Pipefy announced a $75 million Series C Round of venture capital for its low-code no-code workflow management tech with one of its stated target markets in HR. This brings its total raised to $138.7 million. The round was led by SoftBank.
Focusing on low code no code (LCNC) is a good bet for work technology globally. The market is ripe for new low-code/no-code (LCNC) solutions emerging in work tech. The model is emerging in stand-alone B2B LCNC platforms like AirTable or BRYTER, HR-specific LCNC solutions like Sora, experience platforms like ServiceNow, digital adoption platforms like WalkMe, HR suites like Oracle’s Low-Code Journeys for HR, and even in targeted applications like Meet&Engage or Sapling.
This is a category to watch over the next few years.
$13.7 billion was invested globally in work tech through Q3 2021 across 299 deals. WorkTech Market Insiders can access insights and analysis of all of the deals in our Q3 report with a free membership.