Tera Ventures led the €755k funding round to Flowstep 

Ellex in Estonia advised venture capital firm Tera Ventures as the lead investor on the €755k funding round to Flowstep.

Flowstep, global UX library that gives insights to design better products, has closed a pre-seed funding round of €755,000 for its further product development. Tera Ventures led the investment, Specialist VC and several angels joined it.

Flowstep was founded by Estonians Kaarel Roben and Matt Clannachan, Finn Sami Nieminen, Ukrainian Svyat Polishchuk in 2022.  It provides a UX library, consisting of recordings and screenshots of top applications such as Airbnb, Klarna, Spotify. The company claims its solution helps users analyze these applications and design their own products faster.

The investment was led by Tallinn-based Tera Ventures. Since the start of 2023, Tera Ventures has made investments in Estonian fintech Cino, Estonian legaltech Avokaado, and Polish-founded AI Clearing.

Flowstep will use the fresh funding round into product development, with a core focus on community-led growth.

Tera Ventures was advised by Ellex Partner Antti Perli, Counsels Rutt Värk and Mari Must.

Read more HERE.

Linked Experts

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mari must
Mari Must
Counsel / Estonia
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antti perli
Antti Perli
Partner / Estonia
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rutt värk
Rutt Värk
Counsel / Estonia