Flowers software helps companies streamline processes in Business areas such as contract management or invoice approval. The startup has already collected over 3.2 million euros from investors such as La Famiglia and LEA Partners. Now, another six million is being added in a round led by Capmont Technology. LEA Partners is also participating again, significantly expanding its existing stake in Flowers as co-lead of the financing round.
With the new funding, the team around founder and CEO Andreas Martin plans to drive product development forward. They also plan to further develop the core areas of digital invoice approval, contract management, and digital document management, and expand their market presence. Flowers Software already supports over 500 medium-sized companies.
Andreas Martin, Founder and CEO of Flowers, comments:
"We are proud that Capmont Technology, as lead investor, and LEA Partners, as co-lead investor, share our vision and place great trust in us and our software. This financing round enables us to further accelerate our growth and further consolidate our position as a leading provider of efficient workflow software for mid-sized businesses."
Capmont Technology sees great potential in the technology and business model of the Startups How Matthias Roth, Partner at Capmont Technology, confirms:
"Flowers has already proven that its innovative solutions create clear added value for medium-sized companies and sustainably support them on their path to digitalization and the automation of numerous workflows. We are pleased to be able to accompany the growth of this promising company."
LEA Partners, who have already invested in Flowers in the past, demonstrate their continued confidence in the company and its future prospects through their renewed investment. Moritz Pagel, investor at LEA Partners, adds:
"We are convinced of the team's performance and Flowers' innovative strength. Therefore, we are delighted to continue to be part of this success story."
