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PLATMA Raises $2.2 Million in Pre-Seed Funding Round

PLATMA, a platform specializing in commercial automation powered by artificial intelligence, has announced its plans to enter the Middle East and North Africa (MENA) market after successfully raising $2.2 million in a Pre-Seed funding round. The platform’s valuation now stands at $20 million.

Leading the Funding Round

The funding round was led by Almaz Capital, with participation from:

  • EA
  • Aloga Ventures
  • Startup Wise Guys
  • CAUCASUS VC

The round also attracted notable investors such as:

  • Tumar Venture Fund
  • MOST Ventures
  • ACTIVAT VC

Mission and Founding Team

Established in 2022 by a group of entrepreneurs, PLATMA was founded by:

  • Maxim Kolyada
  • Maxim Prokhorov
  • Serhii Kozlov
  • Yaroslav Kolohryhov

The platform aims to empower users to easily create and manage complex business processes without requiring coding skills, using English natural language descriptions.

Exceptional Growth and Performance

PLATMA has demonstrated remarkable growth in a short period:

  • Achieved a 4,000% increase in monthly recurring revenue (MRR) since October 2023.
  • Exceeded $250,000 in monthly recurring revenue by March 2024.
  • Garnered over 10,000 registered users on the platform.

Strong Presence in the UAE and Prestigious Awards

PLATMA has established a strong foothold in the United Arab Emirates, where it received the Best AI Startup Award at the Future Technology World Cup in Dubai.

Regional Partnerships

The platform has formed strategic collaborations with leading organizations, including:

  • CBI Bank
  • Other regional entities to bolster its market presence.

Expansion Plans and Future Strategy

Maxim Kolyada, Co-Founder and CEO of PLATMA, expressed his enthusiasm:

“We are thrilled to expand our operations into the MENA region, where we see immense opportunities to transform business processes using AI technologies.”

He added:

“This new investment will allow us to further develop our platform and strengthen our regional partnerships to support businesses in automating their operations and enhancing productivity.”

Vision for the Future

In a rapidly growing market like MENA, PLATMA aims to position itself as a key partner in commercial automation. By offering intelligent and user-friendly solutions, the platform seeks to help businesses optimize operations and reduce operational costs.

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