Flowclub International Limited

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Flowclub International Limited - overview

Established

2018

Location

Beijing, Beijing, China

Primary Industry

Electronics

About

Flowclub International Limited provides a virtual coworking platform designed to enhance productivity through structured work sessions, utilizing techniques that promote deep focus and reduce anxiety for professionals and students. Founded in 2018 in Beijing, China, Flowclub International Limited specializes in offering an online coworking space that facilitates productivity. The company was co-founded by Dawei Geng and Xiaomu Zhu. In May 2019, Flowclub raised a pre-A funding led by Matrix Partners China, details of which remain undisclosed.


The company's operational footprint extends to North America, Europe, and parts of Asia, serving a diverse range of professionals and knowledge workers. Flowclub primarily offers a virtual coworking platform designed to enhance productivity through structured work sessions. The core product facilitates a flow state, defined as a deep immersion in tasks that leads to heightened focus and reduced anxiety, based on principles introduced by psychologist Mihaly Csikszentmihalyi. Members participate in sessions utilizing techniques such as the Pomodoro Technique, working in timed increments to foster concentration.


The service targets knowledge workers, students, and professionals seeking to improve work efficiency and manage distractions, catering to a diverse client base valuing remote work solutions and collaborative accountability. Flowclub's revenue model is based on subscription services, offering members a monthly membership plan priced at USD 40 or an annual plan at USD 400. Discounts are available for students, non-profits, and members who actively host sessions. Transactions occur directly between the company and its clients through these fees, providing access to scheduled coworking sessions led by volunteer hosts, establishing a reliable revenue stream through user accountability and community engagement.


Flowclub plans to leverage its recent funding from May 2019 to enhance its platform and develop new features aimed at improving user experience. The company is also targeting expansion into additional markets in Europe and Asia by the end of 2023, aiming to accommodate a growing demand for flexible work solutions. This strategic growth will be underpinned by the support of the financial resources secured during the latest funding round.


Current Investors

Primary Industry

Electronics

Sub Industries

Consumer Products, Electronic Components, Hardware

Website

www.flowclub.com

Verticals

E-commerce

Company Stage

Early Stage

Total Amount Raised

Subscriber access only

Flowclub International Limited - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Unspecified RoundCompletedFlowclub International Limited-

Displaying 1 - 1 of 1

GoingPro

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.