IT company Creatio becomes the sixth unicorn from Ukraine as the company raises another $200M.

Thursday, June 27, 2024
IT company Creatio becomes the sixth unicorn from Ukraine as the company raises another $200M.

The Creatio company, which develops no-code platforms for automating business processes and CRM systems, raised $200 million at a valuation of $1.2B. This made Creatio the sixth Ukrainian unicorn after GitLab, People.ai, Grammarly, Unstoppable Domains and airSlate.

The funding round included an initial investment and a secondary sale, with lead investors Sapphire Ventures and StepStone Group, as well as participation from Volition Capital. These funds are planned for the active development of global expansion.

With its head office in Boston, the company is directly present in 25 countries and has a significant R&D center in Kyiv. Creatio plans to focus on three key areas: the development of no-code technologies and AI to improve user productivity, the expansion of its partner network in 100 countries, and the team’s growth in all essential areas, such as R&D, support, marketing, and sales.

 

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