In a significant leap for workflow automation, Berlin-based startup n8n has raised $60 million in Series B funding. This milestone underscores the growing demand for AI-powered solutions and the company's commitment to its unique "fair code" philosophy.
The Rise of n8n
Founded in 2019, n8n has rapidly gained traction among developers and enterprises seeking low-code and no-code automation tools. By integrating generative AI into its platform, n8n has simplified complex workflows, enabling users to create automation with natural language prompts. This innovation has led to a fivefold increase in revenue since 2022, with over 3,000 enterprise customers and 200,000 active users.
What Sets n8n Apart?
n8n's "fair code" model is a progression of open source, ensuring that developers who commercialize work built on its platform compensate the open-source community. This approach has fostered a loyal user base and a thriving contributor community, with over 70,000 stars on GitHub.
The Future of Workflow Automation
With its latest funding, led by Highland Europe and supported by Sequoia and others, n8n plans to expand its market presence, particularly in the U.S., and continue investing in AI-driven innovations. As automation becomes increasingly integral to business operations, n8n is poised to lead the charge with its ethical and innovative approach.