Tines Secures $125M in Series C Funding, Valuation Reaches $1.125B

Tines, a company specializing in AI-powered workflows, has announced the completion of a $125 million Series C funding round. This latest investment brings the company's valuation to $1.125 billion. The funding round was led by Growth Equity at Goldman Sachs Alternatives, with participation from new investors SoftBank Vision Fund 2 and Activant, as well as existing investors Accel, Felicis, CrowdStrike Falcon Fund, and Addition.

The company plans to use the new capital to accelerate product innovation, particularly in connecting AI software and large language models with necessary data and systems. This aims to enhance task efficiency and effectiveness while ensuring privacy and compliance for enterprise-grade security.

Tines has seen significant growth, with the number of automated actions on its platform tripling over the past year, now exceeding one billion tasks automated weekly. The company recently introduced native AI features and a generative AI chat interface called Workbench, which allows users to query, gather, and analyze information in real-time across applications.