Published On: Sun, Feb 23rd, 2020

Flip raises $4M to pounce on a flourishing zone of worker messaging

We’re all informed with content messaging groups for multi-person coordination. I’ve mislaid count of how many WhatsApp, Telegram and Facebook follower groups I’m on! Other apps like Threema have started to be used in a business context and startups like Staffbase have motionless to turn full-blown “workforce messaging” platforms. The meditative now among investors is that messaging is about to raze in all sorts of verticals, creation it a abounding join to mine.

In that vein, Flip, a Stuttgart, Germany-based worker follower app, has now lifted €3.6M ($4M) from LEA Partners and Cavalry Ventures, together with Plug and Play Ventures and Business Angels such as Jürgen Hambrecht (Chairman of a Supervisory Board BASF), Prof. Dr. Kurt Lauk (Chairman of a Supervisory Board Magna International), Florian Buzin (Founder Starface) and Andreas Burike (HR Business Angel). The collateral lifted will fuel a enlargement of a group and a growth of serve markets.

Founded in 2018, a startup offers companies a height that connects and informs employees opposite all levels in a legally agreeable manner.

That final partial is important. The focus is formed on a GDPR-compliant information and worker insurance concept, that was certified jointly with experts and works councils of several DAX companies. It also integrates with many existent corporate IT infrastructures.

The startup has now cumulative business including Porsche, Bauhaus, Edeka, Junge IG Metall and Wüstenrot Württembergische. Parts of Sparkasse and Volksbank are also among a patron base. Deutsche Telekom is also a partner.

“Flip is a easiest resolution for inner communication in companies of all sizes,” Flip owner and CEO Benedikt Ilg pronounced in a statement.

Bernhard Janke from LEA Partners said: “As a immature company, Flip has been means to attract prestigious clients. The gaunt resolution can be integrated into existent IT systems and existent communication processes, even in vast organizations. With a financing round, we wish to serve enhance a group and product and so support a founders in their prophesy of creation digital workforce rendezvous permitted to all companies.”

Claude Ritter of Cavalry Ventures said: “We are assured that Flip is environment new standards in this still immature marketplace with the safe, lightweight and intensely absolute product.”

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