The Floow

company

About

The Floow designs the world's most advanced and lowest-cost telematic systems to make vehicles safer and cheaper for all.

  • 51 - 100

Details

Last Funding Type
Series Unknown
Last Funding Money Raised
$16.60M
Industries
Automotive,Fleet Management,Information Technology
Founded date
Jan 1, 2012
Number Of Employee
51 - 100
Operating Status
Active

The Floow was founded and incorporated in 2012 by their CEO Aldo Monteforte, their CIO Dr Sam Chapman, and Paul Ridgway.

The idea and vision for The Floow was first conceived by Aldo who wanted to make vehicles safer, smarter and cheaper for all. He saw the opportunity to change the telematics industry by making use of data and social sciences in ways that could change driver behaviour and lower the risks on their roads.

The company name - The Floow - was inspired by a concept in social science. If you experience 'flow' you are in a state of deep concentration and can make amazing things happen. The early days of setting up the company saw the founding team in a state of almost constant flow. And even today, with more than 100 people and having achieved rapid growth and success, it's their shared focus on making mobility smarter and safer for all that keeps the team in a state of flow.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
$16.60M
The Floow has raised a total of $16.60M in funding over 2 rounds. Their latest funding was raised on Mar 7, 2017 from a Series Unknown round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Mar 7, 2017 Series Unknown $16.60M 1 Fosun International Detail

Investors

Number of Lead Investors
Number of Investors
1
1
The Floow is funded by 1 investors. Fosun International are the most recent investors.
Investor Name Lead Investor Funding Round
Fosun International Yes Series Unknown