This article was co-authored by Sean Cantwell and Roger Hurwitz, Managing Partners at Volition Capital >>
As you might know from reading our blog over the last several months, we’ve been thinking a lot about low-code software development and the long-term potential it represents. We’re excited about this space because the low-code movement is empowering a new generation of citizen developers in companies of all types and sizes.
On Monday, we announced our investment in Creatio, a company that fits our investment focus to a tee. They are united around a single goal – to create a world where everyone can automate business ideas in minutes. Their customers, industry analysts, and channel partners in 110 countries all agree that their low-code BPM and CRM software platform is unlocking virtually limitless flexibility to do just that.
Creatio is a Boston-based company that has been bootstrapped since its founding. We led a $68M funding round with participation from Horizon Capital, and this investment will extend Creatio’s leadership position in the low-code platform market.
Here are the trends that excite us about the low-code market and what we’ve learned about investing in the space during our diligence and work with Creatio.