Today we are announcing our first-ever funding — a minority investment of $68 million to fuel the growth of Creatio leading low-code platform for process management and CRM.
This investment comes on the heels of the rapid Creatio expansion and scaling. Since day one, we have been growing organically without external capital. Today, Creatio will use the funds to build aggressively on the momentum and further accelerate the growth, investing into R&D, global marketing and sales expansion, and the vast network of channel partners in 110 countries.
The round is led by Volition Capital, a US-based growth equity firm investing in high growth companies, with participation from Horizon Capital, a private equity firm investing in Europe. The funding is a minority investment to fuel the company’s growth, with Creatio’s strategy, leadership team, product vision and commitment to customer success remaining unchanged.
We believe now is a critical time for digital and IT leaders to leverage technologies and transform their organizations into low-code companies. This investment will allow us to keep building toward the vision of creating the new world, where any company can automate and change their business processes at speed and scale.
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