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Serial founder Radu Georgescu joins $43M-backed FlowX.AI board

What's the deal? FlowX.AI has appointed entrepreneur and investor Radu Georgescu to its board of directors. The New York-headquartered company, which runs its engineering center in Bucharest, is adding the serial founder as it expands work with banks, insurers, and government institutions globally.

Who is he? Georgescu brings more than 30 years of building software, internet, and e-commerce companies. His exits include RAV AntivirusDealroom has a profile for this one. Try Dealroom →, acquired by Microsoft in 2003; GECAD ePayment, bought by Naspers in 2010; and Avangate, taken over by Francisco PartnersDealroom has a profile for this one. Try Dealroom → in 2013.

What does FlowX.AI do? Founded in 2020 by Ioan Iacob, Șerban Chiricescu, and Radu Cautiș, it operates a multi-agent artificial intelligence platform for the banking, insurance, and logistics sectors. The company runs more than 220 enterprise-grade AI agents and over 50 large language models on Hugging Face.

Why now? The appointment comes during a global expansion phase. "Radu took technology companies from a small team to global clients and did it three times," said Ioan Iacob, chief executive officer and co-founder, adding that Georgescu's experience fits that stage.

Georgescu is a founding partner of Gecad VenturesDealroom has a profile for this one. Try Dealroom →, which backs software and high-tech companies in cybersecurity, cloud, e-commerce, and fintech. He currently chairs the advisory board of SeedBlinkDealroom has a profile for this one. Try Dealroom → and sits on the board of SymphoPayDealroom has a profile for this one. Try Dealroom →.

The signal: FlowX.AI has raised more than $43 million, in a Series A led by Dawn CapitalDealroom has a profile for this one. Try Dealroom → with Day One CapitalDealroom has a profile for this one. Try Dealroom →, PortfoLionDealroom has a profile for this one. Try Dealroom →, and SeedBlink. Bringing in a founder with repeat exits signals the 150-person company is positioning for scale as it chases enterprise clients worldwide.

Read more: sfin.ro

Image credit: Sherwin Torres

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