About PlatformE
PlatformE is a company based in Porto (Portugal) founded in 2015 by Ben Demiri.. PlatformE has raised $12 million across 1 funding round. PlatformE has completed 1 acquisition, including Catalyst AI. PlatformE offers products and services including RealTime, Custom, and Design Studio. PlatformE operates in a competitive market with competitors including Twiga Foods, Stylitics, AInnovation, Printful and TradeDepot, among others.
- Headquarter Porto, Portugal
- Founders Ben Demiri
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Sectors
RetailTechnology
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Email
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$12 M (USD)
in 1 rounds
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Latest Funding Round
$12 M (USD), Series B
Oct 28, 2019
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Investors
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of PlatformE
PlatformE offers a comprehensive portfolio of products and services, including RealTime, Custom, and Design Studio. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Enables data-driven decisions for product development and efficiency.
Facilitates digital twins and order management for fashion brands.
Allows creation and showcasing of fashion designs digitally.
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Funding Insights of PlatformE
PlatformE has successfully raised a total of $12M through 1 strategic funding round. The most recent funding activity was a Series B round of $12 million completed in October 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series B — $12.0M
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First Round
First Round
(28 Oct 2019)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2019 | Amount | Series B - PlatformE | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by PlatformE
PlatformE has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Catalyst AI. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Provider of artificial intelligence and data science research services
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2017 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - PlatformE
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Platforme Comparisons
Competitors of PlatformE
PlatformE operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Twiga Foods, Stylitics, AInnovation, Printful and TradeDepot, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Farm products are distributed via an online marketplace to vendors.
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| domain | founded_year | HQ Location |
Tech enabler offering AI-based personal styling solutions for fashion businesses
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| domain | founded_year | HQ Location |
AI software is developed for retail, manufacturing, and insurance sectors.
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| domain | founded_year | HQ Location |
On-demand custom printing and fulfillment services are provided for e-commerce.
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| domain | founded_year | HQ Location |
Software solutions are provided for B2B stock redistribution management.
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| domain | founded_year | HQ Location |
Provider of software solutions enabling informal distribution for retail businesses
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about PlatformE
When was PlatformE founded?
PlatformE was founded in 2015 and raised its 1st funding round 4 years after it was founded.
Where is PlatformE located?
PlatformE is headquartered in Porto, Portugal.
Is PlatformE a funded company?
PlatformE is a funded company, having raised a total of $12M across 1 funding round to date. The company's 1st funding round was a Series B of $12M, raised on Oct 28, 2019.
What does PlatformE do?
PlatformE was founded in 2015 in Porto, Portugal, as an online B2B platform in the fashion sector. Customization of products is enabled through 3D visualization and configuration tools, allowing virtual adjustments in designs, graphics, fabrics, and colors before physical production. Supply chain technology is utilized to connect orders directly to factories, supporting on-demand manufacturing and dropshipping from factory to consumer.
Who are the top competitors of PlatformE?
PlatformE's top competitors include Increff, Darkstore and Twiga Foods.
What products or services does PlatformE offer?
PlatformE offers RealTime, Custom, and Design Studio.
How many acquisitions has PlatformE made?
PlatformE has made 1 acquisition, including Catalyst AI.