EA Group Holding has invested $500,000 in PLATMA startup.
The round was supported by US-based Almaz Capital, Murat Abdrakhmanov, Tumar Venture Fund, and several angel investors and funds. The total investment reached $2 million at a $20 million valuation.
While the startup's largest office is located in the UAE, its team operates across the US, Ukraine, Cyprus, Portugal, and other countries.
In 2024, PLATMA and PLATMA Academy opened offices in Kazakhstan. The platform currently has over 10,000 registered users and has facilitated the creation of thousands of applications. PLATMA Academy collaborates with Kazakhstani companies including Astana Hub, Fund Fusion, MOST BI, and others. The platform serves clients from the United Arab Emirates (UAE), Ukraine, Kazakhstan, Turkey, Azerbaijan, Slovenia, and other countries.
EA Group investment holding led the pre-seed funding round of the American startup PLATMA. The check size from EA Group was $500,000. The American investment fund Almaz Capital co-invested the same amount.
"Our investment in PLATMA aligns perfectly with our strategy of supporting breakthrough technologies with global potential. We believe PLATMA can fundamentally transform software development by making it accessible to a broader user base. Additionally, we're pleased that the company operates in Kazakhstan, contributing to our country's IT development, stated Yerik Aubakirov, CEO of EA Group Holding.
PLATMA's primary market is the SME sector, but their clients also include enterprises and IT integrators who use the service to help digitize their customers' business processes effectively.
"At PLATMA, we make digital transformation accessible to every business. Our solutions allow companies of any size to automate processes without complex development work. This is especially important for micro and small businesses, which make up 90% of all companies worldwide and often struggle with routine tasks and insufficient digitalization. Imagine if these companies could free up 70% of their time and direct it toward growth - it would transform the business landscape. We believe our tools will help achieve this and create new opportunities for entrepreneurs - Yaroslav Kologrivov, co-founder of PLATMA."