Confronting the Co-Founder of PROCESIO: A Tool That Can Be Used By Anyone
In this episode, I am joined by Darzan Mihai, the Co-Founder of PROCESIO.
Mihai was born and raised in Romania and has 11+ years of experience in software engineering and SMB management, focusing on growing high-performing teams in the B2B software industry.
Mihai and his co-founder bootstrapped PROCESIO — from their company Ringhel — which provides ERP & CRM software for power & gas companies on the Romanian market since 2011. Having identified a need to develop integrations and automation faster using pre-built components for their own clients, they decided to take it a step further and create an enterprise-grade platform that any company or individual with zero to advanced programming skills could use.
In the Summer of 2020, PROCESIO raised their first seed funding round which allowed them to build the MVP. In Spring 2021, they raised a bridge funding round and launched the platform in private beta mode. Then in August 2021, PROCESIO was launched publicly, and their team has grown to 16 members.
Aside from PROCESIO, Mihai is involved with a ton of other startups and angel investments. In 2019 Mihai joined Sparking Capital as LP and Board Member, as well as, TechAngels Romania and Angels Den Funding. Since 2020, he's also been a Partner at Smart Impact Capital.
PROCESIO standardizes how you create, monitor and maintain processes across applications. Technical and business teams can build integrations collaboratively without having to code applications from scratch.In July 2020, PROCESIO set out to raise a $400,000 round to fund their vision for their No-Code Platform-as-a-Service for non-technical people, empowering companies to adjust faster to market changes, with lower costs, using existing business personnel.
PROCESIO successfully raised over $500,000 from 74 investors — far exceeding their goal.
Enjoy this great conversation I had with Darzan Mihai! :)
"We envision our technology to be a core productivity tool used by any company or individual, the default choice to build software integrations and automation."
Highlights:
[02:33] The story behind Darzan's success and how he's invested in his journey
[08:56] The core characteristics of an entrepreneur
[10:20] Time management tips in investing and scaling businesses
[11:45] Why is entrepreneurship considered sexy?
[14:54] The story of PROCESIO
[20:37] Things you should know about PROCESIO and how it can help you
[25:08] How does PROCESIO differ from other tools out there?
[33:00] What about security?
[33:57] The Macro vision
[40:44] Transitioning from organic growth to blitzscaling
[43:07] Why do people praise bootstrapped founders?
[49:18] Investments and Mentors: An effective way to build your company
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