It’s always nice to see startups getting the capital they need to grow their businesses. It’s even better when those are local startups garnering investment from local investors. Like Platformr, a Bend startup that just raised $2.5 million. Oregon Venture Fund led the round with participation from Cascade Seed Fund.
Platformr’s prescriptive platform simplifies and accelerates the path to AWS in less than an hour, empowering organizations to deliver scalable, reliable products and features to the market faster. Purpose-built for AWS, the solution is designed for companies who are ready to migrate to AWS but facing time to market pressure, cloud governance challenges, scalability issues, unknown security risks, and regulatory compliance requirements.
“We put significant emphasis on founders when evaluating potential early stage investments,” said Robert Pease, Managing Director of Cascade Seed Fund. “The talent on the team at Platformr is world-class and uniquely understands the challenges and opportunities of migrating and modernizing on AWS.”
OVF’s Jon Maroney also shared some thoughts on the investment:
OVF’s decision to lead Platformr’s $2.5 million pre-seed round was driven by several key factors. First, the founding team’s extensive experience in the field, coupled with their deep customer relationships, demonstrated a clear understanding of the market’s needs. Second, Platformr’s focus on simplifying AWS deployments aligns with the growing demand for accessible and efficient cloud solutions.
One of the most intriguing aspects of Platformr’s business model is its strategic partnership with AWS. While AWS excels at providing powerful tools, it often relies on third-party service providers to help customers optimize their installations. Platformr’s platform empowers these service providers, allowing them to deliver more value to their clients and accelerate their time-to-market.
For more information on the raise, read the Platformr press release. For more on what inspired OVF to cut a check, read “Why We Invested: Platformr.”
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