Finnish startup Flowrite, builders of an AI-powered writing tool, has closed a €550,000 pre-seed funding round from Lifeline Ventures and Seedcamp, joined by angel investors including Unity founder David Helgason. Flowrite is among the first companies globally to launch and raise funding for a product built on top of OpenAI’s language model GPT-3.
Dubbing itself a productivity tool, the Nordic software is designed to help professionals convert a few words into ready-to-send texts (be they emails, messages or posts).
“Flowrite enables an unforeseen shift in how short-form content is produced, allowing users to convert words into ready-to-send texts without having to think about structure, articulation, and grammar,” claims Flowrite’s CEO Aaro Isosaari, who founded the company with CTO Karolus Sariola.
The Helsinki-based company uses GPT-3, OpenAI’s new language generation engine as the backbone of their product. On top, they’re building their own proprietary technology that improves the results over time, generating texts that suit a user’s own style and context based on previous phrases and messages.
A demo was just released in October and, with a waitlist stretching into the ‘thousands’, the tool will be available to its first official users in December.
Photo: Co-founders Aaro Isosaari and Karolus Sariola