# Plasmonix

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/plasmonix

- Industry: Biotechnology
- Headquarters: Baltimore, US
- Website: www.plasmonixinc.com
- Total disclosed funding: $0.2M
- Latest round: Series A (Nov 13, 2013)
- Investors on record: 1

## About

Plasmonix specializes in advanced software development methodologies, particularly emphasizing Scrum frameworks, to facilitate agile project management and enhance client responsiveness.Founded in 2009, Plasmonix operates out of Baltimore, US, focusing on innovative software development. The company has successfully completed 5 deals, with its most recent financing round occurring on June 13, 2014, raising USD 0.310 mn. The company has shown consistent strategies in its business operations but has not publicly disclosed any significant pivots or changes. There are no mentions of parent or subsidiary structures. Details about the founder’s history are unavailable, and there is no information surrounding their previous ventures.Plasmonix specializes in innovative software development methodologies, primarily focusing on Scrum development frameworks that enable agile project management. Their core offerings revolve around creating efficient workflows through small, cross-functional teams that iteratively enhance product features over short cycles. This approach allows for rapid feedback and adjustments, effectively addressing client needs in real-time. The primary target clientele includes technology firms and organizations seeking to transition from traditional waterfall project management to more dynamic and responsive project handling. Geographically, the company serves clients not only in Japan but also aims to penetrate markets in North America and Europe, where Scrum methodologies are gaining increasing traction.The company generates revenue through direct partnerships with businesses that adopt its Scrum development frameworks. The transaction structure typically involves B2B engagements, where firms pay for tailored consulting and implementation services associated with Scrum methodologies. Pricing plans are strategically designed based on project scope and client requirements, encompassing a range of services from initial consultation to comprehensive project management training. The company’s flagship service includes comprehensive Scrum training workshops, which equip teams with the skills needed to effectively utilize this agile approach in their workflows. By fostering long-term relationships with clients, the company ensures consistent revenue through ongoing support and iterative project enhancements.In June 2014, Plasmonix raised USD 0.314 mn financing from unspecified investors. The company is currently focusing on the development of new products surrounding enhanced Scrum methodologies aimed at improving agile project management. Furthermore, Plasmonix plans to expand its market reach into North America and Europe by 2016, enhancing its footprint in regions where Scrum practices are increasingly adopted. The funding received will support these initiatives, enabling further development of their product offerings and facilitating entry into targeted new markets.

## Funding rounds

- Series A, Nov 13, 2013, $0.2M — Maryland Venture Fund

## Investors

- Maryland Venture Fund (https://capitalatlas.ai/funds/maryland-venture-fund) — Series A