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Pictured (l-r): Jeremy Debono, Senior Associate, Elkstone, Ken Sheehan, CTO, Jennifer Kelly, COO, Tim Crowe, CEO, WrxFlo and Richard Watson, Managing Director, Furthr VC.

Limerick-founded AI manufacturing software company plans to create 200 jobs by 2028

LIMERICK, Ireland 7^th July, 2026  WrxFlo, the Irish AI-powered software company helping large industrial manufacturers and logistics businesses transform their operations, has raised €3 million in funding. The round was led by Elkstone, with participation from existing investors Furthr VC and Enterprise Ireland, as well as a number of angel investors.

The investment will accelerate WrxFlo’s expansion in the UK and United States, drive continued development of its AI-powered SaaS platform, and support the company’s ambition to grow from 60 to 200 employees by 2028.

Founded in Limerick in 2019 by former Dell manufacturing leaders Tim Crowe (CEO), Ken Sheehan (CTO) and Jennifer Kelly (COO), WrxFlo replaces the disconnected systems, spreadsheets and manual processes that prevent manufacturers and logistics companies from operating at full potential, giving teams a single, connected digital platform and an AI-powered co-worker that helps them cut waste, anticipate risk and make faster decisions – from isolated insights to intelligence everywhere.

The investment comes on the back of very strong commercial momentum for WrxFlo, which has more than doubled its annual recurring revenue (ARR) and grown its customer base internationally. The company now supports manufacturing and logistics spanning five global markets, including Ireland, UK, Germany, China and the USA. WrxFlo’s platform has helped clients reduce operational costs by up to 40% and improve productivity by 25% across their production lines.

Manufacturing software is a rapidly expanding category as industrial businesses face mounting pressure to increase digitalisation. WrxFlo is positioning itself at the intersection of two powerful trends – the digitalisation of industrial operations and the practical application of AI to everyday operational decision-making. The global smart manufacturing market is projected to reach US$996 billion by 2030, according to MarketsandMarkets.^[1]

Tim Crowe, co-founder and CEO of WrxFlo, said: “We built WrxFlo from first-hand experience of running complex manufacturing and supply chain operations. We’ve walked in the shoes of our customers. We know how frustrating it is when systems don’t talk to each other and teams have to chase data just to understand what’s happening across the operation. WrxFlo connects those systems, applies AI to the data, and gives teams a digital co-worker that helps them remove waste, spot risks earlier and focus on the work that actually creates value.

This funding marks an important milestone. We are seeing strong demand from manufacturers looking to harness AI in practical, measurable ways – and with the backing of Elkstone, Furthr VC, Enterprise Ireland and our wider investor group, we are well positioned to accelerate our international growth.”

Niall McEvoy, Head of Venture at Elkstone said: “We are delighted to back WrxFlo at this exciting stage of its journey. Manufacturers and logistics operators are under intense pressure to do more with less, yet many still rely on disconnected legacy systems and manual processes. The WrxFlo team brings rare, genuine operational experience together with a powerful, flexible platform that deploys quickly and adapts to each customer. We believe WrxFlo is poised to become a category-defining company in AI-enabled operations software.”

Richard Watson, Managing Partner at Furthr VC said: “Having backed WrxFlo since their first round in 2022, we’ve seen this team consistently deliver on what they set out to do. They combine deep operational expertise and credibility with a platform that solves a real, expensive problem for manufacturing and logistics companies. Following-on in this round was an easy decision – WrxFlo has the team, the product and the market timing to be a leader in this space, and we’re proud to continue supporting their strong and accelerating international growth.”

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Editor Notes:

About WrxFlo 

WrxFlo (pronounced ‘Works-Flow’) helps large industrial manufacturing and logistics companies digitalise and connect their operations, turning complex, paper or Excel-based processes into streamlined, data-driven systems that reduce costs and improve efficiency. Founded in 2019 and headquartered in Limerick, Ireland, by co-founders Tim Crowe (CEO), Ken Sheehan (CTO) and Jennifer Kelly (COO), WrxFlo’s AI-powered platform spans financial reporting, planning, digital manufacturing, warehouse management, logistics and KPI tracking, enabling teams from the factory floor to the boardroom to run leaner, more resilient supply chains.

WrxFlo enables industrial manufacturers and logistics operators turn complex, paper or Excel-based processes into streamlined, data-driven systems that reduce cost and improve efficiency. The platform covers the full supply chain – from financial reporting and demand planning to digital manufacturing, warehouse management, logistics and administration-free KPI tracking – giving businesses a single, integrated view of performance.

The company has already delivered digital transformation projects that remove manual reporting, automate data flows and provide real-time visibility into OEE (Overall Equipment Effectiveness), cost, quality and service levels for clients across manufacturing and logistics. For more information, visit wrxflo.com.

About Elkstone

Elkstone is Ireland’s leading alternative investment firm specialising in venture and real estate opportunities. Founded in 2011, the firm offers clients unique access to investment opportunities. The firm operates Ireland’s largest early-stage venture fund (€100 million under management) and one of the country’s most active real estate development platforms (€2 billion pipeline). Elkstone has backed over 70 Irish technology companies and delivered more than 3,200 properties, focusing on supporting Irish innovation and addressing the country’s housing shortage. For more information visit: https://www.elkstonepartners.com/.

About Furthr VC

Furthr VC, the venture arm of Furthr, has been managing Irish seed funds for over two decades. Its current fund is backed by leading Irish medtech and software entrepreneurs, business leaders and Enterprise Ireland. Furthr VC invests in and partners with highly ambitious Irish medtech and B2B software companies developing globally scalable products and services, and which are positioned to become the next generation of the country’s leading technology companies. Furthr VC is a long-term partner to its portfolio companies and can invest up to €3M in a company through subsequent follow-on investment rounds.

For more information visit: https://furthrvc.ie