Re-flow has secured a further round of seed funding from investors, cementing commitment to support the company’s growth as demand for its services increases
Investors including Ashley Warden and Simon Penson, among many others, are once again backing Re-flow founders Michael Saunders and Leandro Wade with a new round of seed funding.
The investment follows a very successful year for Re-flow, which now boasts over 80 clients in the highways sector.
Taking the industry by storm
Ashley Warden, investor, said: “Re-flow is taking the UK highways, construction and infrastructure industries by storm.
“The team at Re-flow continues to do a fantastic job of creating and fostering a digital solution with a tool set that’s been developed alongside the industry and the professionals that make it what it is, making it highly relevant.
“I think that’s the secret of their continued success and why we’re seeing such a demand for Re-flow.”
The additional funding will support the ongoing development of the Re-flow system, including the roll out of new features and the expansion of its digital infrastructure.
Funds will also be invested into hiring additional software specialists which will allow the company to steer its attention towards networking. Re-flow is already scheduled to attend 10 industry events throughout 2022.
Digital developments
Simon Pension, partner, Haatch Ventures said: “We are delighted to continue to support Mike, his team and their collective vision.
“The sectors within which they operate are ripe for digital transformation and Re-flow answers so many problems that people on the ground in their markets face.
“We know this through the multitude of customer conversations awe have had and through their super-low churn rate and fast-growing pipe of new business demand. It was, therefore, a very easy decision to double down.”
Workflow Management Ltd, the award-winning software company behind the highly successful field management software Re-flow, closed its over-subscribed funding round in less than two weeks.
Mike Saunders, co-founder and managing director, Re-flow said: “I think the thing that is amazing is that we’ve closed the round unbelievably fast – it was all current shareholders.
“We’ve been given the opportunity to keep pushing forward – new developments, masses of outreach, new employment opportunities.
“We’re growing exponentially to satisfy the innovative features we’ve got in the pipeline.
“To satisfy the hunger that the industry has for new digital developments, tools, benefits and opportunities that a system like Re-flow providers.”
About Re-flow
Re-flow provides a digital field management solution that unites field operatives and back-office staff with a centralised system, heavily advocating for the shift away from traditional paper systems.