Creatio has raised $200 million in a new funding round for its no-code platform.
Creatio, a no-code development platform, announced a $200 million funding and hit a $1.2 billion valuation. Sapphire Ventures led the round, with participation from StepStone Group and current investors Volition Capital and Horizon Capital.
Katherine Kostereva, CEO of Creatio shared: “Together with our channel partners, Creatio is on a mission to deliver an unprecedented time-to-value to our clients through the powerful combination of no-code and AI. With this investment, we will continue to disrupt the traditional enterprise software approach, helping our clients to accelerate time-to-value and use technology as a competitive differentiation in their business.”
Rajeev Dham, Managing Director at Sapphire Ventures said: “We are thrilled to partner with CEO Katherine Kostereva and the entire Creatio team. Creatio’s true AI-powered no-code platform – built on a unique, composable architecture – offers exceptional flexibility and usability that empowers enterprise customers to swiftly build, deploy, and personalize applications for a variety of use cases across CRM, case management, and workflow automation. The power and agility of the platform combined
with the team’s relentless dedication have allowed them to deliver remarkable ROI and time to value for their customers.”
Creatio plans to continue pushing innovations in no-code and AI, expanding its global partner network and nurturing growth within its One Team initiative.
About Creatio:
Creatio is a no-code platform to automate CRM and enterprise workflows with a maximum degree of freedom. It provides a no-code platform, CRM applications, industry workflows for 20 verticals, and marketplace add-ons. The company helps customers digitize workflows, enhance customer and employee experiences, and boost the efficiency of commercial and operational teams. Creatio serves industry giants such as AMD, MetLife, OKI, and Saudi Telecom Company.
(Source & Image Credit: Creatio)
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