# Pliant.io

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/pliant-io

- Industry: Software
- Headquarters: Boston, US
- Website: www.pliant.io
- Total disclosed funding: $10M
- Latest round: Series A (Apr 30, 2021)
- Investors on record: 8

## About

Pliant.io, Inc. is a technology company focused on delivering innovative solutions for IT and network infrastructure automation, enhancing operational efficiency for organizations across various sectors.Founded in 2017 and headquartered in Boston, US, Pliant.io provides automation solutions for IT and operational teams. The company has completed 4 funding deals, with its latest funding round being a Series A amounting to USD 10.00 mn, led by Osage Venture Partners. Notably, CEO Philippe Vincent and Vess Bakalov drive the company's vision forward.Pliant.io's flagship product, IBM Rapid Infrastructure Automation, streamlines IT and network infrastructure automation through a low-code interface. This platform enables organizations to create automation workflows seamlessly, integrating with existing tools and promoting self-service infrastructure delivery. The product is utilized globally across sectors for tasks such as issue resolution, system configuration, and performance monitoring, with particular traction in North America, Europe, and Asia-Pacific.Revenue is generated primarily through subscription models, allowing clients to access the IBM Rapid Infrastructure Automation platform. Organizations purchase licenses reflective of their automation needs, supported by a centralized management system that enhances governance and security. This structure fosters a recurring revenue stream, providing long-term value for clients.Pliant.io plans to utilize its recent Series A funding of USD 10.00 mn to expand its product offerings and market reach. The company is developing new features to enhance its automation platform and aims to penetrate additional markets in Europe and Asia by the end of 2024. Recent strategic moves include Newfund Management's exit from their stake in Pliant.io, signaling a potential shift in investor dynamics.

## Funding rounds

- Series A, Apr 30, 2021, $10M — Azure Capital Partners, Newfund, Leading Edge Ventures, New Stack Ventures, VT Technology Ventures, Osage Venture Partners, BrightCap Ventures, Gutbrain Ventures

## Investors

- Azure Capital Partners (https://capitalatlas.ai/funds/azure-capital-partners) — Series A
- Newfund (https://capitalatlas.ai/funds/newfund) — Series A
- Leading Edge Ventures (https://capitalatlas.ai/funds/leading-edge-ventures) — Series A
- New Stack Ventures (https://capitalatlas.ai/funds/new-stack-ventures) — Series A
- VT Technology Ventures (https://capitalatlas.ai/funds/vt-technology-ventures) — Series A
- Osage Venture Partners (https://capitalatlas.ai/funds/osage-venture-partners) — Series A
- BrightCap Ventures (https://capitalatlas.ai/funds/brightcap-ventures) — Series A
- Gutbrain Ventures (https://capitalatlas.ai/funds/gutbrain-ventures) — Series A