# Flip UG

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/flip-3

- Industry: Software
- Headquarters: Stuttgart, Germany
- Website: www.getflip.de
- Total disclosed funding: $4M
- Latest round: Seed (Jan 13, 2020)
- Investors on record: 3

## About

Flip UG is an innovative employee experience platform focused on enhancing communication and operational efficiency for frontline workers across diverse industries such as retail, logistics, and food service.Founded in 2015 in Stuttgart, Germany, Flip UG specializes in developing solutions for employee engagement and operational efficiency. The company has not undergone any significant pivots in its strategy. It raised EUR 3.60 mn in Seed funding on January 13, 2020, co-led by investors Cavalry Ventures and LEA Partners, with participation from Plug and Play Ventures. The total amount raised by the company is EUR 3.60 mn, and its current valuation stands at EUR 4.298 mn.Flip UG offers an employee experience platform primarily designed for improving communication and operational efficiency among frontline workers in various sectors, including retail and logistics. The main offering, Flip Intelligence, is an AI-driven application that enables employees to manage shifts, submit reports, engage via instant messaging, and participate in surveys through a mobile interface. Notable clients like REWE and PENNY utilize Flip's platform to enhance workforce empowerment and streamline operations across their organizations.Flip UG generates revenue through subscription-based models, allowing organizations to access enhanced employee engagement and communication solutions. Clients typically pay annual or monthly subscription fees based on user count and selected features. Revenue is generated directly from enterprise clients, covering various services such as onboarding, task management, and feedback mechanisms. Their offerings, particularly Flip Intelligence and complementary mini-apps, ensure robust service delivery to businesses of all sizes.Looking ahead, Flip UG plans to leverage its recent Seed funding of EUR 3.60 mn to develop new products aimed at enhancing user experience. While specific product release dates have not been disclosed, the company aims to expand into additional European markets by the end of 2023. The funding will be utilized to support product development and market entry strategies, solidifying their commitment to improving operational efficiency for frontline employees.

## Funding rounds

- Seed, Jan 13, 2020, $4M — LEA Partners, Plug and Play, NAP

## Investors

- LEA Partners (https://capitalatlas.ai/funds/lea-partners) — Seed
- Plug and Play (https://capitalatlas.ai/funds/plug-and-play) — Seed
- NAP (https://capitalatlas.ai/funds/nap) — Seed