Flyntlok Raises $36M for Dealer Management Software

Flyntlok, a specialized business management software provider, has announced it has successfully raised $36,000,000 in investment capital from investors. The funding round marks a significant milestone for the company as it seeks to expand its operations and enhance its technological offerings within the equipment dealership sector. The company offers front-to-back business management software tailored for equipment dealerships. Its system was designed in coordination with Craig Taylor Equipment, an Alaskan dealer for major brands. Flyntlok's software provides comprehensive features including Point of Sale, Purchase Orders, Work Orders, Rentals, Transportation Scheduling, Fleet Planning, and Inventory Planning. It integrates real-time with QuickBooks Online for General Ledger, Accounts Payable, Accounts Receivable, and Payroll functions. Current customers include Craig Taylor Equipment, utilizing its Dealer Management Software, and Airframes Alaska, which employs its Manufacturing Resource Planning software. This capital infusion is expected to accelerate Flyntlok's strategic objectives. The company plans to use the funds for growth initiatives, including scaling its operations, expanding its market reach, and further investing in product development to meet the evolving demands of the equipment dealership and manufacturing industries. The investment will support the company's efforts to enhance its platform and serve a broader customer base. The successful funding round positions Flyntlok to build upon its established foundation and extend its innovative solutions to a wider segment of the market. This financial backing is anticipated to facilitate continued innovation and support the company's long-term growth trajectory in providing critical management software.