Overview

Flowcode creates and manages QR codes that allow users to quickly access digital content through their smartphones. Businesses can customize these QR codes for various purposes, such as enabling commerce, collecting customer information, and embedding multimedia content. Flowcode operates on a subscription-based model, providing flexibility for clients of all sizes and generating steady revenue. The company's goal is to enhance customer engagement and streamline digital interactions for businesses across different industries.

Simplify's Take

What believers are saying

• Partnerships with Vonage and Geenee enhance Flowcode's customer interaction and AR capabilities.
• The trend of omnichannel marketing boosts Flowcode's relevance in diverse advertising platforms.
• Demand for offline conversion tracking tools aligns with Flowcode's recent platform updates.

What critics are saying

• Increased competition from new QR code providers threatens Flowcode's market share.
• Privacy concerns and regulatory scrutiny could impact Flowcode's data collection practices.
• Economic downturns may reduce spending on digital marketing, affecting Flowcode's revenue.

What makes Flowcode unique

• Flowcode offers real-time analytics for TV advertising, enhancing engagement over traditional QR codes.
• The company integrates with AR platforms, creating interactive experiences for diverse audiences.
• Flowcode's subscription model provides flexibility and steady revenue from businesses of all sizes.

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Funding

Total Funding

$30M

Above

Industry Average

Funded Over

1 Rounds

Notable Investors:

SV Angel

Notable Investors:

SV Angel

$30,000,000

Seed

May 2020

Seed funding is usually the first official round after pre-seed, when a startup has a prototype or concept. It’s typically used to develop the product, test the market, and start building the team. Investors here are often angel investors or early-stage venture capitalists.

Seed Funding Comparison

Above Average

Industry standards

Ind Avg. $3.3M

$500k

$1.5M

$2M

$2.3M

$3M

$30M