{"id":43179,"date":"2020-02-13T11:52:43","date_gmt":"2020-02-13T09:52:43","guid":{"rendered":"https:\/\/newserver.fyb.de\/seed-flip-receives-3-5-million-euros-for-employee-app\/"},"modified":"2020-02-13T11:52:43","modified_gmt":"2020-02-13T09:52:43","slug":"seed-flip-receives-3-5-million-euros-for-employee-app","status":"publish","type":"post","link":"https:\/\/www.fyb.de\/en\/seed-flip-receives-3-5-million-euros-for-employee-app\/","title":{"rendered":"Seed: Flip receives 3.5 million euros for employee app"},"content":{"rendered":"<p>Stutt\u00adgart \u2014 <strong>Flip<\/strong>, the<strong> Stutt\u00adgart-based employee app<\/strong>, has successfully closed a seed finan\u00adcing of 3.6 million euros. Foun\u00added in 2018, the startup offers compa\u00adnies a modern plat\u00adform that connects and informs employees across all levels in a legally compli\u00adant manner. The 3.6 million euros in seed finan\u00adcing will be used for product and team deve\u00adlo\u00adp\u00adment and expan\u00adsion. Among the custo\u00admers are Porsche, Bauhaus and&nbsp;Edeka<\/p>\n<p><strong>Flip offers commu\u00adni\u00adca\u00adtion at eye&nbsp;level<\/strong><br>\nThe employee app enables company-wide sharing and distri\u00adbu\u00adtion of infor\u00adma\u00adtion to all employees, whether they work in the office, on the shop floor, in the warehouse, in the field, or part-time. The appli\u00adca\u00adtion is based on a DSGVO-compli\u00adant data and employee protec\u00adtion concept that was jointly vali\u00adda\u00adted with experts and works coun\u00adcils from seve\u00adral DAX compa\u00adnies. Inte\u00adgra\u00adtion opti\u00adons for exis\u00adting IT infra\u00adstruc\u00adture allow seam\u00adless connec\u00adtion to exis\u00adting proces\u00adses. Flip thus comple\u00adments and supports exis\u00adting and future digi\u00adtiza\u00adtion projects in companies.<\/p>\n<p><strong>Capi\u00adtal for new employees, growth and expansion<\/strong><br>\nThe main inves\u00adtors <strong>LEA Part\u00adners<\/strong> and<strong> Cavalry Vent<\/strong> ures invest in the company toge\u00adther with <strong>Plug and Play Ventures<\/strong> and <strong>busi\u00adness angels such as J\u00fcrgen Hambrecht<\/strong> (Chair\u00adman of the Super\u00advi\u00adsory Board BASF), <strong>Prof. Dr. Kurt Lauk<\/strong> (Chair\u00adman of the Super\u00advi\u00adsory Board Magna Inter\u00adna\u00adtio\u00adnal), <strong>Florian Buzin<\/strong> (Foun\u00adder Star\u00adface) and <strong>Andreas Burike<\/strong> (HR Busi\u00adness Angel). The capi\u00adtal raised is to be inves\u00adted prima\u00adrily in the expan\u00adsion of the team and the deve\u00adlo\u00adp\u00adment of further markets.<\/p>\n<p><strong>Promi\u00adnent custo\u00admer&nbsp;base<\/strong><br>\nSince its launch in 2018, the young company has alre\u00adady been able to win seve\u00adral well-known compa\u00adnies as custo\u00admers. Among them Porsche, Bauhaus, Edeka, Junge IG Metall, W\u00fcsten\u00adrot &amp; W\u00fcrt\u00adtem\u00adber\u00adgi\u00adsche. Parts of the savings banks and Volks\u00adbanks are also among the custo\u00admer base of the Stutt\u00adgart-based startup. Flip is also supported by strong inno\u00adva\u00adtive part\u00adners such as Deut\u00adsche Telekom.<\/p>\n<p>Flip foun\u00adder and CEO, Bene\u00addikt Ilg, comm\u00adents, \u201cFlip is the easiest solu\u00adtion for inter\u00adnal commu\u00adni\u00adca\u00adtion in compa\u00adnies of all sizes. We are proud of the deve\u00adlo\u00adp\u00adment of our company so far and see this invest\u00adment as a confir\u00adma\u00adtion of our vision.\u201d Bern\u00adhard Janke from LEA Part\u00adners states: \u201cAs a young company, Flip was able to win well-known custo\u00admers. The lean solu\u00adtion can be inte\u00adgra\u00adted into exis\u00adting IT systems and exis\u00adting commu\u00adni\u00adca\u00adtion proces\u00adses, even in large orga\u00adniza\u00adti\u00adons. With the funding round, we want to further expand the team and product to support the foun\u00adders in their vision to make digi\u00adtal work\u00adforce enga\u00adge\u00adment acces\u00adsi\u00adble to all companies.\u201d<\/p>\n<p>Claude Ritter of Cavalry Ventures says, \u201cWe believe Flip is setting new stan\u00addards in this fled\u00adgling market with its safe, light\u00adweight and highly capa\u00adble product.\u201d<\/p>\n<p><strong>About Flip&nbsp;GmbH<\/strong><br>\nFlip is the easiest, most effi\u00adci\u00adent and secure way to inform and connect employees. For this purpose, the company bund\u00adles commu\u00adni\u00adca\u00adtion, infor\u00adma\u00adtion and proces\u00adses in an appli\u00adca\u00adtion which not only convin\u00adces through DSGVO and works coun\u00adcil confor\u00admity, but also through its simple and intui\u00adtive usabi\u00adlity. Flip can act as a mobile endpoint for the intra\u00adnet, giving desk\u00adtop and non-desk\u00adtop employees equal access to infor\u00adma\u00adtion. Flip is successfully used by nume\u00adrous custo\u00admers such as Porsche AG, W\u00fcsten\u00adrot &amp; W\u00fcrt\u00adtem\u00adber\u00adgi\u00adsche, Edeka, Bauhaus or the young IG Metall. The company was star\u00adted in 2018 by Bene\u00addikt Ilg and Giacomo Kenner and curr\u00adently employs 30 people at its head\u00adquar\u00adters in Stuttgart.<\/p>\n<p><strong>About LEA Partners<\/strong><br>\nLEA Part\u00adners, as an entre\u00adpre\u00adneu\u00adrial equity part\u00adner, supports foun\u00adders and manage\u00adment teams at diffe\u00adrent stages of deve\u00adlo\u00adp\u00adment in their growth and achie\u00adve\u00adment of a leading market posi\u00adtion. Based in Karls\u00adruhe, one of the largest tech\u00adno\u00adlogy clus\u00adters in Europe, LEA Part\u00adners has mana\u00adged invest\u00adments in nume\u00adrous tech\u00adno\u00adlogy compa\u00adnies since 2002. With two invest\u00adment vehic\u00adles for all company phases and a strong network of opera\u00adtio\u00adnal sector experts as well as stra\u00adte\u00adgic part\u00adners, LEA Part\u00adners can contri\u00adbute substan\u00adtial added value to the deve\u00adlo\u00adp\u00adment of tech\u00adno\u00adlogy companies.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Stutt\u00adgart \u2014 Flip, the Stut\u00adt\u00ad\u00adgart-based employee app, has successfully closed a seed finan\u00adcing of 3.6 million euros. Foun\u00added in 2018, the startup offers compa\u00adnies a modern plat\u00adform that connects and informs employees across all levels in a legally compli\u00adant manner. The 3.6 million euros in seed finan\u00adcing will be used for product and team development&nbsp;[\u2026]<\/p>\n","protected":false},"author":2,"featured_media":43192,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wp_typography_post_enhancements_disabled":false,"footnotes":""},"categories":[886,1364,1366,1373],"tags":[],"class_list":["post-43179","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general-en","category-featured-en","category-news-en","category-venture-capital-en"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Seed: Flip receives 3.5 million euros for employee app - FYB Financial Yearbook<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.fyb.de\/en\/seed-flip-receives-3-5-million-euros-for-employee-app\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Seed: Flip receives 3.5 million euros for employee app - FYB Financial Yearbook\" \/>\n<meta property=\"og:description\" content=\"Stutt\u00adgart \u2014 Flip, the Stutt\u00adgart-based employee app, has successfully closed a seed finan\u00adcing of 3.6 million euros. 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