Today German automation startup Bryter, who has built a no-coding platform for enterprises, has raised €14.1 million. The funds will be used to accelerate its international expansion, particularly in the US, and help enable international adoption across their growing global customer base.
Bryter, founded in 2018, is a leading no-code platform enabling experts to automate decision-making. Basically, it supports a range of organizations, like consulting firms, banks, corporates, and public administration across the globe, to digitalise and scale their services, without needing programming skills. So far the startup has offices in Berlin, Frankfurt, and London, and supports professionals at over 30 major companies like ING, PwC, Deloitte, Baker McKenzie, and Taylor Wessing.
This new round was led by venture capital firms Dawn Capital and Accel, who also led the startup’s seed round. Also participating in the round were existing investors Notion Capital and the fund of SaaS veteran Mike Chalfen of Chalfen Ventures.
CEO and co-founder, Michael Grupp said: “Building on our early momentum in the compliance and legal markets, this funding round will allow us to bring our enterprise no-code platform to more customers both in additional geographies and industries, and power our momentum for continued international growth. And we are thrilled to receive such high-skilled experience and support helping us achieve this.”
Evgenia Plotnikova, Partner at Dawn Capital, said: “BRYTER was founded just two years ago and has already made rapid progress. We at Dawn are hugely excited to witness the growth ahead as the business continues to scale globally.”
Luca Bocchio, Partner at Accel said: “We’ve been impressed with the impact BRYTER has already had, in such a short space in time, in unleashing the potential for business experts to participate in digital transformation without the need for specific programming skills. We’re excited to see the company continue its rapid growth and increased adoption amongst blue-chip global enterprise customers.”
