n8n, a Berlin-based startup specializing in workflow automation, has successfully pivoted to embrace AI, resulting in a fivefold revenue increase. The company recently secured €55 million in funding, bringing its valuation to approximately €250 million. With over 3,000 enterprise clients and 200,000 active users, n8n plans to use the funds to further invest in technology and expand into the U.S. market. Known for promoting 'fair code,' n8n seeks to balance open-source benefits with fair compensation for developers, marking its distinct position in the software development ecosystem.
n8n pivoted to become more AI-friendly in 2022, leading to a 5X revenue increase and €55 million funding at a €250 million valuation, targeting U.S. expansion.
The startup has gained traction from developer teams seeking low-code solutions to stitch applications together, while also promoting the 'fair code' concept for open-source.
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