Zürich-based FLOWIT AG, a coaching platform, announced that it has secured CHF 4M (approximately €4.21M) in an oversubscribed seed funding round. The deal was announced via a LinkedIn post.
FLOWIT looks to transform the people development sector with its AI-powered platform, focusing on digital coaching specifically designed for non-desktop workers.
The round was co-led by Vi Partners and Alstin Capital (managed by Carsten Maschmeyer), with additional backing from Daniel Gutenberg.
Capital utilisation
The funds will help scale FLOWIT, drive international expansion, and enhance value for its customers.
According to tech.eu, the company looks to grow its team from 20 to 50 employees by 2025 to meet demand and accelerate international expansion.
What is FLOWIT?
Founded in 2020 by Dr. Yasemin Tahrism, Bilâl Tahris, Hosam Shahin and Stephan Müller, FLOWIT aims to boost employee engagement and business success through its intuitive HR software, designed to adapt to today’s fast-changing work environment.
Recognising that traditional annual reviews are no longer sufficient, FLOWIT offers tools like pulse surveys, real-time feedback, and skill management to help managers understand employee needs and support their development.
The company uses human-centered AI to deliver actionable insights and supports continuous improvement.
“FLOWIT provides a platform that makes diversity and inclusion a normal part of everyday life. People are developed and promoted according to their skills and not based on gender, skin colour or other factors,” says FLOWIT.
Since its launch in September 2021, the company has assisted over 70 organisations in boosting employee engagement and reducing turnover costs by up to 50 per cent. The platform’s ethos is “FLOWIT AI – made by humans for humans.”
FLOWIT evaluates only anonymised data, stored in ISO-certified data centers under DSGVO/GDPR-compliant conditions.
