n8n, a Berlin-based workflow automation platform, recently secured €55M in a Series B funding round, spearheaded by Highland Europe alongside HV Capital and previous investors including Sequoia and Felicis. This influx of funding highlights Highland Europe’s commitment to investing in top-tier growth-stage technology and consumer companies.
David Blyghton, General Partner at Highland Europe, praised n8n for its remarkable team and rapidly expanding community, stating that they are reshaping automation with enhanced AI integrations, ensuring practical business applications across various sectors.
In its impressive growth trajectory, n8n has now surpassed 230,000 active users, experiencing a fivefold increase in annual recurring revenue within the past year. The new funding will propel product development and enhance business workflow tools while bolstering their engineering, product, and sales teams.
Moreover, n8n plans to open new offices in New York and London this year, aiming to better serve its expanding enterprise clientele. This investment will facilitate broader enterprise reach and strengthen an already vibrant community, which ranks among GitHub’s top 150 projects.
Founded in 2019 by Jan Oberhauser, n8n boasts integration of AI capabilities with business process automation, offering technical teams a blend of coding freedom and rapid no-code solutions. Oberhauser emphasized the importance of transparency and customisation in automation, asserting that n8n transforms individuals and businesses into empowered developers—crucial in today’s AI-driven landscape.
Supporting workflows for over 3,000 organisations, n8n provides users with the ability to integrate large language models with custom code and maintain human oversight, ensuring control over automation and AI systems. Embraced as the “Swiss Army Knife” of automation, n8n is a trusted solution for government agencies and enterprises worldwide, with over 400 integrations imbued with fair-code principles, revolutionising business connectivity and processes.
Berlin’s n8n secured €55M in Series B funding, led by Highland Europe. With over 230,000 active users and a 5x growth in ARR, the funds will enhance product development, expand teams, and open offices in New York and London. Founded in 2019, n8n integrates AI with automation, serving over 3,000 organisations and providing transparency and control in workflows.
In summary, n8n’s recent funding achievement reflects its rapid growth and innovative advances in workflow automation technology. With this investment, the company is well-positioned to enhance its product offerings, expand its teams, and solidify its status as a leading provider of AI-powered automation solutions. n8n’s commitment to transparency and adaptability continues to attract a diverse user base, facilitating greater control in effective automation practices.
Original Source: siliconcanals.com
