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German Startup n8n Raises $180M and Reaches a Valuation of $2.5B

German Startup n8n Raises $180M and Reaches a Valuation of $2.5B

  • N8n, a German startup that helps businesses deploy AI agents, has raised $180 million, valuing it at $2.5 billion.
  • The funding was led by venture firm Accel and Nvidia Corp.’s NVentures, with plans to use the funds to hire additional staff and enhance its platform.
  • N8n offers an open-source platform for creating automation workflows, generating revenue through paid versions of its platform with cloud-based features.
  • The company provides a visual interface for non-technical users, allowing them to create workflows using drag-and-drop controls, while coders can write workflows in TypeScript.
  • The platform supports LangChain and has several hundred prepackaged automation workflows, including AI Workflow Builder, now available in beta for Enterprise Cloud users.

IBL News | New York

N8n, a German startup that helps businesses deploy artificial intelligence agents, has raised $180 million, valuing it at $2.5 billion.

Venture firm Accel led the funding, and Nvidia Corp.’s NVentures participated in the round, n8n said in a statement this month.

The company stated that it will utilize its new funding to hire additional staff and enhance its platform, expanding its collection of integrations with third-party applications.

Founded in 2019, n8n offers an open-source platform for creating automation workflows.

The company generates revenue through several paid versions of its open-source platform, which offer a cloud-based version and additional features.

For non-technical users, n8n provides a visual interface that enables these workflows using drag-and-drop controls.

Coders can write n8n workflows in TypeScript, an enhanced version of JavaScript developed by Microsoft Corp. TypeScript includes syntax modifications that make it easier to avoid certain types of software errors.

The platform supports LangChain, an open-source toolkit, and there are several hundred prepackaged automation workflows.

Cybersecurity teams use the software to automatically enrich breach alerts with threat intelligence from external sources.

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Q. Who led the funding for n8n’s $180 million raise?
A. Venture firm Accel led the funding.

Q. What is the valuation of n8n after its recent funding round?
A. The valuation of n8n is now $2.5 billion.

Q. What will n8n use its new funding for?
A. n8n plans to utilize its new funding to hire additional staff and enhance its platform, expanding its collection of integrations with third-party applications.

Q. When was n8n founded?
A. n8n was founded in 2019.

Q. How does n8n generate revenue?
A. n8n generates revenue through several paid versions of its open-source platform, which offer a cloud-based version and additional features.

Q. What is the visual interface offered by n8n for non-technical users?
A. For non-technical users, n8n provides a visual interface that enables workflows using drag-and-drop controls.

Q. In what programming language can coders write n8n workflows?
A. Coders can write n8n workflows in TypeScript, an enhanced version of JavaScript developed by Microsoft Corp.

Q. What is the purpose of LangChain in n8n’s platform?
A. The platform supports LangChain, an open-source toolkit.

Q. How many prepackaged automation workflows does n8n support?
A. There are several hundred prepackaged automation workflows supported by n8n.

Q. Who can access n8n’s AI Workflow Builder now?
A. AI Workflow Builder is now available in beta for Enterprise Cloud users, with 1,000 monthly credits included.