Thursday, October 17, 2024
10.2 C
New York

Flip: Raises $30M in Series A Financing

Flip Raises $30M in Series A Financing

  • Flip, a Stuttgart, Germany-based app for internal communications, raised $30m in Series A funding
  • The round was co-led by Notion Capital and HV Capital with participation from existing investors
  • The company intends to use the funds to advance staff development and recruiting, accelerate growth and move ahead with international expansion to the UK
  • The company enables companies to communicate in a fast manner, keeping employees equally informed and actively engaged
  • The startup allows businesses to integrate their existing internal communications IT infrastructure into a single access point and increase business efficiency
  • The company now has more than 200 customers, including McDonald’s, Rossmann, Edeka, Magna, and Mahle and a team of 100 people

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