# FlowPath

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

- Industry: Software
- Headquarters: Atlanta, US
- Website: www.getflowpath.com
- Total disclosed funding: $1.2M
- Latest round: Seed (Oct 19, 2021)
- Investors on record: 3

## About

FlowPath Inc. provides advanced facilities management software solutions through its flagship Computerized Maintenance Management System (CMMS), designed to enhance work order management and communication across various industries.FlowPath Inc. was founded in 2019 in Atlanta, US, focusing on offering software solutions for facilities management. The company has not undergone any significant pivots in its business strategy since its inception. The founders of the company are Alex Cummings, Andre Volkmer, and Griffin Hamilton, with Alex Cummings serving as the CEO. FlowPath has successfully completed 1 deal, with its most recent funding round occurring on October 19, 2021. The company raised USD 1.20 mn in Seed funding, led by Parade Ventures, with participation from Bonfire Ventures and Heroic Ventures. The total amount raised by FlowPath to date is USD 1.20 mn.FlowPath offers a comprehensive suite of facilities management software, primarily its flagship product, the FlowPath Computerized Maintenance Management System (CMMS). This platform enables seamless work order management, allowing users to create custom workflows, communicate effortlessly with teams and vendors, and manage preventive maintenance programs efficiently. FlowPath's service capabilities extend to various industries, including education, healthcare, corporate facilities, and municipalities, addressing end-user needs for improved asset management, communication, and reporting. The software features AI-driven work order automation, predictive maintenance, and extensive reporting capabilities, supporting organizations in optimizing their maintenance operations. FlowPath’s products are marketed across several regions, including North America, Europe, and Asia-Pacific, catering to a diverse client base that includes schools, universities, and commercial organizations.FlowPath generates revenue primarily through a subscription-based model for its CMMS platform. Clients pay for access based on their specific needs, with various pricing plans that may include tiered options for the number of users or features accessed. The revenue structure consists of recurring payments for ongoing software access and support, ensuring continuous updates and service enhancements. This model positions FlowPath competitively within the facilities management software market, appealing to organizations seeking to optimize their maintenance and operational processes.In October 2021, FlowPath Inc. raised USD 1.20 mn in Seed funding led by Parade Ventures, with participation from Bonfire Ventures and Heroic Ventures. The company plans to utilize this funding to expand its go-to-market capabilities and accelerate product development. Future initiatives include the design and launch of new products, although specific release dates have not been disclosed. FlowPath is also targeting expansion into new markets and geographic regions, enhancing its presence in North America, Europe, and Asia-Pacific by the end of 2023.

## Funding rounds

- Seed, Oct 19, 2021, $1.2M — Heroic Ventures, Bonfire Ventures, Parade Ventures

## Investors

- Heroic Ventures (https://capitalatlas.ai/funds/heroic-ventures) — Seed
- Bonfire Ventures (https://capitalatlas.ai/funds/bonfire-ventures) — Seed
- Parade Ventures (https://capitalatlas.ai/funds/parade-ventures) — Seed