Company Overview
Snapshot
Founded in September 2021 by Sivan Iram, Amit Ben-Nathan, and Naor Rosenberg, Flow operates with 11–50 employees. The company has raised $20.6 million across two funding rounds from four investors. In April 2023, Flow secured a $15.6 million Series A round to advance its commercial insurance marketplace.
Business overview
Flow is an Insurtech company that provides a digital marketplace designed to streamline the Excess & Surplus (E&S) insurance placement process. Its core technology connects brokers and carriers, facilitating more efficient transactions within the commercial insurance sector. The company operates within the broader Fintech & Insurtech sectors, serving the financial services industry, specifically targeting insurance products.
Strategic signal
In September 2024, Flow announced a significant shift in its ownership structure, with controlling owners Assaf Tuchmair and Barak Rosen increasing their stake to approximately 60%, while Flow will hold about 30%. This strategic realignment indicates a consolidation of control and a potential re-evaluation of the company's long-term direction, signaling a new phase of governance and strategic focus for investors.
Company Intelligence Q&A
- When was Flow founded and by whom?
- Flow was founded in September 2021 by Sivan Iram, Amit Ben-Nathan, and Naor Rosenberg.
- What is Flow's primary business?
- Flow operates a digital marketplace for Excess & Surplus (E&S) insurance, connecting brokers and carriers to streamline the placement process.
- How much capital has Flow raised to date?
- Flow has raised a total of $20.6 million across two funding rounds.
- What was a significant funding event for Flow?
- In April 2023, Flow secured a $15.6 million Series A round for its commercial insurance marketplace.
- What was a recent development regarding Flow's ownership structure?
- In September 2024, controlling owners Assaf Tuchmair and Barak Rosen increased their stake to approximately 60% of the company, with Flow holding about 30%.