Creatio, provider of a low-code CRM and process management platform, has snared $68 million in new capital.
The funding round was led by Volition Capital, with participation from Horizon Capital, a firm that invests in European companies.
Creatio, which now has 600 employees worldwide, will use the minority investment to build its team and pursue its product and growth strategy.
The company seeks to help firms “automate business ideas in minutes,” states Katherine Kostereva, CEO and co-founder of Creatio.
Kostereva adds: “Now is a critical time for digital and IT leaders to leverage tech and transform their organizations into low-code companies.
The global low-code development platform market is expected to reach $187 billion by 2030, the company says.