MCI Capital Says AI Generated 100 Million Zloty for Portfolio Companies

Polish private equity fund MCI Capital has disclosed concrete figures behind the artificial intelligence deployments across its portfolio companies: 100 million zloty in revenue generated thanks to AI, and a 10-15 percent share of the fund's record portfolio-wide EBITDA. It's one of the first cases in Poland where an investor has published hard financial data on returns from AI adoption, rather than simply issuing statements about the technology's strategic importance.

Behind the announcement is Tomasz Czechowicz, founder and chief investment officer of MCI Capital, one of the largest private equity funds in the Central and Eastern Europe region. The fund has invested in technology companies for years, and now says it has reached a point where AI stops being an experiment and becomes measurable business value across more than a dozen portfolio companies at once.

Which companies are profiting from AI

The furthest along in AI transformation is the travel platform eSky, which Czechowicz describes as an "AI-first" company. According to the fund, as much as 70 percent of its processes already run on artificial intelligence, including a customer-facing assistant named Maja. Another portfolio company, Welyo, runs a contact center built on AI assistants, which the fund says cuts customer service costs for its clients by as much as tenfold.

Other companies named include Webcon, which automates office processes using AI; Profitroom, which is strengthening its booking system for hotels; Netrisk, an online insurance seller integrated with ChatGPT; and IAI, an e-commerce platform provider that MCI describes as two years ahead of its competitors technologically.

Eight areas of deployment

MCI Capital identifies eight areas where portfolio companies are deploying AI: software development, customer service, marketing, sales, internal process automation, employee use of AI tools, board-level leadership, and the strategic layer tied to product evolution. On employee adoption, the fund says its target is for 70-80 percent of staff to use AI tools on a daily basis.

Artificial intelligence is becoming the new operating system of the enterprise - Tomasz Czechowicz, founder and chief investment officer of MCI Capital

Companies that don't go through this transformation will still be able to function, but their ability to build above-average value and competitive advantage will steadily decline - Tomasz Czechowicz, MCI Capital

Regional ambitions

Czechowicz compares the current wave of AI adoption to the internet revolution of two decades ago, but says it is faster and more fundamental to business models. In his view, Poland has a chance to become the "South Korea of Europe" in technology, meaning that for the first time it could not just imitate solutions from the West but build its own competitive edge based on AI.

The fund says it has one billion zloty in cash earmarked for further investments, which, given the current pace of growth in AI's contribution to portfolio results, suggests that future funding rounds for technology companies in the region may become increasingly tied to their ability to embed artificial intelligence into real operational processes.

Impact on Poland's market

For Polish entrepreneurs, MCI Capital's announcement is one of the few domestic examples where an investor links specific AI deployments to a quantifiable increase in revenue and EBITDA, rather than just strategic statements. It could serve as a reference point for other funds and companies trying to work out how to measure returns on investment in AI tools, which, as earlier industry reports have shown, remains a challenge for many companies in Poland and worldwide.

The fund did not disclose the detailed methodology behind the 100 million zloty in revenue attributed to AI, nor the exact period the figure covers, which makes it difficult to fully verify the scale of the effect separate from the portfolio companies' overall revenue growth. For now, these claims remain one-sided figures reported by the fund itself.