When was Flowstep founded?

Flowstep was founded in 2023 and raised its 1st funding round within a year of its incorporation.

Where is Flowstep located?

Flowstep is headquartered in Tallinn, Estonia.

Who is the current CEO of Flowstep?

Matt Clannachan of Flowstep. They have also founded 1 company.

How many employees does Flowstep have?

As of Sep 30, 2026, the latest employee count at Flowstep is 12.

Is Flowstep a funded company?

Flowstep is a funded company, having raised a total of $4.45M across 4 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on May 2023.

When was the latest funding round of Flowstep?

Flowstep's latest funding was a $***** Seed round on Jun 27, 2025, with participation from 10 investors.

Where does Flowstep rank among its competitors?

Flowstep ranks 4th amongst 29 active competitors, of which 6 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Flowstep, which secured $2.58M in Jun, 2025.

Who are the top competitors of Flowstep?

Flowstep's top competitors include Qt Group, Figr and Locofy. Among them, Flowstep secured the most recent funding round in June, 2025.

Flowstep - 2026 Company Profile, Team, Funding & Competitors

Flowstep is a seed company based in Tallinn (Estonia), founded in 2023 by Kaarel Roben, Sami Nieminen, Svyatoslav Polishchuk and Matt Clannachan. It operates as an AI based platform for designers to develop user flows and designs. Flowstep has raised $4.45M in funding from Tera Ventures and Supernode Global. The company has 29 active competitors, including 6 funded and 2 that have exited. Its top competitors include companies like Qt Group, Figr and Locofy.

Company Details

AI based platform for designers to develop user flows and designs. Structured visualization of the customer journey, wireframe creation, idea generation, and design personalization are some of the features of the platform.

Website: flowstep.ai
Social
Email ID: *****@flowstep.design

Key Metrics

Founded Year

2023

Location

Tallinn, Estonia

Stage

Seed

Total Funding

$4.45M in 4 rounds

Latest Funding Round

Seed, Jun 27, 2025, $*****

Investors

Tera Ventures & 10 more

Ranked

4^th among 29 active competitors

Employee Count

12 as on Sep 30, 2026

Similar Companies

Figr & 24 more

View Flowstep's full profile

Flowstep has raised a total funding of $4.45M over 4 rounds. Its first funding round was on May 2023. Its latest funding round was a Seed round on Jun 27, 2025 for $*****. 10 investors participated in its latest round. Flowstep has 8 institutional investors and 3 angel investors.

Here is the list of recent funding rounds of Flowstep:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 27, 2025	6316754	Seed	1415397	5370006	2814062	2955126
Apr 03, 2024	5761519	Grant (prize money)	6609202	4725638	8411490	EIS
Nov 02, 2023	1113211	Seed	3747696	2718263	Tera Ventures	8898183

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View details of Flowstep's funding rounds and investors

The founders of Flowstep are Kaarel Roben, Sami Nieminen, Svyatoslav Polishchuk and Matt Clannachan. Matt Clannachan is the CEO of Flowstep.

Here are the details of Flowstep's key team members:

Kaarel Roben: Co-Founder & CTO of Flowstep.
Sami Nieminen: Co-Founder of Flowstep.
Svyatoslav Polishchuk: Co-Founder of Flowstep.
Matt Clannachan: Co-founder & CEO of Flowstep.

View details of Flowstep's Founder profiles and Board Members

Flowstep's employee count trend

Flowstep has 12 employees as of Sep 26. Here is Flowstep's employee count trend over the years:

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Top competitors of Flowstep include Qt Group, Figr and Locofy. Here is the list of Top 10 competitors of Flowstep, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Qt Group 1995, Helsinki (Finland), Acquired	Developer of cross-platform software development tools and quality assurance solutions	$6.7M	Index Ventures, Northzone & 4 others	64/100
2nd	Figr 2023, Bengaluru (India), Seed	Provider of AI-powered UI design and workflow tools	$2.5M	Kalaari Capital, Antler & 8 others	47/100
3rd	Locofy 2021, Singapore (Singapore), Seed	Platform offering low code web application development software	$7.3M	Northstar Ventures, January Capital & 9 others	42/100
4th	Flowstep 2023, Tallinn (Estonia), Seed	AI based platform for designers to develop user flows and designs	$4.45M	Specialist, Supernode Global & 9 others	39/100
5th	Galileo AI 2022, San Francisco (United States), Acquired	Platform offering UI design tools	$4.4M	Khosla Ventures & 8 others	38/100
6th	Skippr 2022, London (United Kingdom), Funding Raised	AI generated product designs for product designers and managers	-	Cerca Partners, Bessemer Venture Partners ... & 1 others	36/100
7th	Blocksfabrik 2021, New York City (United States), Seed	Platform offering no code based design development software	$500K	Y Combinator, Surface Ventures & 1 others	34/100
8th	Baetho 2014, Bengaluru (India), Unfunded	Platform offering no code design software	-	-	31/100
9th	SevnAI 2023, London (United Kingdom), Seed	Platform offering generative design AI services	$500K	Y Combinator	31/100
10th	Rapidpages 2023, Redwood City (United States), Unfunded	AI powered UI design creation software	-	-	30/100