Warsaw-based Epinote has closed a €1.4 million pre-seed round as it plans to develop its platform which offers a ‘plug and play’ workforce to handle repetitive tasks like data entry and CRM management.
The round was led by by Movens Capital, Kogito Ventures and Next Road Ventures. Corvus Ventures were also on board with angel investors including founders of DocPlanner and Packhelp.
“For a long time we have been looking for a platform that, on the one hand, responds to the new challenges that companies around the world are facing, for example, with the development of AI, and on the other hand, addresses the changes in the approach to work," says Artur Banach, Partner at Movens Capital. "In our opinion, Epinote perfectly combines these two perspectives, while the quality of the team and the very rapid growth in sales confirm that the company can become a leader in its category."
Founded by Mateusz Wikło and Kacper Raszkiewicz, Epinote deploys its workforce and technology in to companies to manage tasks which can not ordinarily be automated - arduous repetitive time consuming tasks. With its mix of human hands and technology Epinote project manages jobs like data annotation and enrichment for analytics and AI development, lead generation and validation, CRM management, customer acquisition, market research, analysis and monitoring, as well as support for internal processes, including document management.
"With the falling valuations, shift towards profitability, and lack of skilled employees, companies struggle with filling tasks that are necessary, but mundane and repetitive. Traditional solutions, like hiring a classic BPO or a pack of summer interns, seem expensive and ineffective," explains Mateusz Wikło, CEO and co-founder of Epinote.
"On the other hand, AI is still just a tool that requires human oversight. Epinote offers the best of both worlds. We use software to increase our productivity and provide an easily deployable team of associates, who can actually help and bring value and we have already proven this model works. With the support of our investors we can offer even higher efficiency and serve even more companies across the globe," he says.
Epinote has over 50 clients from three continents, including BCG, Brainly, InPost Fresh, and Packhelp.
“Epinote is the perfect extension of an in-house team. In a matter of days you can deploy a complicated data collection project that would usually take weeks," says Wojtek Sadowski, CEO and co-founder of Packhelp and an investor in Epinote. "We’ve been using their offering at Packhelp from the very start and I’m impressed how many use cases there are. I believe Epinote will help many companies in becoming an effective, data-driven organisation”,
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