Creatio, a top vendor of a no-code platform for automating CRM and enterprise workflows, has raised $200 million in capital at a valuation of $1.2 billion. The investment round, spearheaded by Sapphire Ventures, underscores Creatio’s growth and innovation in CRM and workflow automation through its no-code platform.
Investment Details and Strategic Partnerships
The investment round also saw participation from StepStone Group, Volition Capital, and Horizon Capital. This minority investment is aimed at fueling Creatio’s global expansion while maintaining its disruptive strategy, product vision, and commitment to customer success.
Consistent Growth and Innovation
Creatio has consistently delivered 50% revenue growth year over year, expanding its customer base and partner network worldwide. This success is attributed to the platform’s ongoing innovations, such as composable architecture and Gen AI-powered Copilot, providing clients with rapid time-to-value and cutting-edge technology.
CEO Perspective and Strategic Direction
Katherine Kostereva, CEO of Creatio, emphasized the company’s mission to combine no-code and AI to deliver exceptional value to clients. The investment will further support Creatio’s disruptive approach in the enterprise software landscape, enabling clients to leverage technology as a competitive advantage.
Recognitions and Industry Position
Creatio has been recognized as a leader and strong performer in Low-Code/No-Code and CRM reports by Gartner and Forrester. Its no-code platform was positioned as a leader in The Forrester Wave™ report for Citizen Developers. The platform serves major organizations like Colgate Palmolive, AMD, and MetLife Group.
Future Plans and Strategic Directions
Creatio plans to focus on driving innovations in no-code and AI, expanding its partner channel globally, and growing its team across key areas. With a partner-centric strategy and commitment to Genuine Care, Creatio aims to deliver personalized solutions and strengthen relationships with customers and partners.
Overall, Creatio’s recent funding round and strategic directions position the company as a leader in the enterprise no-code market, poised for continued growth and innovation.
