Tines, an AI-powered workflow automation company, has raised $125 million in Series C financing, bringing its valuation to $1.125 billion. Growth Equity at Goldman Sachs Alternatives led the investment round, with participation from SoftBank Vision Fund 2, Activant, and existing investors Accel, Felicis, CrowdStrike Falcon Fund, and Addition. This latest funding follows a $50 million Series B extension in May 2024, increasing the company's total capital raised to $272 million. Tines helps businesses automate critical workflows, enhancing productivity and security operations. Companies including Coinbase, Databricks, GitLab, and Mars use its platform, which now automates more than one billion tasks every week.
The funding will support the development of new AI-driven features, including Workbench, a generative AI interface that allows users to interact with data, take real-time actions, and improve workflow efficiency. Tines aims to expand its platform's capabilities by integrating AI and large language models with enterprise systems while maintaining privacy and security standards. Investors believe the company's focus on automation and workflow orchestration will drive AI adoption across industries.
