FlowForma raises €4m and creates 70 new jobs

Grant Prior 3 years ago
Share

Software specialist FlowForma has raised €4m from new and existing investors in a funding round which will see the launch of a next-generation product scheduled for end-of-year release.

Olivia Bushe, Chief Executive Officer, FlowForma
Olivia Bushe, Chief Executive Officer, FlowForma

To support the strategy, Colm Heffernan, previously Chief Operating Officer at Fenergo, has been appointed as Chairman, bringing a decade’s experience in growing global businesses to the company.

The Irish firm will increase employee numbers from 30 to 100, with new roles across all areas of the business – sales, development, marketing, customer service – to meet growing demand in overseas markets.

It will open an incubator space in Enterprise Ireland’s New York office as the software company makes the US a priority.

Olivia Bushe, Chief Executive Officer, FlowForma, said, “Our growth trajectory reflects how digital process automation has gone from the fringes to the mainstream, and how FlowForma Process Automation is now recognised as a fix for process pain points, delivering cost savings, efficiencies, and a great end-user experience for every type of organisation in challenging economic times.”

New Chairman, Colm Heffernan, added: “I’m delighted to be able to play a role in an Irish success story that is primed for accelerated growth. Back in 2018, when FlowForma was a start-up, the idea of no code software was not always understood; now it’s a given. Cloud-based subscription software like FlowForma’s is now part of the new normal.”

Sectors like construction, healthcare, and financial services are all now embracing FlowForma’s approach to process change.

Bushe said: “When paper-based processes were broken during Covid lockdowns, we were able to help them transform quickly and do more digitally.”

The change reflects a wider industry shift to ‘no code’ and ‘low code’ products. With IT skill shortages exacerbating the time it takes to develop software, FlowForma’s self-service approach – where business units get to design and build their own workflows – is not just getting the job done, it’s empowering non-technical people to take charge of their own processes.

The next version of FlowForma Process Automation will be Microsoft 365/SharePoint independent.

While it will still integrate with the best-selling productivity suite, the company is using the new investment funds to enrich the no code offering and open it up to work with even more databases.

Latest suppliers & buyers news

G&H lands brace of maintenance contracts

Latest wins with SIG and CEG
2 weeks ago
G&H

Phoenix delivers on two health schemes

Brickwork specialist completes £5m of schemes

G2 Survey expands with new Wakefield office

Growth continues at surveying and geomatics technology specialist
3 weeks ago
G2 Survey Ltd

AFI snaps-up 500 machines from failed hirer Quick Reach

Powered access fleet continues to grow at AFI
4 weeks ago
AFI-Rentals

Grayson invests in bricklayer training

Pioneering partnership with Site Ready Solutions
4 weeks ago
Grayson (GB) Ltd

TCC helps restart stalled student scheme

Consultant providing commercial and quantity surveying services for Wolverhampton job

Wernick investment hits £300m in last five years

Commitment to long-term growth paying off at modular buildings giant
1 month ago
Wernick Group Limited

G&H launches new building performance service

First win to improve energy performance of 1970s Birmingham office block
1 month ago
G&H

TEAM Energy launches Net Zero Survey

Take part for the chance to win a free consultation
1 month ago
TEAM Energy

Sheffield rolls out 1,800-home fire door upgrade

Harmony Fire seals £11.6m Sheffield safety contract
1 month ago
Harmony Fire

Roger Bullivant lands piling deal at McLaren academy

Specialist secures package at new Boxing Academy and school in Hackney

Norwood lands cleanroom deal from Bouygues at new eye centre

Specialist to help build new Oriel development
1 month ago
Norwood

Major Sizewell concrete win for local supplier

Eastern Concrete Ltd wins its biggest ever contract
2 months ago

Heidelberg reopens quarry rail link after 60 years

Materials giant boosts rail distribution to sites
2 months ago
Heidelberg Materials

World’s first self-testing IoT fire door launched

Harmony launches Auro Door
2 months ago

Elliott Group launches dedicated UK Fit Out Division

London based operation has a strong pipeline of projects
2 months ago
Elliott Group

Consultant launches materials advisory business

New firm will help developers, contractors and subcontractors improve how they procure construction materials. 

Grayson now owned by its workers

Building products supplier becomes Employee Ownership Trust
2 months ago
Grayson (GB) Ltd

Sypro renews software deal with Transport for Wales

Latest four-year agreement will reduce delays on infrastructure projects
2 months ago

Contract deal to make construction more collaborative

Latest deal boost NEC suite of contracts
2 months ago
NEC Contracts

Harmony Fire secures multi-year NHS height safety contract

Latest £1.3m win will improve safety across NHS estate
3 months ago

Major investment at Deeside Timberframe

Offsite specialist gears-up for growth

SHJ steps-in after supplier goes into administration

Specialist offers swift solution to medical air plant crisis

NPC supplies pile croppers at Kier super prison

National Pile Croppers working with Bullivant and careys on vast Glasgow site

AGD now offering Greenwall plastic sheet piling

Watch video of system in action
4 months ago
AGD Equipment Ltd

TCC lands role on £85m Leeds apartment scheme

The Construction Consultants will play key role

Phoenix Brickwork wins awards from Galliford Try and Torsion

Specialist picks-up subcontractor accolades from main contractors

New resource hub for Musculoskeletal Disorders

Free service from Health in Construction Leadership Group
5 months ago

Grayson named supplier of the year

Materials specialist wins accolade from brickwork subcontractors
5 months ago
Grayson (GB) Ltd

Bespoke training gets investment boost

ICE Training welcomes government funding pledge
5 months ago
NEC Contracts

Firm Quick Find

Join Now

Sorry, there was a problem with the details you have entered. Please review the highlighted fields.

Sorry, this email address has already been registered.

Top searches