FlowForma, a Dublin, Ireland-based no code Business Process Management platform provider, raised €4m in funding.
Original investors who were involved in the new round and supporting the strategy included Marc Murphy, CEO and founder of Fenergo, John Purdy, co-founder of Ergo, and Pádraig Canavan, founder of Singularity.
The company intends to use the funds to continue to expand operations and its development efforts.
Led by Olivia Bushe, Chief Executive Officer, FlowForma provides process automation tools that empower business users to work smarter and quicker. The company’s product has over 200,000 users across more than 20 countries, with customers including Aon, Grant Thornton, Bouygues Group, NHS Trusts, and Trinity College Dublin.
The company intends to release its next-generation product by the end of the year. The next version of FlowForma Process Automation will be Microsoft 365/SharePoint independent. While it will still integrate with the best-selling productivity suite, the company is using the new investment funds to enrich the no code offering and open it up to work with even more databases.
To support its growth strategy, Colm Heffernan, previously Chief Operating Officer at Fenergo, has been appointed as Chairman, bringing a decade’s experience in growing global businesses to the company.
The firm will increase employee numbers from 30 to 100, with new roles across all areas of the business – sales, development, marketing, customer service – to meet demand in overseas markets. It will open an incubator space in Enterprise Ireland’s New York office as the software company makes the US a priority.
FinSMEs
21/06/2022