Boston-based software company Creatio has recently secured an impressive $200 million in funding to enhance its innovative no-code customer relationship management (CRM) platform and app-building tools. This significant investment, led by Sapphire Ventures and supported by StepStone Group, Volition Capital, and Horizon Capital, has positioned Creatio at a valuation of $1.2 billion.
Andie Dovgan, Chief Growth Officer at Creatio, expressed the company’s commitment to revolutionizing the enterprise no-code market with a focus on bringing continual innovation to the forefront. The funding will be utilized to further enhance the product offerings, concentrating on enterprise-level automation by expanding strategic components tailored to various industries such as financial services, healthcare, and manufacturing.
Sapphire Ventures managing director Rajeev Dham highlighted Creatio’s unique AI-powered No-Code platform, featuring a composable architecture that offers exceptional flexibility and usability for enterprise customers to swiftly build, deploy, and personalize applications across CRM, case management, and workflow automation.
Creatio’s rise in the no-code space stems from its mission to provide non-technical users with the tools to customize and automate workflows efficiently, catering to their specific roles and workstyles while aligning with organizational standards and security requirements. This approach has attracted a diverse range of clients, including renowned Fortune 500 companies like AMD and Coca Cola.
Embracing the rapid rise of generative AI, Creatio recently introduced integrations with OpenAI’s ChatGPT and launched its own AI-powered Copilot and Copilot studio, streamlining the process of building CRM apps through natural language inputs and advanced AI models.
With a decade of operational experience and a track record of embracing cutting-edge innovations, Creatio is poised for exponential growth and global expansion. The company’s commitment to evangelizing its platform worldwide underscores its vision to revolutionize the enterprise software landscape and empower organizations with transformative no-code solutions.
