# Buddy Platform

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/buddy-platform

- Industry: Internet
- Headquarters: Seattle, US
- Website: www.buddy.com
- Total disclosed funding: $3.7M
- Latest round: Series A (Oct 18, 2013)
- Investors on record: 3

## About

Buddy Platform, Inc. focuses on delivering cloud-based solutions for data management and analytics, enabling businesses to efficiently harness their IoT and big data assets for strategic insights and operational improvements.Buddy Platform, Inc. is a technology company established in 2011 in Seattle, US, specializing in cloud-based data management solutions. The company was founded by David Mclauchlan, who has a background in technology entrepreneurship. In 2015, Buddy Platform underwent a significant change when Potash Minerals acquired it, resulting in Buddy becoming a public entity. The company has successfully completed 8 investment deals, with its most recent funding round being a PIPE in December 2015, where it raised AUD 23.000 mn, matching the total amount raised to date.Buddy Platform, Inc. specializes in cloud-based solutions that facilitate data management and analytics. Their offerings empower businesses to optimize their Internet of Things (IoT) applications and big data analytics. Services include real-time data processing, analytics, and application integration, aimed at assisting businesses in enhancing their operational efficiency and deriving actionable insights from their data. The company serves clients across various sectors, positioning itself predominantly in North America, Europe, and Asia.Buddy Platform, Inc. generates revenue primarily through software-as-a-service (SaaS) subscriptions, which are structured around ongoing service fees paid by clients for access to their data management and analytics solutions. The firm may also earn revenue through consultancy services and project-based pricing, tailored to meet specific client needs, contributing to their overall financial performance.Looking ahead, Buddy Platform, Inc. plans to launch new features aimed at enhancing data integration capabilities and expanding its service offerings to new industry sectors. The company aims to enter emerging markets in Asia and Europe by the end of 2025, focusing on businesses seeking advanced data management solutions. The recent PIPE funding of AUD 23.000 mn will be utilized to support product development and market expansion initiatives, ensuring the company remains competitive in the evolving technology landscape.

## Funding rounds

- Series A, Oct 18, 2013, $2M — Transmedia Capital, AF Square
- Seed, Sep 20, 2013, $0.7M — Transmedia Capital, AF Square
- Seed, May 30, 2012, $1M — Transmedia Capital, Crestlight

## Investors

- Transmedia Capital (https://capitalatlas.ai/funds/transmedia-capital) — Seed, Series A
- Crestlight (https://capitalatlas.ai/funds/crestlight) — Seed
- AF Square — Seed, Series A