2024, Flip acquired UK-based The Bot Platform, previously a Meta accomplice and serving prospects akin to Coca-Cola and GSK, bringing low-code, AI-powered instruments into the platform to assist HR and comms groups automate onboarding, engagement, studying, and recognition.
Model added: “There’s nonetheless large untapped potential in digitalisation – particularly for deskless groups, the place AI can considerably increase effectivity and enhance each administration and employee retention.
“We selected to increase our Collection A funding as a result of the alternatives forward are too good to disregard. From unlocking highly effective product enhancements to delivering even larger worth for our prospects, we’re all in. Most significantly, we’re doubling down on our promise: distinctive service that drives actual, measurable effectivity.”
Unveiled on the firm’s flagship Berlin occasion, Flip Ahead, the brand new funding will help the following part growth of Flip Intelligence; an AI-powered answer that automates shift planning, information administration, suggestions assortment, and onboarding processes.
By combining information switch with AI-driven automation, Flip appears to be like to spice up productiveness, scale back course of dangers, and improve worker engagement, whereas persevering with to ship vital time and price financial savings. Flip’s AI options are reportedly embedded into the platform, without having for third-party instruments.
Nils Seele, Associate at LEA Companions, commented on the funding: “Within the age of AI, the best way we entry and work together with enterprise processes is essentially altering. Lengthy gone are the times of fragmented instruments , it’s now time to deal with clever bundling in a central platform. The Flip group is engaged on this imaginative and prescient with spectacular vitality and experience. That’s why we’re doubling down on our dedication. We need to allow each worker to work in a radically higher approach.”
Along with increasing its AI capabilities, Flip can be specializing in world enlargement. Present worldwide purchasers embody Sixt Norway, Ben & Jerry’s Australia, the Australian Soccer League (AFL) and the College of Rock.
To help this enlargement, Flip has appointed Simon Eck as SVP World Gross sales. Eck beforehand led gross sales for the EMEA area at Staffbase and brings expertise in worldwide B2B SaaS gross sales.
“Via integrations and the usage of AI, Flip is changing into the intelligence layer between an organisation and its folks – automating workflows and usually enabling way more environment friendly and engaged work. We’re very excited to be doubling down and making an additional funding within the enterprise,” explains Jos White of Notion Capital.
