Profluo reaches a total investment of EUR 625,000, less than a year after the first seed round
Founded by specialists with experience in document processing automation solutions of any type, Profluo has a strong focus on accounting documents, currently managing to process an invoice in less than 5 seconds, with an accuracy of 90 %.
Initially focusing on product development, Profluo has now the ability to accelerate revenues growth. Thus, in the last 7 months the company has increased its revenues by 400% and tripled its sales team.
Dan Călugăreanu, Early Game Ventures Partner: “Profluo has demonstrated that it can deliver quality growth, based on a performing product and a rigorous approach to the target market. We are delighted to continue to support the company’s accelerated growth and their international scaling plans!”
Bogdan Năforniță, founder and CEO of Profluo: “We are happy to have attracted high-quality investors to the Profluo ecosystem, thus confirming our technological maturity and commercial progress so far. We will continue to deliver what we promise to our customers, partners, employees and investors. In this regard, we remain focused on the accelerated development of the product and the commercial strategy”.
Read the full press release here.
