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Fueling the Future of Low-Code: Announcing Creatio's $68M Funding
Here at Creatio, we draw great inspiration from the solutions our customers and partners build on our low-code platform for process management and CRM – the low-code movement is empowering a new generation of citizen developers in companies of all types and sizes. This unites the people of Creatio around a single vision – to create a world, where everyone can automate business ideas in minutes.
The ability to embrace this disruptive innovation has brought us to an important decision – to accelerate the next phase of Creatio growth as we double down on our mission to help organizations transform into low-code companies.
Thanks to the loyal customers, channel partners and a dedicated team of 600 people, Creatio has been scaling organically since its founding. Today, on the heels of the rapid expansion we are raising the first-ever funding in the history of the company – a minority investment of $68 million to fuel the growth of Creatio’s low-code platform for process management and CRM.
We’ll use these funds for the ongoing development of the Creatio technologies, sales and marketing expansion, and support of our channel partners in 110 countries worldwide. The funding is a minority investment, with Creatio’s strategy, leadership team, product vision and commitment to customer success remaining unchanged.
Boston-based growth equity fund, Volition Capital, that invests into the high-growth software companies, led the funding round with participation from Horizon Capital. We are fortunate and proud to partner with these top firms as we expand our global footprint. Check out the video intro with our new investment partners.
Creatio team is fully committed to building toward the vision of creating a world, where any company can automate and change their business processes at speed and scale. There is an exciting journey ahead of us, and I look forward to the continued success together with our customers, channel partners and investors!
Katherine Kostereva, Creatio CEO and Founder