FLOWX.AI, a Romania-based enterprise platform that enables banks and financial institutions with complex IT infrastructures to build fast, raised $8.5 million in a seed round.
The round, which is one of the largest European seed rounds this year, was led by PortfoLion. Other institutional investors are Day One Capital and SeedBlink.
The company will use the capital to expand in Europe and the US, expecting to grow the team with more than 20 people by the end of Q1 2022 to face the surging demand from Banking and other Financial Industry companies worldwide.
Also, the engineering and data science team will increase bandwidth to enhance the AI components and develop new functionality.
Company: FLOWX.AI Inc.
Round: Seed round
Funding Month: November 2021
Lead Investors: PortfoLion
Additional Investors: Day One Capital and SeedBlink
Company Website: https://www.flowx.ai/
Software Category: Enterprise platform
About the Company: FLOWX.AI is the first development platform that allows FIs and other enterprises to build amazing digital apps in just 10 weeks while reviving their legacy infrastructure and providing a path to re-building it from within. FLOWX.AI wraps and orchestrates legacy systems, making it incredibly easy for enterprises to create web and mobile front-ends for mission-critical business flows. The revolutionary AI-enabled Apeiron UX engine can automatically create a modern, intuitive front-end for customers and employees, helping to consolidate in a unified UI all the business logic cross-systems.