Palats
Financials
Estimates*
USD | 2022 | 2023 |
---|---|---|
Revenues | <1m | <1m |
% growth | - | 83 % |
Date | Investors | Amount | Round |
---|---|---|---|
* | SEK4.4m | Seed | |
* | SEK13.0m | Seed | |
Total Funding | AUD3.3m |
Related Content
Recent News about Palats
EditPalats.app is a startup that provides a digital solution for inventory management of office furniture and building materials, with a focus on promoting reuse and sustainability. The company operates in the office and construction industries, serving a diverse clientele that includes architects, employees, and organizations such as Volvo and Cytiva.
The business model of Palats revolves around offering an AI-powered tool that simplifies the process of taking inventory, planning, and executing interior design and relocation projects. The tool is designed to be user-friendly and efficient, enabling clients to complete their projects 20-50% faster.
Palats' unique selling proposition is its emphasis on sustainability and cost savings. By facilitating the reuse of materials, the company helps clients reduce waste and carbon emissions, contributing to a greener future. This approach also translates into financial savings, as demonstrated by the reuse of materials worth 300,000 SEK and the saving of 3,500 kg of CO2e within a few weeks.
The company generates revenue by offering its inventory management tool to organizations and consultants. It also provides services for stocktaking and coordination during office moves or renovations.
Keywords: Inventory Management, Office Furniture, Building Materials, Reuse, Sustainability, AI-Powered Tool, Cost Savings, Carbon Emissions Reduction, Stocktaking, Coordination.