• The Polish startup Epinote raised €1.4 million in a pre-seed round led by Movens Capital, Kogito Ventures, Next Road Ventures, with the participation of Corvus Ventures and business angels.
• Epinote’s solution offers a plug & play workforce that supports mundane and repetitive tasks that cannot be automated, previously performed by in-house employees.
• The funding will be used to develop the digital platform to further improve workforce efficiency and automated task ordering and project management system.
The Polish startup helps companies improve their internal operations and save time on essential tasks, by providing a plug & play workforce that can be deployed directly into company workflows. The solution is based on process engineering that ensures efficiency and quality, as well as technology for monitoring, automating and integrating projects with customer software.
Tasks that Epinote already performs for its clients include data annotation and enrichment for AI analysis and development, lead generation and validation, CRM management, customer acquisition, market research, analysis and monitoring, as well as support for internal processes, including document management.
“What we see as the solution to improving work productivity is a perfect blend of AI, automation and human input. This is what we are building at Epinote. It’s about process engineering, automated solutions, and a flexible workforce deployed exactly when needed. All managed from our tailor-made platform to design workflows, assign workers and integrate automated solutions, while measuring the quality of the outcome,” said the company’s CEO and co-founder, Mateusz Wiklo, at The Recursive.
Cooperation instead of complete automation
According to Wiklo, AI and automation are not here to replace humans, but to improve their capabilities.
“We have observed the qualitative progress of generative AI and it is simply impressive. But he still lacks critical thinking and decision-making skills. This is the domain of humans. And AI development still requires the annotation and enrichment of data, provided by humans,” he adds.
Additionally, at the same time, companies are spending too much money on SaaS tools, which are not tailored to their specific needs and require regular human monitoring, the company says.
Wiklo and the company’s other co-founder, Kacper Raszkiewicz, have diverse experience in technology products and services as well as consulting, and have had first-hand experience with work efficiency change and major challenges related to hiring and deploying a modern workforce at scale.
“This is the biggest problem driving a shrinking workforce, and we’re solving it with technology. We already use our platform to automatically deploy workforce, smooth the flow of information, and deliver results to our customers in a format they love or directly on a platform they use. The next step is the platform for customers, an automated task ordering and project management system, to save time for them and us,” says Wiklo, explaining how the company will use its latest funding.
The company also aims to deploy financing to create robust and diverse customer acquisition channels. For investors, Epinote’s platform both addresses new challenges such as the development of AI and also addresses changes in the approach to work.
“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,” concludes Artur Banach, partner at Movens Capital.