N8n, the Berlin-based startup which helps businesses automate tasks, has more than doubled its valuation to $5.2bn in less than a year following a strategic investment from German software giant SAP, it said today.
SAP’s investment in n8n comes courtesy of an n8n secondary share sale, which brings SAP to the n8n cap table for the first time. SAP was the only new investor taking part in the secondary share sale, which has led to a more than doubling of n8n’s valuation, from $2.5bn to $5.2bn in less than a year, n8n said. N8n did not disclose further details about how much SAP had invested in n8n.
N8n calls itself an “AI orchestration platform”. Its tech allows businesses to connect hundreds of different apps and services and automate many business tasks, including integrating large language models, as well as leveraging AI agents to simplify business tasks.
Alongside the investment, n8n and SAP have struck a multi-year commercial deal. This will see n8n being available inside SAP’s AI agent offering, called Joule Studio, which allows users to create and manage their own AI agents. This will mean that instead of switching between different apps, developers can build complex AI workflows within SAP using n8n’s canvas.
Jan Oberhauser, founder & CEO, n8n, said: "For n8n, securing SAP as a strategic investor marks a pivotal moment. As one of the world's largest enterprise software companies, its decision to back n8n and to embed us inside Joule Studio reflects genuine confidence in our platform and our vision."
Christian Klein, CEO, SAP SE, said: "To provide accurate and secure business outcomes at scale, agentic AI must be grounded in deep process knowledge, reliable data, and enterprise-grade governance. By integrating n8n into Joule Studio, we're accelerating SAP's ability to help customers design, connect, and scale agentic AI across their core business processes."
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