# Flow 48

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/flow-48

- Industry: Financial Services
- Headquarters: Turkey
- Website: www.flow48.com
- Latest round: Series A (Feb 24, 2025)
- Investors on record: 7

## About

Founded in 2022 and based in Turkey, Flow 48 Limited operates as a revenue-based financing platform that provides capital and stabilizes cash flow for SMEs. Idriss Al Rifai (CEO) and Karim Khattar are the co-founders of the company. In February 2025, Flow 48 Limited raised USD 69 million in series A funding led by new investor Breega, with participation from another new investor Plus Venture Capital. Returning investors 212, Daphni, Endeavor Catalyst, Speedinvest, Evolution Ventures Management, and other unspecified investors also participated in the round. The company's product offering includes invoice financing, which allows businesses to leverage their accounts receivable by selling outstanding invoices to Flow48. This allows businesses to manage their cash flow and capture development opportunities without having to wait for consumer payments. The firm also provides revenue financing, an approach that allows firms to access funds based on predicted revenue. This method allows businesses to get capital while aligning payback schedules with their revenue streams. In addition, Flow48 assists its clients in cash flow stabilization, access to capital, avoiding the profit-destroying impacts of discounting, flexible payment choices, avoiding collateralizing assets, and maximizing ownership without giving up control. The company will use the February 2025 funding to accelerate business expansion across Saudi Arabia.

## Funding rounds

- Series A, Feb 24, 2025 — Speedinvest, 212, Endeavor Catalyst, Breega, Daphni, Evolution Ventures Management, Plus Venture Capital

## Investors

- Speedinvest (https://capitalatlas.ai/funds/speedinvest) — Series A
- 212 (https://capitalatlas.ai/funds/212) — Series A
- Endeavor Catalyst (https://capitalatlas.ai/funds/endeavor-catalyst) — Series A
- Breega (https://capitalatlas.ai/funds/breega) — Series A
- Daphni (https://capitalatlas.ai/funds/daphni) — Series A
- Evolution Ventures Management (https://capitalatlas.ai/funds/evolution-ventures-management) — Series A
- Plus Venture Capital (https://capitalatlas.ai/funds/plus-venture-capital) — Series A