“We had ended 2021 with the ARR indicator at around EUR250,000 and in early 2022 we registered a doubling amid the rising crypto market and services we launched, plus all the efforts we made. Hence, for this year we expect a twofold-fourfold increase,” stated Mihai Gheza, co-founder and CEO of Machinations.io.
The startup has recently got an A series funding of $3.3 million, with the sum set to be invested to expand the team and launch new products and services in a bid to support the fast growing number of users.
So far, Machinations.io has attracted investments of around $5 million.
(English version by Catalina Apostoiu)