Remote-first, but officially registered in Berlin, no-code service automation platform BRYTER has raised $66 million in a Series B round. This funding arrives just 8 months after a Series A raise, now bringing BRYTER's total available capital to $90 million.
The round was led by Tiger Global and saw participation from existing investors Accel, Dawn Capital, Notion Capital and Cavalry Ventures, as well as a number of individual investors including Amit Agharwal, CPO of DataDog, Lars Björk, former CEO of Qlik, Ulf Zetterberg, founder and CEO of Seal software and former ServiceNow global SVP James Fitzgerald. These individuals are all slated to consult and assist with BRYTER’s U.S. market entry strategy.
“BRYTER has all the characteristics of a top-tier software company: high-quality product that solves a real customer pain point, a large market opportunity, and a world-class founding team. The feedback from BRYTER’s customers was resoundingly positive in our research, and we are excited to see the company reach new heights over the coming years,” comments Tiger Global Partner John Curtius.
Founded in 2018, BRYTER allows non-coders to turn enterprise services into self-service applications. In plain English, what this means is that hard-to-scale business info can easily be made available across organisations.
While a number of internal and external business processes have become digitised, there remain a number of business units, particularly in the areas of HR, legal, and admin that are lagging behind. BRYTER helps to bring these units into the 21st century by facilitating the conversion of these services into interactive, self-service applications including virtual assistants and chatbots.
To date, BRYTER reports that over 2,000 business applications and workflows have been deployed on the platform, and they count McDonald’s, Telefónica, PwC, KPMG, and Deloitte as customers.
"BRYTER is all about helping organizations streamline their service, internally and externally. We’re excited to have the customer validation to be able to raise significant funding so soon after our last round, to take our vision to more customers, particularly in the world’s largest software market, the US,” adds BRYTER CEO and co-founder Michael Grupp.