Fundraising Fox

Plato AI

Founded 2023 · 44 employees on LinkedIn · 4 known investors

Plato develops AI-powered software for wholesale (B2B) distributors, aimed at supporting their sales and purchasing operations. The platform is built with leading companies to be adaptable and scalable for wholesalers' needs.

Also known as DM Technologies GmbH · Plato

Founders & leadership

Plato AI was founded in 2023 by Matthias Heinrich and Oliver Birch.

MH
Matthias HeinrichGeschäftsführer Produktentwicklung (Managing Director, Product Development)
OB
Oliver BirchGeschäftsführer Softwareentwicklung (Managing Director, Software Development)

Investors · 4

Also in the syndicate · 1

Discovery Ventures

Company profile

researched Aug 2026

Plato (operated by DM Technologies GmbH, Berlin) develops AI-native software for wholesale distributors, positioned as a sales intelligence add-on that connects to a distributor's existing ERP system and adds an AI analysis and automation layer rather than a standalone dashboard. The platform structures historical transaction and master data held in legacy ERP systems and turns it into proactive workflows: churn alerts for declining or lapsed accounts, up- and cross-selling recommendations, next-best-action suggestions, automated quote and order creation, generative-AI email sequences, chat-based search of customer and product data, and data cleaning and enrichment from external sources.

Secondary modules cover mobile/cloud access to ERP functions for field sales, shared inside/field sales collaboration with note and task functions, and a digital product catalogue with product images and error-tolerant search intended to help new employees navigate large assortments. The company states it works with common ERP systems in the DACH distribution sector, integrates via a high-security VPN with minimal data access, hosts data on ISO/IEC 27001-certified servers in Germany, and maintains a product privacy policy plus AI and cyber insurance. Plato positions itself as building an "AI operating system" for distribution, with planned expansion of the product into customer service and procurement.

The company is led by co-founders Benedikt Nolte (CEO, business development and financing; previously McKinsey, Cherry Ventures), Matthias Heinrich Morales (CPO; previously Rocket Internet and Roland Berger) and Oliver Birch (CTO; serial founder, computer science at Cambridge, previously investor at Octopus Ventures), supported by a team covering data/AI, backend, frontend, design and ERP integration, and an advisory/angel group drawn from Microsoft, NVIDIA, Workday, Personio, Celonis, Forto, sennder, Xentral, Procuros and scireum, among others.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Claimed customer ROIJan 20268x
Claimed revenue increase from AI recommendationsJan 202615%
Claimed time savings per employee per weekJan 20263-8 hours
HeadcountAug 202644
Software marginFeb 202690%

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Timeline · 1

launches, deals, and filings
Feb 2026
Plato closes $14.5M seed round led by Atomico

Plato announced a $14.5 million seed round led by Atomico with participation from Cherry Ventures, Discovery Ventures and D11Z, the investment arm of Lidl founder Dieter Schwarz. Proceeds are earmarked for expanding the platform into customer service and procurement and for international expansion across additional European markets and subsequently the United States. Atomico partner Andreas Helbig cited the quality of the founding team.

$14.5M source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Plato AI do?
Berlin-based Plato builds AI software that layers sales intelligence and ERP workflow automation onto wholesale distributors' systems.
Who founded Plato AI?
Plato AI was founded by Matthias Heinrich, Oliver Birch in 2023.
Who are Plato AI's investors?
Plato AI's investors include Cherry Ventures, D11Z, Atomico.