Fundz

Berlin-based Plato raised €6 million in a pre-seed funding round led by Cherry Ventures to transform the wholesale industry with AI.

PRIVATENov 04, 2024

Amount Raised

€6 Million

Round Type

Pre-Seed

BerlinSoftwareArtificial IntelligenceEnterprise SoftwareMachine LearningSaaS

Investors

CelonisNvidiaGerman GovernmentMicrosoftSapPersonioSennderFortoCherry Ventures

Description

Plato, an AI-powered ERP automation platform for wholesale distributors, closed a €6 million pre-seed funding round. The round was led by Cherry Ventures, with support from the German government and tech industry leaders.

Quick answer

Plato raised €6 Million in a Pre-Seed round, dated November 4, 2024. Investors: Celonis, Nvidia, German Government, Microsoft, Sap, Personio, Sennder and Forto. Plato is based in Berlin, Berlin, Germany.

How much did Plato raise?
Plato raised €6 Million in a Pre-Seed round on November 4, 2024.
Who invested in Plato?
Celonis, Nvidia, German Government, Microsoft, Sap, Personio, Sennder and Forto are named as investors in this round.
What does Plato do?
Plato is a Berlin-based AI-powered ERP automation platform designed for wholesale distributors.
Where is Plato based and how big is it?
Plato is based in Berlin, Berlin, Germany.
Who are the decision-makers at Plato?
Fundz holds 1 contact at Plato. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Enterprise Software and SaaS around the same time

Companies in the same sectors as Plato that raised within 45 days of this round, from Fundz verified event records.

  • Aampe raised $18M (Series A) on December 10, 2024.
  • Provarity raised $7M (Seed) on December 4, 2024.
  • bananaz raised $5.3M (Seed) on December 3, 2024.
  • isLucid raised $281K (Pre-Seed) on November 19, 2024.
  • Zeplyn raised $3M (Seed) on November 13, 2024.
  • Siit raised $5M (Seed) on November 7, 2024.

Who to call at Plato, and when

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Company Information

Company

Plato

Location

Berlin, Berlin, Germany

About

Plato is a Berlin-based AI-powered ERP automation platform designed for wholesale distributors. The platform integrates seamlessly with existing ERP systems to enhance sales and operational workflows through AI. It automates routine tasks and provides data-driven recommendations to help distributors streamline processes and improve profitability. Plato aims to transform the wholesale industry by addressing significant challenges such as labor shortages and the need for digital transformation.

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Plato raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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