Kazakhstani B2B platform for business automation Apicore.one received $200,000 in investments

The Apicore.one platform, created to automate interactions between distributors, dealers, and online stores, announced the raising of $200,000 at a valuation of $2 million from Bayzhan Kanafin, CEO of Documentolog.

The Apicore.kz project launched in pilot mode in March 2024. Initially, the platform was aimed at addressing a key pain point in the automation of the B2B market: the labor-intensive nature of integrations between suppliers and their resellers.

Bayzhan Kanafin, CEO of Documentolog, for whom the investment in Apicore.one became his first venture investment, noted that the project interested him for several reasons.

The raised investments will be directed toward expanding the team, accelerating the development of new features, and entering neighboring markets in Central Asia. Apicore.one has already registered a legal entity in Uzbekistan, Apicore.uz, and is preparing to launch in Kyrgyzstan, Apicore.kg, in 2025.

As of today, the platform is used by 19 distributors and 150 dealers. By the end of 2025, Apicore.one plans to connect up to 50 distributors and increase the number of dealers to 1,000.