Tines, an AI-driven workflow automation company, has raised $125 million in Series C financing, bringing its valuation to $1.125 billion. The funding round was led by Growth Equity at Goldman Sachs Alternatives, with participation from SoftBank Vision Fund 2, Activant, and existing investors, including Accel, Felicis, CrowdStrike Falcon Fund, and Addition. This investment follows a $50 million Series B extension in May 2024, increasing the company’s total capital raised to $272 million. The funding will support Tines in enhancing its product capabilities, particularly in integrating AI solutions for enterprise automation, while maintaining security and compliance standards.
Founded in 2018, Tines provides automation solutions that help businesses streamline security and IT operations. Companies including Coinbase, Databricks, GitLab, and Mars use Tines to automate critical workflows, reduce manual tasks and improve efficiency. The platform now automates more than one billion tasks weekly. Recently, Tines introduced Workbench, a generative AI chat interface that allows users to query data, take real-time action, and improve decision-making. Co-headquartered in Dublin and Boston, Tines aims to expand its AI-powered offerings, ensuring businesses can optimize workflows while maintaining privacy and security safeguards.
