Flowbo Analysis: $125K Raised
What is Flowbo?
Flowbo offers quick funding solutions for creators, enabling them to receive early payments for their work without the delays of traditional financial systems.
Employees
2
Founded
2021
Product Features & Capabilities
- Fast and frictionless funding solutions, early payment for creators, upload invoices, review funding offers, connect bank account for immediate payment, flexible repayment based on revenue, no fixed obligations, creative control over content.
Pricing
- Fees range from 1-4% for funding.
- Additional fees of 5-15% depending on the funding amount and recurring revenue.
How much Flowbo raised
1 - $125,000
August 31, 2021Lead Investor: Global Founders Capital, Y Combinator
Who are the founders of Flowbo
DK
Daniel Kang
Co-Founder
NY
Norman Yu
Co-Founder
Business Model
Revenue-sharing model with fees based on funding amounts for creators' early payments.
Investors
- Y Combinator
- Global Founders Capital
- First Serve Partners
- BDMI
- McGill Dobson Centre for Entrepreneurship
Competitors Overview
Flowbo operates in the financial services sector, specifically providing funding solutions for creators. Its main competitors include:
- Karat:
- Description: Karat offers business credit cards tailored for creators, taking into account their social media revenue and following. This al
Market Focus
Flowbo primarily focuses on the financial technology (fintech) industry, specifically providing funding solutions for creators to receive early payments for their work.
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