StructureFlow, a London, UK-based data visualization platform, closed $6 million in Series A funding round, bringing its total funding to $15 million.
Investors
The round was led by FINTOP Capital, a US-based FinTech fund, with follow-on investment from Venrex, part of Select Equity Group.
Founded in 2016, FINTOP Capital is a venture capital firm based in Nashville, Tennessee. The firm invests in B2B service-enabled SaaS and software companies in the FinTech space.
StructureFlow Use of Funds
The company will use the funding to enhance product development and support international expansion.
About StructureFlow
Founded by Tim Follett, Structure provides a data visualization platform. The company leverages generative AI to parse documents and automate the creation of data-driven structure charts from complex data sources, such as M&A documents and corporate registers. StructureFlow’s platform is utilized by over 50 major legal and professional services firms worldwide. Its customers include prominent Am Law 100 firms Baker McKenzie, Bryan Cave Leighton Paisner, and Norton Rose Fulbright, as well as British ‘Magic Circle’ firms Slaughter and May, A&O Shearman and Linklaters.
Funding Details
Company: StructureFlow Ltd.
Raised: $6.0M
Round: Series A
Funding Month: May 2024
Lead Investors: FINTOP Capital
Additional Investors: Venrex
Company Website: https://www.structureflow.co/
Software Category: Data Visualization
Source: https://tech.eu/2024/05/30/structureflow-raises-6m-series-a-for-accessible-data-visualisation/