FlowWise Networks, Inc.

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FlowWise Networks, Inc. - overview

Location

San Jose, CA, US

Primary Industry

Telecoms

About

FlowWise Networks, Inc. specializes in creating advanced network solutions that enhance connectivity and streamline operations for various industries, aiming to improve overall performance and customer satisfaction. FlowWise Networks, Inc. is a technology company focused on network solutions, formed through an acquisition by Network Equipment Technologies in December 1999.


The company is headquartered in San Jose, US. FlowWise was founded by individuals with prior experience in the tech industry. The company has raised a total of USD 12. 00 mn across multiple funding rounds, with its latest round being a Series C amounting to USD 12.


00 mn, backed by investors such as Alta Partners and Battery Ventures. FlowWise has participated in 2 deals to date, with the most recent deal occurring on December 24, 1999. FlowWise is a comprehensive payments orchestration platform developed by Cashfree Payments, designed to streamline the payment processing experience for businesses across various sectors. The platform allows clients to integrate with multiple payment partners seamlessly, enabling them to route transactions based on predefined rules utilizing over 40 parameters.


FlowWise supports more than 200 payment modes through its integration with over 10 payment aggregators, providing businesses the flexibility to optimize their payment processes while ensuring data security. Targeted at a diverse clientele, including e-commerce platforms, retail businesses, and service providers, FlowWise primarily operates in the Indian market but is structured to cater to various geographical regions by facilitating local and international payment solutions. The platform aims to address common industry challenges such as cart abandonment and payment failures, thereby enhancing conversion rates and customer satisfaction. The revenue model for FlowWise leverages transaction fees associated with its payment processing services.


Businesses utilizing FlowWise typically engage in B2B transactions, routing payments through the platform to optimize costs and success rates. Customers can benefit from a six-month trial period, during which they gain access to all the platform's features at no cost, followed by options to transition to a paid plan that allows continued access to advanced functionalities. The pricing structure is designed to accommodate varying transaction volumes, including gross transaction value limits during the trial phase. FlowWise's revenue is generated through subscription fees and transaction fees derived from its core services, which may include dynamic routing and complex rule-based payment processing, ensuring that businesses can efficiently manage their payment ecosystem while minimizing operational costs.


FlowWise Networks, Inc. is strategically focused on enhancing its platform by developing new features that cater to emerging market needs. Plans are in place to expand its services into additional regions, particularly targeting the Southeast Asian market by 2025. The recent funding obtained through the Series C round will be utilized to support these initiatives, enabling FlowWise to bolster its technological infrastructure and market reach.


Primary Industry

Telecoms

Sub Industries

Telecoms Equipment

Website

www.flowwise.com

Company Stage

Acquired

Total Amount Raised

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