Czech selling platform Flowlance has closed its pre-seed investment round at €500,000 (CZK 12.6 million) to expand its all-in-one platform for creators and entrepreneurs. The round was backed by Czech Founders VC, Purple Ventures, Patero s.r.o. and Miroslav Uďan, founder of Shoptet. Purple Venture shared the details with AIN.
About Flowlance
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Flowlance was founed by Štěpán Calta and Patrik Kruntorád, which was originally created as an online business management tool for small business owners. Currently this is a platform for selling 1:1 coaching, group, or bookings all in one.
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The platform allows users to automate management processes, but also create a professional website that presents in one place the services and products offered, such as consultations, ebooks, paid courses, memberships, access to communities or collecting contacts for the newsletter.
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Then, the platform links the data to a payment gateway, billing system and analytics, making it easy for businesses to keep track and simplify management.
"We bring together three key areas of day-to-day business: selling services and products, scheduling appointments, and tracking the progress of business and client relationships. We make it easier to offer the most frequently sold products to current clients and at the same time allow us to reach new customers," told Patrik Kruntorád, co-founder of Flowlance.
According to Purple Ventures, Flowlance's platform was used by over 700 users, who made more than 40,000 transcations, reaching €400,000+ in volume. Additionally, over 35,000 meetings were arranged through the platform.
Investment details
Flowlance’s pre-seed round was backed by Czech Founders VC, Purple Ventures fund, Patero s.r.o. and angel investor Miroslav Uďan.
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Czech Founders VC is a community-driven venture capital firm investing into exceptional Central European founders with global ambitions. The fund typically invest as the first external investors.
“For Czech Founders VC, Flowlance is a startup that has proven that it can move extremely fast, adapt to the market, and Patrik and Štěpán represent a young generation of startup founders that we want to support not only with money but also with know-how,” says Václav Pavlečka, partner of the fund.
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Purple Ventures invests in top CEE+ founders from early-stage tech-enabled startups with first revenues and global ambitions. Its ticket size ranges from €250,000 to €750,000.
“We are seeing fundamental changes in the job market. Young people in particular want more flexibility, to be able to work from different places all around the world and at times that suit them. The future of work and the so- called “creator economy” are the investment theses of Purple Ventures 2 fund, so we are very happy to support Flowlance, which brings a product for solopreneurs and creators, making it easier for them to manage their business and financial planning,” comments Jan Davídek, partner of the Brno-based Purple Ventures fund.
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Patero s.r.o. is a venture capital firm based in Prague, Czech Republic, founded in 2015. The company focuses on investments in industries such as machine learning, supply chain management, SaaS, and logistics. It typically invests in early-stage companies (pre-seed and seed funding rounds), with investment amounts ranging from €100,000 to €1.5 million.
The main objective of the investment is then to scale marketing and collaboration with content creators and small entrepreneurs who will spread the product further by using Flowlance.