Creatio Valuation, Funding & Investors

Creatio is valued at $1.2B as of June 2024.

Last Creatio valuation

$1.2B

Undisclosed stage · Jun 2024

Last Creatio funding round

$200M

Undisclosed stage · Jun 2024

Cumulative funding Creatio raised

$268M

across 2 funding rounds

Key investors in Creatio

Creatio Overview

About Creatio

Creatio is a Boston-headquartered provider of a no-code platform that unifies CRM, workflow automation, and business process management. The platform supports sales, marketing, service, and operations teams through composable applications built without coding. Creatio serves more than 1,000 organizations worldwide, including PepsiCo, L'Oréal, and Hilti, across industries like finance, healthcare, and retail. With offices in the United States, United Kingdom, Germany, Netherlands, and Ukraine, the company employs around 800 people. Originally launched in 2002 as bpm'online, Creatio expanded its marketplace of ready-to-use apps and templates in 2023 to accelerate deployment.


Founded

2014

HQ

United StatesBoston, MA

Status

Privately held

Customer focus

B2B

Revenue model

Subscription

Valuation

$1.2B (Jun 2024)

Creatio Valuation

Creatio is currently valued at $1.2B, based on its undisclosed-stage round in June 2024.

The $200M round was led by Sapphire Ventures, with participation from StepStone Group, Volition Capital and Horizon Capital.

Creatio valuation by funding round

Creatio valuation by funding round
DateStageValuation
Jun 2024Undisclosed stage$1.2B

Creatio Funding History

Creatio has raised a total of $268M across 2 funding rounds.

Creatio's first fundraising round was a $68M undisclosed-stage round in February 2021. The most recent completed round was a $200M undisclosed-stage round in June 2024.

Creatio funding rounds

Creatio funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Jun 2024Undisclosed stageSapphire Ventures (lead); StepStone Group; Volition Capital; Horizon Capital$200M$1.2BCreatio is a Boston-based no-code platform for automating CRM, enterprise workflows, case management, and workflow automation, featuring AI-powered tools like Copilot and a composable architecture via its Quantum release. On June 26, 2024, it raised $200 million in a minority investment round led by Sapphire Ventures, with participation from StepStone Group and existing investors Volition Capital and Horizon Capital, at a $1.2 billion valuation. The funds aim to fuel global expansion, enhance AI and no-code innovations including copilot capabilities, no-code governance, ALM, and ready-to-use components for various verticals, while accelerating product development and scaling operations. The round reflects Creatio's strong growth and leadership in the enterprise no-code market, enabling knowledge workers—estimated at 1.7 billion globally—to automate workflows without coding. Investors highlighted the platform's flexibility, usability, and ability to deliver high ROI and time-to-value, distinguishing it from traditional software vendors like Microsoft, Zoho, and Kissflow. CEO Katherine Kostereva emphasized addressing complexity and inflexibility in legacy systems. Sapphire Ventures' Rajeev Dham praised the team's dedication and the platform's enterprise applications, while Volition Capital's Sean Cantwell noted its impact and market-leading ROI. Founded in 2014 with over 800 employees, Creatio maintains its strategy, product vision, and customer focus post-investment, with potential board changes from new investors. One outlier source mentioned a $2.5B valuation, but consensus across primary announcements confirms $1.2B.
Feb 2021Undisclosed stageVolition Capital (lead); Horizon Capital$68M-Creatio is a global software company providing a low-code platform for process management and CRM, enabling organizations to automate sales, marketing, service, and customer-facing processes quickly without complex coding. Founded in 2002 as bpm'online and headquartered in Boston with offices in Europe, the platform features an engaging interface to align teams and accelerate strategy execution. On February 22, 2021, Creatio announced its first-ever funding: a $68 million minority investment led by Volition Capital, a Boston-based growth equity firm focused on high-growth software companies, with participation from Horizon Capital, a Europe-focused private equity firm. The funding aims to fuel Creatio's growth in the booming low-code market, projected by Gartner to power 65% of application development by 2024 amid a $169 billion opportunity in custom development and a $37 billion CRM market. Creatio, bootstrapped since inception with a team of 600, plans to invest in technology development, sales and marketing expansion, and channel partner support across 110 countries. The minority stake leaves Creatio's strategy, leadership under CEO Katherine Kostereva, product vision, and customer focus unchanged, positioning it as a leader recognized in the 2020 Gartner Magic Quadrant for CRM Lead Management. Investors highlighted Creatio's organic growth, extensive partner base, differentiated natively integrated low-code BPM and CRM solution, and market traction serving mid-size and large enterprises in financial services and manufacturing. Volition Capital's Managing Partners Sean Cantwell and Roger Hurwitz praised its potential to close the IT delivery gap, while Horizon Capital's Lenna Koszarny emphasized the team's execution and innovation for ambitious expansion. Shea & Company advised Creatio on the transaction.

Who has invested in Creatio?

4 investors have backed Creatio across its funding rounds, including Volition Capital, Horizon Capital, Sapphire Ventures and StepStone Group.

Lead investors include Sapphire Ventures and Volition Capital.


Creatio Investors

Investors in Creatio by funding rounds participated
InvestorHQRoundsRoleFirst check
Volition CapitalUnited StatesBoston, MA2LeadFeb 2021
Horizon CapitalUkraineKyiv2ParticipantFeb 2021

This data is available for Pro users. Sign up to see all 4 Creatio investors.

Start Free Trial

Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples

Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.

Start Free Trial

Creatio Competitors

Creatio competitors include listed companies like Freee, TOTVS, Workday and SAP, and private ones like Deskera and Employment Hero.

Public and private companies comparable to Creatio
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
FreeeJapanJapanPublicly listed$214M$6M$1.5B4.8x
DeskeraUnited StatesMinneapolis, MNPrivate--$495M-
TOTVSBrazilBrazilPublicly listed$1.1B$318M$3.8B3.2x
WorkdayUnited StatesUnited StatesPublicly listed$9.6B$1.2B$48B4.7x
SAPGermanyGermanyPublicly listed$42B$13B$248B5.4x
Employment HeroAustraliaSydneyPrivate$213M-$1.2B5.6x

Creatio Public Comps

Creatio is still privately-owned, but its public comps include Digiwin, Freee, ATOSS Software, Asseco Business Solutions, Inspur, Hangzhou Anysoft, Hilan, Teamshares, Business Engineering and Koal Software.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Digiwin$363M$48M4.0x3.8x30.1x23.6x
Freee$214M$6M6.3x4.8x237.7x65.4x
ATOSS Software$218M$84M7.0x6.4x18.2x17.1x
Asseco Business Solutions$126M$49M5.8x5.2x14.9x12.8x
Inspur$172M($31M)3.7x2.7x(20.3x)-
Hangzhou Anysoft$150M$15M5.5x-54.3x-
Hilan$993M$154M1.8x-11.9x-
Teamshares$472M($23M)1.7x1.4x(35.0x)33.2x

This data is available for Pro users. Sign up to see all Creatio competitors and their valuation data.

Start Free Trial

Common questions about Creatio

When was Creatio founded?Creatio was founded in 2014.
Where is Creatio headquartered?Creatio is headquartered in Boston, MA, United States.
Is Creatio publicly listed?No, Creatio is a private, VC-backed company.
What is Creatio's valuation?Creatio was last valued at $1.2B in its undisclosed-stage round in June 2024.
How much funding has Creatio raised?Creatio has raised $268M across 2 funding rounds.
What was Creatio's last funding round?Creatio's last funding round was a $200M undisclosed-stage round in June 2024, led by Sapphire Ventures.
Who are Creatio's investors?Creatio's investors include Volition Capital, Horizon Capital, StepStone Group and Sapphire Ventures.
Which companies are comparable to Creatio?Companies comparable to Creatio include Freee, Deskera, TOTVS, Workday, SAP and Employment Hero.

See companies similar to Creatio

Start Your
Free Trial Today

Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.

Start Trial