FLOWIT, a Zurich, Switzerland-based digital coaching platform, has raised €4.2 million in seed funding.
Investors
The round was co-led by Vi Partners and Alstin Capital, with participation from Daniel Gutenberg.
Vi Partners is a prominent Swiss venture capital firm with a strong track record in supporting technology and healthcare startups. Established for over 20 years, the firm has invested more than CHF 330 million in 66 startups. Their managed funds receive backing from major Swiss companies and institutions.
Alstin Capital is a Munich-based early-stage venture capital fund focused on B2B software. The firm invests in fast-growing Seed and Series A B2B software companies across Europe.
FLOWIT Use of Funds
The company plans to expand its team from 20 to 50 employees by 2025 to support growth and international expansion.
About FLOWIT
FLOWIT is an AI-based platform for agile HR development. Designed to support non-desk employees—such as service technicians, healthcare workers, and hospitality staff—FLOWIT offers real-time feedback and development opportunities that traditional programs often miss. Since its launch in September 2021, FLOWIT has attracted over 70 customers in the DACH region and serves more than 30,000 employees.
Funding Details
Company: FLOWIT AG
Raised: €4.2M
Round: Seed Round
Funding Date: August 2024
Lead Investor: Vi Partners, Alstin Capital
Additional Investors: Daniel Gutenberg
Company Website: https://flowit.ai/
Software Category: HR and Personnel Development
Source: https://tech.eu/2024/08/22/swiss-digital-coaching-platform-flowit-raises-eur42m-in-seed-funding/