StructureFlow, today announces two hires to its senior leadership team and continued expansion of its international operations and customer roster. The start-up is also participating in Allen & Overy’s ‘Fuse’ Incubator and Founders Factory’s 6-month FinTech accelerator programme. StructureFlow is a cloud-based visualisation software that professionals to breakdown dense information in a clear, simple, and visual way.
Founded by ex-City lawyer Tim Follett, StructureFlow was developed to address the difficulties and inefficiencies he faced when trying to visualise complex legal structures and transactions using tools that were not up to the task. The company was formally launched earlier this year, when many firms were looking for new technologies that enable efficient collaborative working.
Global growth and expanding beyond the legal industry
StructureFlow opened its first international office outside of the UK in Singapore earlier this year. It has also been running successful pilots of its visualisation software with prestigious international law firms. In addition to the growing customer base in the UK – the company is expanding internationally. The company will be onboarding customers in India, Australia, the Netherlands and Canada in the next month.
StructureFlow believes that accounting teams, investment banks, private equity firms and venture capital firms will also benefit from its visual structuring tool. Venturing beyond its legal customer base, Structureflow is working with a small number of asset management and private fund businesses. This includes M7 Real Estate, a leading specialist in pan-European, multi-tenanted commercial real estate investment and asset management operations.
“We decided to expand internationally despite the pandemic. There is a heightened need for new technologies to support global organisations who are restructuring business models to adapt to the ‘new normal’. Our product helps law firms and other financial institutions to work securely whilst working from anywhere. Our growing Singapore operations will allow us to better serve our customers in Asia Pacific.”Alex Baker, Head of Growth
New hires join the senior leadership team to scale visualisation software
De Jong has held several prominent positions within regulated industries in both the private and public sectors. He has a background in enterprise software development, information security and a track record of many successful large-scale integrations.
Oliver is a co-founder of Workshare Transact, the legal transaction management application that was acquired by Litera in 2019. He was previously a corporate lawyer with Fieldfisher.
Together, they bring decades of legal and technology leadership and expertise to expedite StructureFlow’s product development. They will be instrumental in developing the software to meet the demands of the company’s broadening customer base.
“The decision to further expand our presence across the legal and financial technology markets in Europe, Asia and North America is a logical step in our business growth strategy. The addition of Jean-Paul de Jong and Owen Oliver will bring first-class engineering, security and product expertise to our team, bolstering our ability to build and scale innovative enterprise products.”Tim Follett, CEO of StructureFlow
Accelerator programmes to complement growth strategy
To broaden its global presence and increase the impact of its product, StructureFlow has joined two reputable accelerator programmes. The company is currently taking part in Allen & Overy’s flagship legal tech incubator Fuse. The company was also crowned the inaugural winner of Slaughter & May’s Collaborate programme last year.
The team has recently partnered with Founders Factory and joined its FinTech accelerator programme. This gives StructureFlow unparalleled access to the programme’s corporate partners and receive mentorship from industry experts. This will support the company’s growth strategy and increase the impact of its visualisation software across legal, financial services and other sectors.
“Being accepted into two industry-acclaimed incubator and accelerator programmes is a crucial part of our expansion plans and will provide us with expert guidance to further develop our visualisation software. By utilising the expertise of industry experts, we can expedite our plan of becoming a global platform for a range of organisations and stakeholders to visually engage with essential corporate information.”Tim Follett, CEO of StructureFlow