Seed round of $14.5M led by an unnamed lead investor with participation from existing investors. Plato focuses on automating sales, quoting and ERP workflows for wholesale distributors, offers AI-driven sales intelligence, and has signed several large European distribution customers with six-figure average contract values.
About Plato
Plato develops AI-native software automating core workflows for wholesalers including sales, quoting and ERP processes to increase sales efficiency and profitability.
unknown, Germany
Read Company ProfileFrequently Asked Questions
What type of funding round did Plato raise?
Plato raised a seed round.
How much did Plato raise in its seed?
Plato raised $14,500,000 USD in its seed.
Who invested in Plato's seed?
The investors in Plato's seed are: lead investor (unnamed in source), existing investors (unnamed in source).
What type of investment was Plato's seed?
Plato's seed was a equity investment.
How will Plato use the funds from its seed?
Plato plans to use the funds for: expand platform functionality (customer service, procurement), international expansion, scale AI tools for distributors.