# Flowcast

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

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.flowcast.ai
- Total disclosed funding: $6.2M
- Latest round: Series A (Sep 10, 2019)
- Investors on record: 10

## About

Flowcast Inc. provides advanced AI-driven solutions for credit risk assessment, utilizing innovative machine learning algorithms to enhance financial decision-making.Flowcast Inc. was founded in 2015 in San Francisco, US, specializing in AI solutions for credit risk management. The company’s founder, Ken So, has a history of innovation within the fintech space. Recently, Flowcast raised USD 3.00 mn in its latest funding round led by ING Ventures as part of its growth strategy. The company has completed a total of 6 deals, with the most recent acquisition involving Tillful by Nav Technologies, Inc. in July 2023.Flowcast specializes in providing advanced AI-driven solutions for credit risk assessment and management. The company's core offerings include an API-based machine learning model that evaluates a company's creditworthiness, predicts dilution likelihood, and assesses delinquency risks, enabling financial institutions to make informed credit decisions in challenging markets.Flowcast generates revenue primarily through a subscription-based model, where financial institutions pay for access to its predictive analytics tools and machine learning models. This model includes tiered pricing plans based on data volume, allowing clients to scale usage according to their needs. The flagship offering includes Flowcast's "White Box" machine learning model, which provides transparency and auditability.Flowcast aims to enhance its product offerings with the introduction of new machine learning tools designed to improve credit assessments and reduce financial risk, with plans for rollout in late 2023. The recent funding will support these new developments while also facilitating expansion into underserved markets in North America and Europe, where businesses struggle with credit access due to insufficient financial data.

## Funding rounds

- Series A, Sep 10, 2019, $3M — Katalyst Ventures, ING Ventures, Alpana Ventures, BitRock Capital
- Seed, May 14, 2019, $0.8M — Alpana Ventures
- Seed, Nov 7, 2016, $2.3M — Plug and Play, TSVC, Enspire Capital, Visionnaire Ventures, Stanford-StartX Fund, Polytech Ventures, Alpana Ventures

## Investors

- Plug and Play (https://capitalatlas.ai/funds/plug-and-play) — Seed
- TSVC (https://capitalatlas.ai/funds/tsvc) — Seed
- Enspire Capital (https://capitalatlas.ai/funds/enspire-capital) — Seed
- Visionnaire Ventures (https://capitalatlas.ai/funds/visionnaire-ventures) — Seed
- Stanford-StartX Fund — Seed
- Polytech Ventures (https://capitalatlas.ai/funds/polytech-ventures) — Seed
- Alpana Ventures (https://capitalatlas.ai/funds/alpana-ventures) — Seed, Series A
- Katalyst Ventures — Series A
- ING Ventures (https://capitalatlas.ai/funds/ing-ventures) — Series A
- BitRock Capital (https://capitalatlas.ai/funds/bitrock-capital) — Series A