- A chatbot named Flowy, powered by a generative AI model, is the primary offering from Floworks that can be accessed via Slack.
- According to the business, it currently brings in USD 250,000 annually in recurring revenue.
A chatbot developer, Floworks Technologies Inc., announced that it has raised USD 1.5 million in seed funding. The chatbot is intended to increase knowledge workers’ productivity.
According to the reports, the investment was jointly led by Y Combinator and Sense AI, a fund that supports businesses using artificial intelligence. Other institutional investors also took part in the transaction.
A chatbot named Flowy, powered by a generative AI model, is the primary offering from Floworks that can be accessed via Slack. According to the business, it enables customers to communicate with well-known software-as-a-service platforms like Salesforce using natural language instructions.
The startup is reportedly concentrating mainly on use cases for sales automation currently. It claims that its Flowy chatbot expedites tedious processes like entering information about a new contract into a company’s CRM system. Instead of manually opening their CRM platform and entering data, salespeople may submit deal details into the chatbot with a single prompt.
Floworks claims that Flowy can communicate with many SaaS applications simultaneously. For instance, a user could ask a chatbot to alter a CRM record and then email appropriate coworkers to inform them of the change. The record can be updated, a draft email can be created, and then displayed to the user for review before sending.
Data access is another duty that Floworks promises to make easier. Users might need to open several tabs to locate the records they’re looking for in the company because information is frequently dispersed across several applications. According to Floworks, its chatbot enables Slack users to access data from many applications.
According to the business, it currently brings in USD 250,000 annually in recurring revenue. It intends to bring in channel partners who can help it reach more clients to increase its top line and installed base. Additionally, funds will be spent on product development.
The chatbot from Floworks can communicate with five different programs: Gmail, Google Calendar, Google Drive, Salesforce, and HubSpot. Later, the business intends to integrate with several sales automation solutions. Floworks wants to shift its attention from sales to other use cases like business intelligence for the longer term.
Other businesses also utilize generative AI to enable employees to communicate using natural language instructions with SaaS applications. One of those businesses is OpenAI LP, which offers plugins that let customers link its ChatGPT chatbot to external programs. Each plugin transforms ChatGPT into a natural language user interface for the SaaS application that connects with.