Wowflow, a Vienna, Austria-based work management & collaboration software for facility management teams, announced that it raised €1 million in seed investment.
The company was backed by prominent investors like Stefan Polletin (former Co-Founder of Casavi), Proptech Fund High Rise Ventures from Germany, Early-stage Fund Lemonade Stand from Estonia, Peter Steinberger (former Founder of PSPDFKit, Founders of Europe), and Rolf Adam (Senior Vice President of Hitachi Solutions Europe).
Wowflow will invest the funds in market expansion to cement its position as leading work management & collaboration software for facility management teams in the DACH region.
The focus is also on further improvements to the user experience for field workers, seamless multi-company collaboration, and integrations with existing Computer-Aided Facility Management and ERP software market leaders.
Company: Wowflow GmbH
Raised: €1.0M
Round: Seed Round
Funding Month: Aug 2022
Lead Investors: Stefan Polletin, Proptech Fund High Rise Ventures, Lemonade Stand, Peter Steinberger, and Rolf Adam
Additional Investors:
Company Website: https://wowflow.com/
Software Category: Facility Management Software
About the Company: Wowflow is a facility service & maintenance tool that makes the daily routine of field teams simple, from receiving tasks to reporting on work. Wowflow helps companies to make the technical management of their real estate easier, faster, and more efficient. Field workers can use Wowflow as a digital tool, login in and out of their workplace, see all the documentation in their native language including automatized translations (if necessary), and seamlessly report their work. The company currently has 40 customers including Attensam West, Reiwag Facility Services, Otto Immobilien, BUWOG Group (part of Vonovia), Brichard Immobilien, and CC Real. The company was already recognized with awards like the “ZIA-Innovationsradar Germany” Award (2021), “Top 100 young companies in Austria” by Gewinn Magazine (2021), and the “EY Scaleup Bronze” Award (2022).
Source: https://wowflow.com/en/blog-en/wowflow-raises-e-1m-seed-funding-to-redefine-the-work-of-facility-management-teams/
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