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Nvidia backs $180M round for workflow automation startup n8n - SiliconANGLE
German automation software provider n8n GmbH today announced that it has closed a $180 million investment at a $2.5 billion valuation. Accel led the C round, which comes six months after the company's previous raise. It was joined by Nvidia Corp.'s NVentures startup fund, Meritech, Redpoint and
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Amidst Competition from OpenAI, n8n Raises $180 Mn | AIM
n8n, the German AI startup, has raised $180 million in its Series C funding round, at a valuation of $2.5 billion. The round was led by Accel Ventures, with support from Meritech, Redpoint, Evantic, and others. This brings the startup's total funds raised to $240 million. Founded in 2019, the
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AI Agent Startup n8n Valued at $2.5 Billion After Series C | PYMNTS.com
By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions. The company's Series C round, which included participation from Nvidia's
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German AI startup n8n raises $180 million in Series C funding, reaching a $2.5 billion valuation. The company's workflow automation platform, which integrates AI agents, attracts major investors including Nvidia's NVentures.
German AI startup n8n has successfully closed a $180 million Series C funding round, propelling its valuation to an impressive $2.5 billion
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. The round was led by Accel Ventures, with participation from Nvidia's NVentures startup fund, Meritech, Redpoint, and other investors1
. This latest investment brings n8n's total funding to $240 million since its founding in 20192
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Source: SiliconANGLE
n8n offers an open-source platform for creating automation workflows, with a particular focus on AI integration. The platform allows users to design workflows that operate across various tools, data sources, and AI models to perform multiple tasks
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Source: PYMNTS
Key features include:
The company provides both free and paid versions of its platform, with premium features such as enhanced security for login credentials and log streaming to analytics tools
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.n8n has experienced significant growth, with a reported tenfold increase in revenue over the past year
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. The company's CEO, Jan Oberhauser, stated that n8n has seen a sixfold increase in user growth alongside this revenue surge2
. While exact revenue figures were not disclosed, a July report from Sacra estimated n8n's annual recurring revenue at $40 million2
.n8n's platform has garnered attention from major corporations seeking to enhance their operational efficiency. Notably, Vodafone utilized n8n for threat intelligence, resulting in savings of £2.2 million (~$2.79 million), 5,000 person-days, and ongoing monthly savings
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The funding announcement comes amid increasing competition in the AI automation space. OpenAI recently unveiled its 'AgentKit' product, which offers similar no-code features for building automation workflows
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. However, early user feedback suggests that n8n maintains several advantages over OpenAI's offering, including better feedback loops, production logs, and security controls2
.As the AI industry shifts focus from generative AI to agentic AI, n8n appears well-positioned to capitalize on this trend. The company reports that over 80% of workflows built on its platform now embed AI agents
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. With its recent funding and growing client base, n8n aims to further expand its role in helping organizations deploy effective AI-powered automation solutions.Summarized by
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