StructureFlow, a London, UK-based company that provides a visual platform for modeling corporate transactions, raised $3.5 million in pre-Series A funding, bringing the company’s total seed funding to $8 million.
The round was led by UK-based venture capital firm Venrex, with participation by angel investors Chris Adelsbach and Tariq Khan.
The funds will be used to accelerate the development of its visual modeling platform and to boost its sales and marketing efforts, with a particular focus on expansion in North America.
“We are thrilled to have secured significant funding in an extremely challenging environment,” Tim Follett, founder, and CEO of StructureFlow said. “Strong traction and our strength of vision have attracted forward-thinking investors. We will not rest until we have transformed the way people work on complex deals — moving the industry away from dense text to more visual ways of working.”
StructureFlow’s software is already used by some of the world’s largest and most prestigious law firms, including three of the five UK ‘Magic Circle’ firms and several Am Law 100 US firms.
The software enables real-time collaboration around complex corporate transactions, including brainstorming deal structures, designing step plans, and mapping transactions and disputes.
This investment propels the company further towards realizing its vision of becoming the gold-standard platform for structuring and executing the world’s transactions.
Company: StructureFlow Ltd
Round: pre-Series A
Funding Month: December 2022
Lead Investors: Venrex
Additional Investors: Chris Adelsbach and Tariq Khan
Company Website: https://www.structureflow.co/
Software Category: Visual Structuring Platform
About the Company: Founded by ex-corporate lawyer Tim Follett in 2018, StructureFlow is a LegalTech SaaS product designed to help lawyers and their clients quickly and easily create visual model legal structures and transactions with the layering of information and detail. StructureFlow helps leading organizations around the world mitigate risk and optimize efficiency through intelligent visual modeling. It leverages the power of visualization to speed up understanding and communication – creating flexible and intelligent deal visualizations, connecting underlying data sources and documents, and facilitating seamless collaboration with enterprise-grade security. Its vision is to define and lead a new category of enterprise Software-as-a-Service (SaaS) that liberates legal and finance professionals from the pain and risk of ever-increasing complexity. The company is based in London, UK.