Layer of automation facilitates investors’ data collection and harmonization for faster deal flow processing, shared analyses and complete audit trail
Helsinki, Finland – November 28, 2016 – Zapflow, a developer of deal flow management tools for professional investors, today announced the closing of 700,000 USD in funding to accelerate the company’s growth. New investors in the funding package include Gorilla Ventures, a leading early stage investor in Finland.
Transformed in less than ten months from one man’s vision into a growing organization now employing eight professionals, Zapflow provides investors with a new power tool to efficiently manage their deal flow. Zapflow has already achieved a foothold in the market of deal flow management software with a product that has raised global interest.
Zapflow helps investors to finally ditch locally stored Excel sheets. Zapflow keeps track of incoming deals for faster processing and supports decision making with a shared dashboard. Requests for further information can be filled in by potential investment targets directly into the cloud database, ensuring shared access to the same data for all investment professionals involved.
“We are on a mission to help investment teams save time and make better decisions, and the funding gives us more fuel to fulfil our plans,” said Mikko Pirinen, Founder and CEO, Zapflow. “Zapflow is currently in the process of finalizing the next version of our power tool for deal flow management. We can now speed up our development and respond to the interest among investors faster. We aim to bring unforeseen features to the market already in Q1 next year.”
“The early success of Zapflow is a great example of how a solution that has been designed and developed for a very narrow and specific target group can raise global interest in a short time,” said Risto Rautakorpi, Partner & Founder of Gorilla Ventures “Zapflow has shown to really understand its customers and their problems and has been able to build a unique product that has global potential. Gorilla Ventures is happy to be part of the investment group backing Zapflow.”
Contacts for further information:
Mikko Pirinen, Zapflow,
Tel +358 50 556 0940, email mikko@zapflow.com, www.zapflow.com
Risto Rautakorpi, Gorilla Ventures,
Tel +358 500 705668, email risto.rautakorpi@gorillaventures.fi
