By Riley Kaminer
“Venture Capital is a very rudimentary industry from a tooling and platforming perspective. That’s ironic because they’re investing in the next generation of cutting-edge technology, but they never really got the cutting-edge technology themselves.”
That is what Miami tech founder Vlad Cazacu noticed in his years as an investor, including most recently at Coconut Grove-based Fuel VC. Now Cazacu, alongside five teammates, is building a platform that will give venture capital firms some cutting-edge tooling of their own.
Meet Flowlie: the next generation of data infrastructure for investors. For investors, Flowlie offers two main use cases. First: deal screening. Investors can use Flowlie as potential deals come their way. Flowlie then does some pre-analysis for them – think of the basic prep tasks that a junior analyst might do.
Second: deal sharing. Flowlie’s algorithm determines who in the investor’s network is most relevant for a particular deal and what is the best way to share it with them. “No need to look back and check your notes,” Cazacu told Refresh Miami. “Now Flowlie will automatically deliver authentic suggestions to you.” That’s useful in a variety of cases, including finding additional investors to close a round you’re leading or supporting portfolio companies with additional sources of capital from downstream investors.
Through Flowlie, founders can also share their deck directly through the platform. Flowlie will also predict the fit between a startup and different investors. When a founder edits a deck uploaded to Flowlie, these edits are automatically propagated to all the investors. “That allows us to create a single source of truth about the startup,” said Cazacu. “Now, if you are talking to 10 different firms, you do not have 10 different copies of that data.”
Flowlie is not a public marketplace; rather, investors and founders can only receive and share info that they were specifically given access to. That said, Flowlie is able to leverage this data to gain quarter-to-quarter insights into the venture activity on a broad, anonymized level. “We never plan to sell that data,” Cazacu affirmed.
The Brickell-based company already has 2,000 users in its beta, which launched in early August. Cazacu shared that Flowlie is particularly popular with two demographics: angels that are looking for an AI assistant and VCs that are drowning in deals.
Three months ago, Flowlie raised a $300,000 round in which 50 family offices and angels participated. Now Cazacu and team are looking to close their second tranche of funding from institutional investors.
It’s no coincidence that Flowlie was born in the Magic City. “We embody the ethos of Miami,” Cazacu proudly proclaimed. “We are an immigrant-led team of six people from five different countries.” Four out of the six are already in Miami or are on the way here. Cazacu is co-founder and CEO, and fellow Fuel VC alum Mark Bugas is co-founder and Chief Revenue Officer. “We definitely see us growing our roots in Miami because of the dynamic, up-and-coming nature of the ecosystem,” Cazacu continued.
“We hope to be able to do our part and help founders and investors achieve their goals faster by using Flowlie – and help Miami grow as well.”
Photo at top of post: From left, Flowlie co-founders Vlad Cazacu, CEO, and CRO Mark Bugas.
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