ProcessMaker
Latest round
- Series A
Last raised
- Feb 2021
Total raised
- $45M
Investors
- 1
About ProcessMaker
Based in the US, ProcessMaker Inc.Founded in 2000, ProcessMaker Inc. operates out of Durham, US, providing solutions for automating business processes. The company was co-founded by Brian Reale, who has prior experience in founding other technology ventures.ProcessMaker specializes in Business Process Automation (BPA) and workflow management software, designed to streamline and enhance organizational processes across various sectors. Its core product offerings include ProcessMaker Platform, Process Intelligence, and Agentic AI, which collectively serve to automate repetitive tasks, optimize resource allocation, and provide end-to-end visibility into workflows. The solutions target specific use cases such as transfer credit evaluation, grant proposal tracking, and financial aid management, particularly in the higher education sector. They empower business users from departments like Human Resources, Finance, and IT to create and manage workflows without requiring extensive coding knowledge.ProcessMaker generates revenue through a subscription-based model that encompasses a range of software solutions tailored to meet business needs. This model includes partnerships and direct licensing agreements with clients, allowing organizations to implement ProcessMaker’s products at scale. Clients typically subscribe to the ProcessMaker Platform, which features various pricing tiers based on the complexity and number of users, alongside add-on services like Intelligent Document Processing and Process Intelligence. Revenue is realized as clients engage in transactions for these products, with structured offerings that facilitate ongoing support and service agreements.In February 2021, ProcessMaker Inc. The firm aims to develop new products to address the evolving needs of its clients, focusing on innovative solutions that improve workflow efficiency. Additionally, ProcessMaker intends to penetrate new markets, particularly in Europe and Asia, by the end of 2023, further solidifying its position in the industry.
Who invested in ProcessMaker
1 investor across 1 round
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Funding rounds
Series A
Feb 12, 2021
Amount
$45M
Investors
Questions about ProcessMaker
Who invested in ProcessMaker?
ProcessMaker has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has ProcessMaker raised?
ProcessMaker has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did ProcessMaker last raise money?
ProcessMaker's most recent round on record is a Series A, in Feb 2021.
What does ProcessMaker do?
Based in the US, ProcessMaker Inc.
Where is ProcessMaker headquartered?
ProcessMaker is headquartered in Durham, US.
Which VCs invest in companies like ProcessMaker?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at ProcessMaker's stage. Their profiles are linked below.
VCs backing software startups at Series A
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