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The Floow Limited

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The Floow Limited
The Floow Limited
The Floow
ISIN🆔
IndustryTelematics
Founded 📆February 28, 2012; 12 years ago (2012-02-28)
Founders 👔
  • Aldo Monteforte
  • Dr Sam Chapman
Headquarters 🏙️, ,
Area served 🗺️
Worldwide
Products 📟 Telematics applications
BrandsWhite labeled provider
ServicesTelematic Service Provider
Members
Number of employees
110 (2018)
🌐 Websitethefloow.com
📇 Address
📞 telephone

The Floow Limited is a global Telematics company headquartered in Sheffield UK. The company was formed in 2012 and branded from the flow (psychology) state of mind as proposed by Mihaly Csikszentmihályi. It operates near to the Sheffield City Region centre and the River Don, South Yorkshire. The company produces of mass market applications of Internet of Things technology in Usage-based insurance[1] and is a 2016 recipient of the highest UK business award, the Queen's Awards for Enterprise for Innovation.[2] The company also appeared on a Tech Nation UK "future-fifty" list[3] and was reported as one of the UK's four highest growth tech firms.[citation needed]

In early 2017 The Floow received a £13million investment to expand its insurance and automotive commercial operations. This investment was highlighted alongside McLaren, and Boeing by Theresa May the UK Prime minister as the highlight of the Sheffield City Region's growing technology heart.[4]

The company remains majority owned by its management team and continues to invest in new technology. The company is involved in collaborative research in the areas of pollution, transport, smart cities and driverless cars.

References[edit]

  1. Reynolds, Matt (22 June 2016). "The Floow tracks your driving to save you money - and it could save your life". WIRED. Retrieved 11 January 2019.
  2. "The Queen's Awards 2016 Winners «". queensawardsmagazine.com. Retrieved 1 June 2017.
  3. Bryant, Martin (22 February 2017). "Two new Northern companies join Tech City UK's Future Fifty - Tech North". Retrieved 1 June 2017.
  4. "Prime Minister hails £13m investment for Sheffield technology firm The Floow". www.thestar.co.uk. Retrieved 1 June 2017.

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