The Rise of Extreme No-Code: Platma's Vision for the Future of Software Development
September 15, 2024, 3:30 pm
In the world of software development, a seismic shift is underway. Enter Platma, a Ukrainian-founded startup that is redefining the landscape with its “Extreme No-Code” platform. Recently, Platma secured $2 million in pre-seed funding, a testament to its innovative approach and growing influence. This funding round values the company at $20 million, positioning it as a key player in the no-code revolution.
No-code development has already made waves. It allows users with minimal programming skills to create applications and websites swiftly. Platma takes this concept and cranks it up a notch. With the power of artificial intelligence and natural language processing, users can now build applications simply by describing their needs in plain English. Imagine asking a friend to build you a treehouse, and they do it without needing blueprints. That’s the essence of Platma’s vision.
Founded in October 2022 by a team of innovators, including Maksym Kolyada and Yaroslav Kologryvov, Platma operates from San Francisco but boasts a diverse team spread across Ukraine, Cyprus, Portugal, and Kazakhstan. This global footprint reflects the startup's ambition to make digital transformation accessible to businesses worldwide.
The company’s early success is evident. With over 10,000 registered users, Platma has already facilitated the creation of thousands of applications. Its clientele spans multiple countries, including the United Arab Emirates, Ukraine, and Slovenia. This diverse user base highlights the platform's versatility and appeal across different markets.
One of Platma’s standout projects is a social protection portal developed in collaboration with the Transcarpathia region of Western Ukraine. This initiative aids wounded soldiers and families of missing combatants by streamlining the application process for financial assistance. In a world where bureaucracy often slows down help, Platma’s solution cuts through the red tape. Users can complete applications in just 10 to 20 minutes, with decisions made within three days. This is not just software; it’s a lifeline.
The funding round was led by notable investors, including Almaz Capital and EA Group, each contributing $500,000. Other backers include a mix of venture capital firms from Kazakhstan, Azerbaijan, and the UK. This diverse investment pool underscores the confidence in Platma’s potential to disrupt traditional software development.
As the no-code movement gains momentum, industry experts predict that by 2025, 70% of new applications will be built using low-code or no-code platforms. This shift is not just a trend; it’s a transformation. Traditional software development processes are often cumbersome and time-consuming. Platma’s “Extreme No-Code” approach promises to streamline these processes, making them more efficient and accessible.
The implications of this technology are profound. Small and medium-sized enterprises (SMEs) often struggle with digitalization. They represent 90% of businesses globally, yet many are bogged down by routine tasks. Platma’s platform offers a solution. By automating processes, businesses can reclaim valuable time and focus on growth. Imagine freeing up 70% of your time to innovate and expand. That’s the revolution Platma envisions.
The startup’s advisory board includes Christoph Daszkiewicz, a leading expert in the no-code field. His insights will be invaluable as Platma continues to refine its technology and expand its market reach. The funds raised will be directed towards enhancing the platform, growing the team, and exploring new markets. This strategic focus will be crucial as Platma aims to solidify its position in the competitive tech landscape.
In a world where speed and efficiency are paramount, Platma stands out. Its ability to convert natural language into functional code is akin to having a magic wand for software development. Users can articulate their needs without the barrier of technical jargon. This democratization of technology is a game-changer.
As Platma moves forward, it faces challenges typical of any startup. Competition is fierce, and the tech landscape is ever-evolving. However, with a strong foundation, a clear vision, and significant backing, Platma is poised to navigate these waters successfully.
In conclusion, Platma is not just another player in the no-code arena. It represents a paradigm shift in how software is developed and deployed. By harnessing the power of AI and natural language processing, it is making technology accessible to all. The future of software development is here, and it speaks your language. As Platma continues to grow, it will undoubtedly shape the next chapter in the story of digital transformation. The revolution is just beginning.
No-code development has already made waves. It allows users with minimal programming skills to create applications and websites swiftly. Platma takes this concept and cranks it up a notch. With the power of artificial intelligence and natural language processing, users can now build applications simply by describing their needs in plain English. Imagine asking a friend to build you a treehouse, and they do it without needing blueprints. That’s the essence of Platma’s vision.
Founded in October 2022 by a team of innovators, including Maksym Kolyada and Yaroslav Kologryvov, Platma operates from San Francisco but boasts a diverse team spread across Ukraine, Cyprus, Portugal, and Kazakhstan. This global footprint reflects the startup's ambition to make digital transformation accessible to businesses worldwide.
The company’s early success is evident. With over 10,000 registered users, Platma has already facilitated the creation of thousands of applications. Its clientele spans multiple countries, including the United Arab Emirates, Ukraine, and Slovenia. This diverse user base highlights the platform's versatility and appeal across different markets.
One of Platma’s standout projects is a social protection portal developed in collaboration with the Transcarpathia region of Western Ukraine. This initiative aids wounded soldiers and families of missing combatants by streamlining the application process for financial assistance. In a world where bureaucracy often slows down help, Platma’s solution cuts through the red tape. Users can complete applications in just 10 to 20 minutes, with decisions made within three days. This is not just software; it’s a lifeline.
The funding round was led by notable investors, including Almaz Capital and EA Group, each contributing $500,000. Other backers include a mix of venture capital firms from Kazakhstan, Azerbaijan, and the UK. This diverse investment pool underscores the confidence in Platma’s potential to disrupt traditional software development.
As the no-code movement gains momentum, industry experts predict that by 2025, 70% of new applications will be built using low-code or no-code platforms. This shift is not just a trend; it’s a transformation. Traditional software development processes are often cumbersome and time-consuming. Platma’s “Extreme No-Code” approach promises to streamline these processes, making them more efficient and accessible.
The implications of this technology are profound. Small and medium-sized enterprises (SMEs) often struggle with digitalization. They represent 90% of businesses globally, yet many are bogged down by routine tasks. Platma’s platform offers a solution. By automating processes, businesses can reclaim valuable time and focus on growth. Imagine freeing up 70% of your time to innovate and expand. That’s the revolution Platma envisions.
The startup’s advisory board includes Christoph Daszkiewicz, a leading expert in the no-code field. His insights will be invaluable as Platma continues to refine its technology and expand its market reach. The funds raised will be directed towards enhancing the platform, growing the team, and exploring new markets. This strategic focus will be crucial as Platma aims to solidify its position in the competitive tech landscape.
In a world where speed and efficiency are paramount, Platma stands out. Its ability to convert natural language into functional code is akin to having a magic wand for software development. Users can articulate their needs without the barrier of technical jargon. This democratization of technology is a game-changer.
As Platma moves forward, it faces challenges typical of any startup. Competition is fierce, and the tech landscape is ever-evolving. However, with a strong foundation, a clear vision, and significant backing, Platma is poised to navigate these waters successfully.
In conclusion, Platma is not just another player in the no-code arena. It represents a paradigm shift in how software is developed and deployed. By harnessing the power of AI and natural language processing, it is making technology accessible to all. The future of software development is here, and it speaks your language. As Platma continues to grow, it will undoubtedly shape the next chapter in the story of digital transformation. The revolution is just beginning.