# K2.com

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/k2-com

- Industry: Software
- Headquarters: Bellevue, US
- Website: www.k2.com
- Total disclosed funding: $154M
- Latest round: Series C (Mar 20, 2015)
- Investors on record: 1

## About

K2, based in the US, provides business applications focused on low-code development and process automation, enabling organizations to enhance workflow efficiency and operational performance across various sectors.K2 specializes in low-code application development and process automation solutions. Founded in 2000 and headquartered in Bellevue, US, the company has undergone strategic shifts. In October 2020, K2 was acquired by Nintex USA, Inc. from Francisco Partners, Azure Capital, and FTV Capital for undisclosed terms. The acquisition aimed to strengthen Nintex's position in the digital business platform and enhance workflow automation. K2 was founded by a team including Bernadette Brunstedt, Caylin Blake, Danielle Hammel, Jacob Burtner, Joel Helms, Kassym Bodayev, Kelsey Blackburn, Krishna Mano, Kyleigh Burtner, and Quan Nguyen, with Adriaan Van Wyk serving as CEO. The company has raised a total of USD 153.496 mn, with the latest funding round being Series C, which occurred in October 2020.K2 offers a range of low-code application development and process automation solutions, including K2 Cloud and K2 Five. These products allow organizations to design, automate, and manage business workflows without extensive coding skills. K2's solutions are utilized for automating processes such as employee onboarding, contract management, and licensing permit applications. The products are designed to integrate with various data sources, including SQL and REST APIs, making them suitable for diverse industries, such as government, healthcare, and financial services. K2 has a global client base with a strong presence in North America, Europe, and the Asia-Pacific region, serving organizations aiming to optimize their workflow and enhance customer interactions.K2 operates on a subscription-based revenue model, providing automation and workflow solutions to enterprises through various licensing agreements. Clients typically engage with K2 via annual subscriptions that grant access to their tools, including K2 Cloud and K2 Five. The transactional structure facilitates direct sales to businesses, enabling customers to leverage K2's low-code solutions for bespoke application development and process management. Pricing plans cater to different organizational sizes and use cases, allowing flexibility in access and deployment, thus supporting both individual and enterprise-wide workflow optimization across multiple sectors.K2 plans to leverage its acquisition by Nintex USA, Inc. to enhance its offerings in digital business solutions and expand its market reach. The company is focusing on developing new products in workflow and content automation, though specific release dates have not been provided. Additionally, K2 aims to penetrate new geographic markets, particularly in Europe and the Asia-Pacific region, in alignment with its growth strategy. Funding from the Series C round will be utilized to support these initiatives, further solidifying K2’s role in digital transaction management and process automation.

## Funding rounds

- Series C, Mar 20, 2015, $154M — Francisco Partners

## Investors

- Francisco Partners (https://capitalatlas.ai/funds/francisco-partners) — Series C