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Creatio raises $200 million to further develop no-code and AI enterprise CRM solutions
VentureBeat June 26, 2024
Generative AI may be dominating the headlines, but Boston-based Creatio is making news of its own on the strength of its “no code” customer relationship management (CRM) platform and app-building tools.
Today, the 10-year-old software company announced it has raised a significant $200 million at a valuation of $1.2 billion in a round led by Sapphire Ventures with contributions from StepStone Group, Volition Capital, and Horizon Capital.
“Our sole purpose is to bring a lot of innovations to the enterprise, no-code market,” said Andie Dovgan, Chief Growth Officer at Creatio, in a videoconference interview with VentureBeat conducted ahead of the announcement.
Creatio plans to use the money in the round to continue improving its product, expand to new markets, and...
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