The world of developer tools is experiencing seismic changes due to rapid AI advancements. Companies enabling seamless AI integration are achieving remarkable growth, with n8n as a standout example. In 2022, n8n integrated AI into its automation platform, witnessing a fivefold revenue increase.
n8n's Explosive Growth Due to AI
Based in Berlin, n8n has raised €55 million ($60 million) in Series B funding, confirmed by Bitcoin World. The round was led by Highland Europe, with participation from HV Capital, Sequoia, Felicis, and Harpoon. This will support n8n's technological advancements and market expansion, including key markets like the U.S.
Foundations in Low-Code and No-Code Automation
Founded in 2019, n8n initially focused on low-code and no-code automation solutions. Their unique 'fair code' approach promotes open-source usage while ensuring fair compensation principles are followed.
AI as a Catalyst for n8n's Success
AI integration served as a growth catalyst for n8n. Generative AI simplified task automation by enabling natural language instructions instead of complex coding, accelerating technology adoption.
The profound impact of AI on n8n's development showcases the potential of AI integration in automating business processes. The company's success underscores the relevance of low-code and fair-code approaches in today's tech evolution.