Tines Secures $125M While Homing in on AI-Powered Workflows

Tines, the leader in AI-powered workflows, is announcing the completion of its Series C financing, having raised $125 million. This funding round—led by Growth Equity at Goldman Sachs Alternatives, with participation from new investors SoftBank Vision Fund 2 and Activant, and existing investors Accel, Felicis, CrowdStrike Falcon Fund, and Addition—brings the company’s total valuation to $1.125 billion.

Tines’ smart, secure workflow builder helps enterprises build, run, and monitor workflows powered by an intuitive platform. With its newfound capital, Tines will accelerate its product innovation with a key focus on assisting its users connect AI software and large language models (LLMs) to their data and systems for increased efficiency, according to the company.

"IT and security teams continue to face a deluge of manual and tedious tasks, and too often traditional automation tools further weigh them down instead of lifting them up," said Eoin Hinchy, CEO of Tines. "By connecting people to the AI, data, and systems they need to do their best work, the opportunity before us at Tines is to become the universal orchestrator of modern, secure workflows across the enterprise. This new round will help us realize that opportunity."

Tines’ AI focus is further reflected by its recently debuted native AI capabilities, including Workbench, a generative AI chat interface. Workbench helps users query, gather, and analyze information, empowering them to take real-time action on proprietary data across applications. This is achieved all while ensuring that the necessary privacy and compliance safeguards are in place, delivering enterprise-grade security as well as AI innovation.

"Since its founding in 2018, Tines has demonstrated exceptional growth by staying laser-focused on delivering tangible value to customers and building solutions tailored to their evolving needs," said Amit Lubovsky, investment director at SoftBank Investment Advisers. "We are excited to partner with the Tines team as they execute on their vision, pushing the boundaries of automation, and bringing best-in-class workflow orchestration solutions to the entire enterprise."

To learn more about Tines, please visit https://www.tines.com/.