Funding round aims to accelerate Ziflow's sales growth and product leadership
LONDON, Feb. 2, 2023 /PRNewswire-PRWeb/ -- Ziflow, the enterprise creative workflow platform for centralizing feedback on any creative asset using any device, announced today that it has closed a $20 million Series A funding round led by Riverside Acceleration Capital (RAC) and Companyon Ventures. This investment increases Ziflow's total equity funding to $27 million."We are thrilled to support Ziflow as the company continues expansion in the United States and around the world," said Jonathan Drillings, partner at RAC. "This is a product that is built to deliver real value for its users, and which should continue to evolve to empower better marketing creative through smoother operational processes."
As companies of all sizes face increased pressure to do more with less, Ziflow's ability to help reduce time and friction in the creative process, while helping to improve creative outcomes for brands and agencies alike, is compelling.
"RAC joins Companyon Ventures in this Series A round, who had previously invested in Ziflow during their initial funding round in 2020. "We couldn't be happier to extend our partnership with the team at Ziflow," said Firas Raouf, co-founder and general partner at Companyon. "With a passionate customer base that's increasingly vocal about their favorite creative workflow solution—and a management team with a proven track record—we felt that increasing our investment in Ziflow was an easy choice."
"This Series A funding round led by two fantastic partners in RAC and Companyon gives us the mandate to continue on the path we've laid out, helping teams solve their core challenges around feedback, review, and approval," said Anthony Welgemoed, co-founder and CEO of Ziflow. "This investment will allow us to continue delivering an unparalleled experience for our customers and help marketing and creative teams around the world save time and money while improving the quality of their work."
In addition to expanding their global sales and marketing efforts, Ziflow intends to invest heavily in product development, doubling-down on a roadmap that will add additional automation to a team's creative workflow.
"AI is changing the world around us, and we've been hard at work on developing ways to leverage new technologies which will allow for faster, more accurate, and more automated feedback on assets," continued Welgemoed. "Image and text recognition, quality control, sentiment analysis, predictive approval, automated and personalized feedback are all areas where we'll look to innovate in 2023."
Ziflow is the industry-leading creative workflow platform, empowering agencies and brands to deliver exceptional creative work by streamlining feedback on any creative asset from concept to completion. With thousands of customers all over the world including Showtime, McCann Worldgroup, AWS, Weber, Specialized and Dupont, Ziflow has been recognized as best-in-class by user and peer review sites like TrustRadius, G2, and Capterra. Founded in 2016 by the team behind ProofHQ (sold to Workfront in 2015), Ziflow builds cutting-edge creative technology that drives measurable results for marketing and creative teams of any size.More information on Ziflow can be found at their website, https://www.ziflow.com.
About Ziflow
Ziflow empowers enterprise brands and agencies to deliver exceptional creative work by helping them accelerate their feedback and approval processes. Only Ziflow lets stakeholders review any type of content in a collaborative environment that can be tailored to a team's unique creative process. An automated creative workflow powered by Ziflow dramatically reduces the number of hours spent to deliver projects, with creative team members saving up to a day per week on average. Ziflow was founded in 2016 and has team members in the US, UK, Poland and South Africa. For more information, visit ziflow.com, or follow Ziflow on LinkedIn.
About Riverside Acceleration Capital
Riverside Acceleration Capital (RAC) provides flexible growth capital to expansion-stage B2B software and technology companies. RAC is part of The Riverside Company, a global private investor [focused on investing in growing businesses valued at up to $400 million]. Since its founding in 1988, The Riverside Company has made more than 960 investments. The firm's international private equity and flexible capital portfolios include more than 150 companies. For more information on RAC, visit http://www.riverside.ac.
About Companyon Ventures
Companyon Ventures invests in category-leading seed-funded B2B software startups that have found product-market fit and are ready to scale. The firm guides companies down a path to an outsized Series A and their first $10M in annual revenue through an immersive expansion program resulting in repeatable and scalable go-to-market execution. Companyon's expansion program employs playbooks and tools used by top-performing startups executed by a curated team of B2B SaaS practitioners who work for CEOs to deliver output and outcomes.
Media Contact
Ryan Dunagan, Ziflow, 1 (855) 494-3569, [email protected]
SOURCE Ziflow
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