About Flat
Flat is a company based in New York (United States) founded in 2021 by Seth Purcell. It operates as a SaaS (Software-as-a-Service), and Freemium. Flat has raised $1 million across 1 funding round from investors including Flybridge Capital Partners, NextView Ventures and Soma Capital. Flat offers products and services including Flat. Flat operates in a competitive market with competitors including Notion, Smartsheet, Asana, monday.com and Clickup, among others.
- Headquarter New York, United States
- Founders Seth Purcell
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Sectors
Technology
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Email
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Phone
*********
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Website
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Social
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- Legal Name Constructor, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1 M (USD)
in 1 rounds
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Latest Funding Round
$1 M (USD), Seed
Nov 09, 2021
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Investors
Flybridge Capital Partners
& 3 more
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Employee Count
Employee Count
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Products & Services of Flat
Flat offers a comprehensive portfolio of products and services, including Flat. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
A simple tool for team collaboration and organization.
Funding Insights of Flat
Flat has successfully raised a total of $1M through 1 strategic funding round. The most recent funding activity was a Seed round of $1 million completed in November 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $1.0M
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First Round
First Round
(09 Nov 2021)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2021 | Amount | Seed - Flat | Valuation | Flybridge Capital Partners , Soma Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Flat
Flat has secured backing from 4 investors, including venture fund and angel investors. Prominent investors backing the company include Flybridge Capital Partners, NextView Ventures and Soma Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Early-stage tech startups are funded by Flybridge Capital Partners.
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Founded Year | Domain | Location | |
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Seed-stage tech startups are invested in by NextView Ventures.
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Founded Year | Domain | Location | |
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Early-stage investments are provided by Soma Capital to startups.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Flat
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Flat
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Flat Comparisons
Competitors of Flat
Flat operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Notion, Smartsheet, Asana, monday.com and Clickup, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Diversified smart home products including hubs and sensors are provided.
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| domain | founded_year | HQ Location |
Cloud based suite solutions for enterprise project management
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| domain | founded_year | HQ Location |
Cloud-based project management software is offered for teams.
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| domain | founded_year | HQ Location |
Cloud-based platform for project management and team tracking is offered.
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| domain | founded_year | HQ Location |
Cloud based project management platform
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| domain | founded_year | HQ Location |
Cloud and AI based low code workflow and app development platform
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Flat
When was Flat founded?
Flat was founded in 2021.
Where is Flat located?
Flat is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Flat?
Seth Purcell is the current CEO of Flat. They have also founded this company.
Is Flat a funded company?
Flat is a funded company, having raised a total of $1M across 1 funding round to date. The company's 1st funding round was a Seed of $1M, raised on Nov 09, 2021.
What does Flat do?
A solution for team collaboration and work organization is offered by Flat. The platform serves as a simple, focused home base for teams to describe, track, and discuss work in a shared space. It is designed to reduce friction and frustration caused by bloated project management tools and chaotic chat environments. Flat supports cross-functional collaboration with a minimal learning curve, making it suitable for various departments. Additionally, it is used for personal work organization, client collaboration, team meetings, and one-on-one discussions, ensuring that priorities are clear and nothing slips through the cracks. Integration with popular productivity apps like Google Docs, Miro, and Slack is supported to enhance workflow.
Who are the top competitors of Flat?
Flat's top competitors include monday.com, Smartsheet and Clickup.
What products or services does Flat offer?
Flat offers Flat.
Who are Flat's investors?
Flat has 4 investors. Key investors include Flybridge Capital Partners, NextView Ventures, Soma Capital, and Michael Baker.
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