{"id":701,"date":"2021-03-18T18:20:15","date_gmt":"2021-03-18T18:20:15","guid":{"rendered":"https:\/\/solutionsreview.com\/crm\/?p=701"},"modified":"2021-04-30T15:06:41","modified_gmt":"2021-04-30T15:06:41","slug":"creatio-raises-68m-for-low-code-platform-and-crm","status":"publish","type":"post","link":"https:\/\/solutionsreview.com\/crm\/2021\/03\/18\/creatio-raises-68m-for-low-code-platform-and-crm\/","title":{"rendered":"Creatio Raises $68M For its Low-Code Platform and CRM"},"content":{"rendered":"

\"Creatio<\/p>\n

Source: Creatio<\/em><\/p>\n

Creatio\u00a0<\/span>announced last month<\/span><\/a> that $68M capital was raised by Volition Capital, a growth equity firm investing in high growth companies, <\/span>with participation from Horizon Capital<\/span>. The funding represents a minority investment in the company’s growth. Creatio’s overarching strategy, leadership team, product vision, and commitment to customer success will remain unchanged. This investment comes on the heels of Creatio reaching its highest net retention rate in 2020.<\/span><\/p>\n

Our<\/span>\u00a0<\/span>2020 CRM Buyer\u2019s Guide<\/span><\/em><\/a>\u00a0helps you evaluate the best solution for your use case and features profiles of the leading providers, as well as a category overview of the marketplace.<\/div><\/span><\/p>\n

Creatio provides a low-code platform for process management and CRM meant for mid-size to large enterprises. It operates across 24 verticals, including financial services, manufacturing, professional services, and more. Since its founding, Creatio has exhibited rapid growth and currently operates with a team of 600 people across the globe. Despite the disruptions from the COVID-19 pandemic, 2020 was Creatio’s best year yet in terms of net retention rate and financials.<\/span><\/p>\n

Creatio is planning to use the $68M funding to invest in R&D, global marketing and sales expansion, and support its global network of partners. The funds will also be used to develop the company’s low-code process management and CRM solutions.<\/span><\/p>\n

In a statement included in\u00a0<\/span>Creatio’s press release<\/span>, Katherine Kostereva, CEO and co-founder of Creatio, said, \u201cOur vision is a world where everyone can automate business ideas in minutes. Now is a critical time for digital and IT leaders to leverage tech and transform their organizations into low-code companies. This investment will allow us to keep building toward the vision of creating the new world, where any company can automate and change their business processes at speed and scale.\u201d<\/span><\/p>\n

Learn more\u00a0<\/span>about Creatio.<\/span><\/a><\/p>\n

\n
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\"Download<\/a><\/p>\n<\/div>\n\t\t<\/div><\/div>\n","protected":false},"excerpt":{"rendered":"

Source: Creatio Creatio\u00a0announced last month that $68M capital was raised by Volition Capital, a growth equity firm investing in high growth companies, with participation from Horizon Capital. The funding represents a minority investment in the company’s growth. Creatio’s overarching strategy, leadership team, product vision, and commitment to customer success will remain unchanged. This investment comes […]<\/p>\n","protected":false},"author":57,"featured_media":705,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"footnotes":"","_jetpack_memberships_contains_paid_content":false,"jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false},"version":2}},"categories":[4],"tags":[156,332,8,333,329,327,330,331,328],"jetpack_publicize_connections":[],"acf":[],"yoast_head":"\nCreatio Raises $68M For its Low-Code Platform and CRM<\/title>\n<meta name=\"description\" content=\"Creatio recently announced that it has raised $68M capital and will go 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