The Creatio project, which is developing a no-code platform to automate CRM and business processes, has attracted investments of $200 million. TechCrunch reports this.

No-code platform Creatio raised $200 million at $1.2 billion valuation
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The lead investor was Sapphire Ventures. StepStone Group and existing investors Volition Capital and Horizon Capital also participated in the round.

The valuation of the project as a result of the transaction was 1.2 billion dollars, for which the startup received the status of a “unicorn” (a private company that received a market valuation of more than 1 billion dollars – editor’s note) .

According to Cruncbase, Creatio was launched in 2014 by entrepreneur Ekaterina Kostereva. The total investment in the project is estimated at $268 million (the company closed the first round in February 2021). According to Forbes Ukraine, Kostereva was among the 100 richest Ukrainians in 2021.

Author:

Anastasia Marina

Source: RB

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