Starflow AB

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Starflow AB - overview

Established

2016

Location

Stockholm, -, Sweden

Primary Industry

Internet

About

Starflow AB is a Swedish company that specializes in optimizing productivity through a proprietary platform that enhances flow state for individuals and organizations, fostering greater engagement and performance. Founded in 2016 and headquartered in Stockholm, Sweden, Starflow AB focuses on developing solutions for productivity enhancement. The company has raised SEK 6 million in its most recent funding round on February 28, 2019, marking a total of SEK 6 million raised through three deals. The firm was founded by individuals who have a background in technology and innovation, although specific names are not disclosed.


Starflow specializes in innovative solutions that harness the power of flow state optimization for both individuals and organizations. Their core offerings revolve around a proprietary platform designed to enhance productivity and overall well-being by facilitating focused mental states. The platform integrates various tools such as personalized feedback mechanisms, goal-setting features, and performance tracking systems aimed at improving user engagement and output. Starflow's primary customer base includes corporate clients seeking to boost employee performance, as well as individual users interested in personal development and productivity enhancement.


The company has successfully penetrated markets in North America and Europe, specifically targeting tech-savvy professionals and organizations committed to fostering a productive work environment. Starflow generates revenue through a subscription-based model, catering to both individual users and corporate clients. Businesses can opt for tiered subscription plans that provide varying levels of access to the platform’s features, allowing for scalability based on user needs. The transactions typically involve annual or monthly payments, enabling organizations to budget effectively for employee development initiatives.


Individual users may also purchase access to specialized coaching sessions or workshops offered via the platform. In 2022, the company reported revenue of SEK 3,691. 8 mn and an EBITDA of SEK 410. 4 for 2023.


Starflow AB plans to leverage its recent SEK 6 million in funding to enhance its product offerings and expand its market reach. The company is actively working on new features for its platform aimed at improving user experience and engagement, with details on specific product launches expected in the upcoming year. Additionally, Starflow is targeting expansion into new geographic markets in Europe and North America by 2024, focusing on partnerships with corporate clients and tech organizations to drive adoption of its productivity solutions.


Current Investors

Kichi Invest, Scream Media

Primary Industry

Internet

Sub Industries

e-Financial, Social Networking & Communication Platform, Web Applications

Website

www.starflow.com

Verticals

E-commerce, Mobile Apps, Social Media

Company Stage

Early Stage

Total Amount Raised

Subscriber access only

Starflow AB - financials

Fiscal Year EndedDec 31, 2015Dec 31, 2016Dec 31, 2017Dec 31, 2018Dec 31, 2019Dec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024
Revenue (USD)--3,567,9411,569,936324,8841,044,43097,483---
% Revenue Growth (YoY)---(56.0%)(79.3%)221.5%(90.7%)---
EBITDA (USD)(29,692)(2,151,622)(10,541,078)(11,543,986)(10,694,193)(2,971,615)182,067---
Operating Income (USD)(29,692)(2,242,002)(10,541,078)(11,543,986)(10,694,193)(2,971,615)182,067---
Operating Margin--(295.4%)(735.3%)(3291.7%)(284.5%)186.8%---
% EBITDA Margin--(295.4%)(735.3%)(3291.7%)(284.5%)186.8%---
NET Income (USD)(29,692)(2,241,020)(10,534,944)(11,544,643)(10,554,665)(2,976,493)16,855---
% Net Margin--(295.3%)(735.4%)(3248.7%)(285.0%)17.3%---

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