How Much Did Pipefy Raise? Funding & Key Investors

Pipefy has successfully raised significant funding over multiple rounds, attracting a diverse group of investors. The platform specializes in no-code process orchestration, automating workflows and managing business processes efficiently.

Keep reading to explore the intricacies of Pipefy's fundraising journey and the investors backing this innovative platform.

What Is Pipefy?

Pipefy, founded in 2013, is a no-code process orchestration platform based in San Francisco, California. The company specializes in automating workflows and managing business processes efficiently.

Founded by Alessio Alionco, Kelvin Stinghen, Leandro Johann, and Magnus Arantes, Pipefy has grown significantly since its inception. The platform offers various features, including process automation, workflow orchestration, and service request management.

With a team of 501-1000 employees, Pipefy continues to innovate in the field of business process management, providing solutions that cater to a wide range of industries.

How Much Funding Has Pipefy Raised?

1. Seed Round
   • Amount Raised: $200K
   • Date: July 2015
   • Lead Investors: Not publicly disclosed
   • Valuation at Round: Not publicly disclosed
   • Motivation Behind the Round: To kickstart the development of their no-code process orchestration platform.
2. Seed Round
   • Amount Raised: $2.5M
   • Date: January 2016
   • Lead Investors: Not publicly disclosed
   • Valuation at Round: Not publicly disclosed
   • Motivation Behind the Round: To expand the team and accelerate product development.
3. Seed Round
   • Amount Raised: Not publicly disclosed
   • Date: May 2017
   • Lead Investors: Not publicly disclosed
   • Valuation at Round: Not publicly disclosed
   • Motivation Behind the Round: To further develop the platform and increase market reach.
4. Series A
   • Amount Raised: Not publicly disclosed
   • Date: March 2018
   • Lead Investors: Not publicly disclosed
   • Valuation at Round: Not publicly disclosed
   • Motivation Behind the Round: To scale operations and enhance product features.
5. Series B
   • Amount Raised: $45M
   • Date: July 2019
   • Lead Investors: Insight Partners
   • Valuation at Round: Not publicly disclosed
   • Motivation Behind the Round: To support growth and development.
6. Series C
   • Amount Raised: $75M
   • Date: October 2021
   • Lead Investors: SOFTBANK Latin America Ventures
   • Valuation at Round: Not publicly disclosed
   • Motivation Behind the Round: To accelerate global expansion and further develop its product and go-to-market strategy.
7. Secondary Market
   • Amount Raised: Not publicly disclosed
   • Date: January 2022
   • Lead Investors: Not publicly disclosed
   • Valuation at Round: Not publicly disclosed
   • Motivation Behind the Round: To provide liquidity to early investors and employees.

Total Amount Raised: $122.7M

Current Valuation: Not publicly disclosed

Key Investors

• SOFTBANK Latin America Ventures
  • Details: SOFTBANK Latin America Ventures is a fund focused on investing in technology companies in Latin America. It led the Series C funding round for Pipefy with a $50 million investment.
  • Investment Focus Areas: Technology companies in Latin America.
  • Notable Investments: Rappi, QuintoAndar.
• Insight Partners
  • Details: Insight Partners is a global venture capital and private equity firm investing in high-growth technology and software companies. It led a $45 million funding round for Pipefy in 2019 and participated in the Series C round.
  • Investment Focus Areas: High-growth technology, software companies.
  • Notable Investments: Twitter, Shopify, DocuSign.
• Redpoint eVentures
  • Details: Redpoint eVentures is a venture capital firm that invests in early-stage technology companies, particularly in Latin America. It participated in the Series C funding round for Pipefy.
  • Investment Focus Areas: Early-stage technology companies, Latin America.
  • Notable Investments: Nubank, Gympass.
• Steadfast Capital Management
  • Details: Steadfast Capital Management is an investment management firm. It participated in the Series C funding round for Pipefy.
  • Investment Focus Areas: General investment management, high-growth opportunities.
  • Notable Investments: Not publicly disclosed.

What's Next for Pipefy?

Pipefy stands at the cusp of significant global expansion, driven by the increasing demand for low-code workflow management solutions. With over 4,000 corporate customers in more than 215 countries, the company is well-positioned to capitalize on the growing need for digital transformation in business operations. The recent $75 million Series C funding round, led by SoftBank Latin America Ventures, will fuel this expansion, allowing Pipefy to enhance its product offerings and enter new markets.

Future fundraising opportunities appear promising as Pipefy nears unicorn status. The involvement of prominent investors like SoftBank and Insight Partners suggests that additional funding rounds could be on the horizon to support further growth and innovation. However, the company will need to navigate challenges such as competition from other low-code platforms and the complexities of scaling operations globally.

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