Developer’s tools are changing rapidly with him. So companies that are making it easier to adopt in their workflows are seeing a attention. After a startup named N8N (pronounced “Enay-Tine”) shared her workflow automation platform to become more friendly with him in 2022, she said she saw her income grow 5x, doubled in the last two months.
Now in the back of this increase, Techcrunch has confirmed that N8N has raised € 55m ($ 60 million) in funding for a source of rating near the company that is in the region of € 250m ($ 270 million).
Berlin -based N8N said there are now more than 3,000 enterprise clients and about 200,000 active users in its books. Starting will be using this B series to continue investing in technology and expanding in newer markets such as SH.BA, home for more than half the N8N user base. The company does not detect revenue, and that customer number includes free and payer users, as well as those receiving short and long -term subscriptions.
Highland Europe is leading this last round, with HV Capital and previous supporters Sequoia, Felicis and Harpoon also participate. Sequoia led the seed round for N8N in 2020; Series A Felicis in 2021.
The beginning, founded in 2019, chose withdrawal in its early years from teams of developers who were looking for low -code automation solutions to make it easier to sew applications together in ways without much coding.
It received attention for another reason, too: N8N had built a reputation by closely connecting to the concept of “Right Code”.
The right code is an open source progress. Software developers use free source code for free, but when they want to commercialize the work built on its head, it creates principles for compensation of creators or open sources. Jan Oberhauser, the founder and CEO of N8N, came up with the idea and runs a site dedicated to the right code.
But while N8N herself is built on a fair code and relies on the open -source community to grow orally – it has more than 70,000 “stars” in Gitchub – the company says she was intertwining the one who became her rocket ship.
He, and in particular the generator, is a clear supplement to automation – something that close competitors like Tines and Workato have also embraced, as well as others in the wider world of automation like Uipath.
If automation and lower code approaches have deleted some of the busy withdrawal work together how different applications or services worked together, the generating one brings even less technician to the mix.
A year and a half ago, Oberhauser said, “We can see this one that was coming to us.” He quickly assumed that the sweet place would be to work on its products, begin to reduce the amount of work it took for developers to implement automations by returning the instructions into natural language.
“It’s fast to build the workflow,” is how Oberhauser describes it. “People really don’t need to write 50 lines of codes to integrate the functionality of, say, sending an email.” Now in natural languages, you can write “Get information from x and send it to y,” he said. “We see the value in making the changes in that easier.”
The product is built with a mix of LLM in mind, and the idea is that if the end users are already building services using one LLM or another, it can be exchanged to work with the N8N platform. And as a number of other developer -focused platforms, N8N has a very broad contributing community that are active on platforms such as Github, are included in forums to help other developers with their questions, and build and use workflow templates built by others. (N8N also pre-built a number of workflow models.)
Even with all the hype and hope of artificial intelligence and Genai these days, the N8N -empowered version took a while to climb, with practically no taking at all. Then last year, there was an unexpected point.
Why? Probably the weight of some tendencies that come together. There was the explosion of fraud about it in coding, with companies like swimming pools, codeium and magic all raising big money within a few months from one another. And then within the last users themselves, the call to understand how to use it also became stronger.
But there are many hypes and conversations there, and so ultimately the ease of use and usefulness of N8N seems to have stamped the agreement with the users and investors.
“Everyone is trying to use him, but they are trying to find cases of practical use,” David Blyghton, General partner in Highland, told me who led the direction, told me a call. “The design, scale and lap of N8N is what allows people to adopt it.”
Oberhauser admits that although “it took a while for the market to catch”, now he says about 75% of all N8N customers are using the tools they have built.
