Artificial intelligence (AI) startup PLATMA secures $2 million in Pre-Seed funding for its no-code platform.
In the dynamic world of business automation, PLATMA, a no-code platform that leverages artificial intelligence, is making waves. Operating in a market projected to reach $187 billion by 2030, PLATMA is poised to make digital transformation accessible to every business.
The no-code/low-code platform market is expanding rapidly, with small and medium-sized businesses adopting these solutions at an increasing rate. This market is expected to reach $35.86 billion in 2025 and grow to nearly $94 billion by 2029, with a Compound Annual Growth Rate (CAGR) of 27.2%.
One of the key trends impacting PLATMA is the widespread integration of AI and machine learning. By 2025, over 70% of platforms are expected to incorporate these technologies, boosting decision-making and accelerating app development. This aligns perfectly with PLATMA's AI-driven automation focus.
Another trend is the rise of "citizen developers"—non-technical users building applications. This segment is projected to increase by at least 50% by 2025, increasing demand for user-friendly, AI-enhanced no-code tools like PLATMA.
Despite the promising outlook, PLATMA faces challenges. The intensifying competition from new and existing players, the need for enhanced security and data protection, and maintaining innovation while integrating with legacy systems are significant hurdles.
While there is no direct recent announcement about PLATMA's new product features, related players such as Orangekloud have recently launched AI-driven no-code platforms. This indicates market expectations for sophisticated AI capabilities in no-code automation platforms.
PLATMA's future plans likely involve deepening AI integration, improving user experience to empower non-technical users, enhancing security, and competing effectively by expanding features and legacy integrations. The platform's mission remains unwavering—to make digital transformation accessible to every business, enabling automation of processes without complexity.
The PLATMA team, distributed across Ukraine, Cyprus, Portugal, and Kazakhstan, is backed by investors such as Startup Wise Guys (Estonia), CAUCASUS VC (Azerbaijan), and several Kazakh venture capital firms like Tumar Venture Fund, MOST Ventures, and ACTIVAT VC. Business angel Murat Abdrakhmanov also participated in the funding round.
PLATMA has over 10,000 registered users and several thousand applications already created. The funds raised will be allocated for technology enhancement, team expansion, and market entry. Erik Aubakirov, CEO of EA Group investment holding, expressed his enthusiasm for collaborating with the PLATMA team, stating that their solutions will help optimize processes and save thousands of dollars on development costs for small and medium-sized businesses worldwide.
With its AI-driven automation focus, user-friendly interface, and commitment to digital transformation, PLATMA is well-positioned to navigate the rapidly growing no-code market. The platform's advisory board, led by Christoph Daszkiewicz, a leading expert in the No/Low Code field and the Head of Software at Schneider Electric, will undoubtedly guide PLATMA towards success.
- As PLATMA, a no-code platform powering digital transformation, leverages artificial intelligence, it aligns with the expanding no-code market, which is projected to reach $94 billion by 2029, driven by trends like the rise of citizen developers and the integration of AI and machine learning.
- In the rapidly growing no-code market, PLATMA's future plans involve expanding features, integrating with legacy systems, improving user experience, and enhancing security, which are essential aspects for the platform to maintain its competitive edge.
- With the no-code market showing a promising outlook, PLATMA's involvement in digital transformation, backed by investors such as Startup Wise Guys and CAUCASUS VC, positions it well to help small and medium-sized businesses optimize processes and save costs on development, given their AI-driven no-code tools and commitment to accessibility.