Flip

Flip

Employee app enhancing internal communication with secure, GDPR-compliant chat features for enterprises.

HQ location
Stuttgart, Germany
Launch date
Employees
Enterprise value
$112—168m
Company register number
HRB 751609 (Stuttgart)
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DateInvestorsAmountRound
-investor investor investor investor investor

€0.0

round
*

$28.0m

Series A
Total Funding000k

Financials

Estimates*

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Revenues, earnings & profits over time
EUR202020212022
Revenues000000000000
EBITDA000000000000
Profit000000000000
EV000000000000
EV / revenue00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x
R&D budget000000000000

Source: Company filings or news article

More about Flip
Made with AI
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Flip is a company that specializes in providing an employee app designed to enhance internal communication within organizations. Operating primarily in the enterprise market, Flip serves a diverse range of industries by offering a secure and GDPR-compliant platform for individual and group chats. The app is as user-friendly as popular private messengers but ensures enterprise-level security and data protection. Flip's business model revolves around a subscription-based service, where pricing is tailored to the number of employees and the specific features and integrations required by the client. The company generates revenue through these subscription fees, offering different packages to cater to both small businesses and large corporations. Flip's platform is hosted on EU servers with ISO 27001 certification, ensuring high standards of data protection and security. The app aims to replace traditional bulletin boards and shadow IT solutions like WhatsApp chats and Facebook groups, providing a more structured and secure communication channel for employees.

Keywords: employee app, internal communication, GDPR-compliant, enterprise security, group chats, subscription-based, ISO 27001, EU servers, data protection, secure messaging.

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Investments by Flip

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The Bot Platform
ACQUISITION by Flip Oct 2024