PLAIO - About the company
PLAIO is a series A company based in Reykjavik (Iceland), founded in 2021. It operates as a Provider of AI-based planning solutions for the pharmaceutical industries. PLAIO has raised $7.09M in funding from investors like Frumtak Ventures, Rannis and Kvika. The company has 39 active competitors, including 9 funded and 1 that has exited. Its top competitors include companies like Apprentice, Katalyze AI and H3D.
Company Details
Provider of AI-based planning solutions for the pharmaceutical industries. The platform is offering three modules namely the demand planning module, manufacturing planning module, and purchase planning modules to support on-time production in pharmaceutical manufacturing facilities.
- Website
- www.plaio.com/
- Email ID
- *****@plaio.io
Key Metrics
Founded Year
2021
Location
Reykjavik, Iceland
Stage
Series A
Total Funding
$7.09M in 3 rounds
Latest Funding Round
Investors
Ranked
8th among 39 active competitors
Employee Count
33 as on Aug 31, 2026
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PLAIO's funding and investors
PLAIO has raised a total funding of $7.09M over 3 rounds. Its first funding round was on 2021. Its latest funding round was a Series A round on Aug 14, 2024 for $*****. 2 investors participated in its latest round. PLAIO has 4 institutional investors.
Here is the list of recent funding rounds of PLAIO:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 14, 2024 | 3707518 | Series A | 7653110 | 6935157 | 9571962 | 9127757 |
2023 | 6191 | Seed | 6747 | 2691 | 8941 | 7100 |
2021 | 7246 | Seed | 3192 | 2249 | 3378 | 7740 |
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PLAIO's founders and board of directors
Founder? Claim ProfilePLAIO's employee count trend
PLAIO has 33 employees as of Aug 26. Here is PLAIO's employee count trend over the years:
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PLAIO's Competitors and alternates
Top competitors of PLAIO include Apprentice, Katalyze AI and H3D. Here is the list of Top 10 competitors of PLAIO, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Apprentice 2003, Boston (United States), Series C | AI-based manufacturing processing and management tool for pharmaceutical industry | $247M | 58/100 | |
2nd |  Katalyze AI 2023, Mountain View (United States), Seed | Provider of a cloud-based biopharmaceutical manufacturing software | $10.5M | 56/100 | |
3rd | Provider of software to manufacturers and labs custom-fit businesses | $6.8M | 53/100 | ||
4th |  Leucine 2019, Jersey City (United States), Series A | Developer of AI-powered software for pharmaceutical manufacturing, quality, and laboratory | $7.67M | 51/100 | |
5th |  Helical 2023, Luxembourg (Luxembourg), Seed | Open-source platform for researchers to accelerate drug development | $2.35M | 47/100 | |
6th |  Aizon 2014, San Francisco (United States), Series C | Provider of AI-based software for manufacturing operations | $44.7M | 45/100 | |
7th | Seal 2019, London (United Kingdom), Seed | AI-powered platform that automates the workflow in pharma companies and research labs | $375K | 43/100 | |
8th | Provider of AI-based planning solutions for the pharmaceutical industries | $7.09M | 40/100 | ||
9th |  Cellcraft 2020, Cambridge (United Kingdom), Unfunded | Developer of artificial intelligence software for automating industrial bioreactor systems | - | - | 37/100 |
10th | Developer of artificial intelligence software for pharmaceutical manufacturing process optimization | $8.4M | 30/100 |
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PLAIO's Investments and acquisitions
PLAIO has made no investments or acquisitions yet.
Reports related to PLAIO
Here is the latest report on PLAIO's sector:
News related to PLAIO
•
Iceland's PLAIO raises €4.3M for AI-driven pharma supply chain solutionsTech.eu•Aug 14, 2024•PLAIO, Kvika, Frumtak Ventures,
•
Iceland’s PLAIO secures €4.3M to expand its AI pharma planning platformSilicon Canals•Aug 14, 2024•PLAIO, Kvika, Frumtak Ventures
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