MOST Ventures backs BITO at $10M valuation in new bridge round
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MOST Ventures has invested in BITO during a bridge round valuing the startup at $10 million. The deal included three parties and a partial exit by early investor and accelerator Startup Garage. Over the past eight months, BITO’s revenue has tripled, supported by $300,000 raised from local venture funds. The company now serves over 2,000 B2B clients using its platform to streamline business operations and improve SME efficiency.
BITO offers a unified digital ecosystem that integrates ERP, FinTech and AI solutions into one business operating system. The platform covers sales, finance, inventory, HR, payments, installments and analytics, helping companies make data-driven decisions.
For MOST Ventures, the investment aligns with its strategy to support tech companies with proven business models and regional growth potential. According to managing partner Alim Khamitov, BITO stands out for its revenue growth, scalability and relevance to the SME market. This deal marks MOST Ventures’ first investment in an Uzbek startup. After closing the round, BITO plans to scale further in Kazakhstan and Uzbekistan, expanding its customer base and product ecosystem.