About Plutis
Plutis is a company based in San Francisco (United States) founded in 2022 by Asim Hirji and Kamil Ali.. Plutis has raised $125 thousand across 1 funding round from investors including Y Combinator. Plutis operates in a competitive market with competitors including ProwessSoft, MovingLake, COOCON, Lenape Technologies and Arkimera, among others.
- Headquarter San Francisco, United States
- Founders Asim Hirji, Kamil Ali
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Sectors
Technology
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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
$125 K (USD)
in 1 rounds
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Latest Funding Round
$125 K (USD), Seed
Jun 01, 2023
- Investors
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Employee Count
Employee Count
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Funding Insights of Plutis
Plutis has successfully raised a total of $125K through 1 strategic funding round. The most recent funding activity was a Seed round of $125 thousand completed in June 2023. 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 Seed — $125,000
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First Round
First Round
(01 Jun 2023)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2023 | Amount | Seed - Plutis | Valuation |
investors |
| 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 |
Investors in Plutis
Plutis has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Y Combinator. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage startups are accelerated via funding and educational programs.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Plutis
| 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 |
Financial Statements - Plutis
| 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 |
Plutis Comparisons
Competitors of Plutis
Plutis 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 ProwessSoft, MovingLake, COOCON, Lenape Technologies and Arkimera, 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 |
Provides API integration, cloud enablement, and legacy modernization for enterprises.
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| domain | founded_year | HQ Location |
API development services are provided by MovingLake to technology clients.
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| domain | founded_year | HQ Location |
API listings are provided to facilitate business services and automation.
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| domain | founded_year | HQ Location |
Offers comprehensive API development services for businesses.
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| domain | founded_year | HQ Location |
Provider of API microservice for accounting software firms
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Plutis
When was Plutis founded?
Plutis was founded in 2022 and raised its 1st funding round 1 year after it was founded.
Where is Plutis located?
Plutis is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of Plutis?
Kamil Ali is the current CEO of Plutis. They have also founded this company.
Is Plutis a funded company?
Plutis is a funded company, having raised a total of $125K across 1 funding round to date. The company's 1st funding round was a Seed of $125K, raised on Jun 01, 2023.
What does Plutis do?
Plutis was established in 2022 in San Francisco, United States, as a provider of API development services within the technology sector. Operations are centered on creating and integrating APIs for software applications. The company is led by co-founders Asim Hirji and Kamil Ali, with Kamil Ali serving as CEO. Services are delivered to support business needs in digital infrastructure, based in the U.S. tech hub.
Who are the top competitors of Plutis?
Plutis's top competitors include MovingLake, COOCON and ProwessSoft.
Who are Plutis's investors?
Plutis has 1 investor. Key investors include Y Combinator.