# EngFlow

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/engflow

- Industry: Software
- Headquarters: Germany
- Website: www.engflow.com
- Total disclosed funding: $22M
- Latest round: Series A (Nov 15, 2022)
- Investors on record: 4

## About

Based in Germany and founded in 2020, EngFlow GmbH enhances software development efficiency through innovative build and test solutions, aimed specifically at addressing developer pain points like slow builds.EngFlow GmbH focuses on optimizing the build and test processes in software development. The company was founded by Helen Altshuler and Ulf Adams in Germany. EngFlow raised USD 18.000 mn in Series A funding on November 15, 2022, with participation from investors including Andreessen Horowitz, Firstminute Capital, and Tiger Global Management. Since its inception, EngFlow has completed 2 funding rounds and has not undergone any significant changes in strategy or operations.EngFlow specializes in enhancing the build and test processes for software development through its innovative solutions, primarily leveraging technologies such as Bazel, Goma, and Soong. These core products aim to significantly reduce build times and improve efficiency for developers, addressing common pain points such as slow builds and resource-intensive processes. EngFlow’s offerings are tailored for enterprises operating in tech-driven sectors, including software development and IT services, with a customer base that includes both large organizations and smaller firms engaged in continuous integration and delivery. The solutions are designed to serve a diverse array of end-users, from software engineers to DevOps teams, facilitating faster iteration cycles and seamless integration into existing workflows. EngFlow's products are available in key geographical markets, including North America, Europe, and parts of Asia, targeting regions with a strong demand for cutting-edge software development methodologies.EngFlow generates revenue through a subscription-based model, allowing clients to access its suite of tools and services for a recurring fee. Transactions typically involve direct partnerships with businesses that integrate EngFlow’s solutions into their development pipelines, enhancing their operational efficiencies. Pricing plans are structured to accommodate different scales of business, ranging from individual developers to large enterprises, with various tiers that reflect the breadth of features and support available. Key offerings, such as the flagship build acceleration services and optimization tools, are central to this transactional model, ensuring that clients derive maximum value from their investment. This structured approach to revenue generation enables EngFlow to maintain a steady income stream while fostering long-term relationships with its client base.EngFlow plans to utilize the USD 18.000 mn from its Series A funding to tackle complex code bases and extensive infrastructure setups to enhance performance and reduce development costs. The company also aims to hire new talent to support its growth initiatives. EngFlow is focused on expanding its market presence, particularly in North America and Asia by mid-2024, with plans to launch new products that enhance their existing service offerings. These initiatives will facilitate EngFlow's mission to improve operational efficiency for clients in the fast-evolving tech landscape.

## Funding rounds

- Series A, Nov 15, 2022, $18M — Tiger Global Management, Andreessen Horowitz, Firstminute Capital
- Seed, Oct 12, 2021, $3.7M — Andreessen Horowitz, Alchemist Accelerator, Firstminute Capital

## Investors

- Andreessen Horowitz (https://capitalatlas.ai/funds/andreessen-horowitz) — Seed, Series A
- Alchemist Accelerator (https://capitalatlas.ai/funds/alchemist-accelerator) — Seed
- Firstminute Capital (https://capitalatlas.ai/funds/firstminute-capital) — Seed, Series A
- Tiger Global Management (https://capitalatlas.ai/funds/tiger-global-management) — Series A