Flip, the German messenger app which allows employees to communicate and network with each other, has successfully raised €3.6 million in seed funding. The round was led by LEA Partners and Cavalry Ventures, and supported by prominent business angels.
Founded in 2018, Flip bundles together communication, information and processes into one app. The startup already boasts major customers including Porsche, Bauhaus and Edeka.
Founder and CEO Benedikt Ilg said:
“Flip is the easiest solution for internal communication in companies of all sizes. We are proud of the development of our company to date and see this investment as confirmation of our vision.”
Bernhard Janke from LEA Partners added:
“As a young company, Flip has been able to attract prestigious clients. The lean solution can be integrated into existing IT systems and existing communication processes, even in large organisations.
“With the financing round we want to further expand the team and product and thus support the founders in their vision of making digital workforce engagement accessible to all companies.”
The seed funding round will go towards the expansion of Flip’s team and development in further markets.