I’m very proud and excited to announce that Process Street has raised a $12M Series A for its no-code workflow app. Accel leads the round, with participation from Atlassian, Salesforce Ventures, and other amazing investors.
The funds will go towards our vision of building the GitHub of no-code, where teams around the world can find and use checklists, workflows, and automations to improve their productivity at work.
Our mission is to make recurring work fun, fast, and faultless for teams everywhere. Having experienced investors and leading SaaS partners will put us in a powerful position to achieve this mission.
Read more about this announcement from Accel, Business Insider, Crunchbase, and Forbes.
The Process Street story so far
Process Street started as an internal tool to document and track simple checklist-based processes. Cofounders Cameron McKay, CTO, and Vinay Patankar, CEO, built the first version together.
We were running a distributed marketing agency with contractors all around the world and were struggling to keep our repetitive processes on track. Spreadsheets and project management tools were causing more problems than solutions. We needed a tool to provide structure and manage internal workflows, so we built Process Street.
We’ve grown that simple tool into a fully fledged no-code workflow builder with an easy-to-use interface that can handle almost any type of business process, from client implementation to employee onboarding and content approvals.
By February 2020, more than 450,000 people had registered for Process Street, including users at Colliers, Accenture, Spotify, Airbnb, Columbia University, and Johns Hopkins University.
At the time of the Series A, Process Street was a fully remote team of 45 people across North America and Europe.
It’s a popular tool for remote organizations, and we use it heavily internally, but we’ve found an even greater market in distributed enterprises: large organizations looking to standardize and automate work across vast geographical areas.
Why Accel, Atlassian & Salesforce Ventures?
We chose to partner with Accel because they believe in product-led growth, understand the SaaS space, and know how to deliver maximum value at scale. The experience built within Accel from investments in Atlassian, Slack, and Dropbox means they’ve been on this journey before.
Rich Wong, Partner at Accel, will be joining our Board. Rich has been an investor and Board Member in fast-growth SaaS leaders such as Atlassian, Checkr, and UiPath, and we look forward to leveraging his wealth of experience and expertise to further our growth.
Salesforce Ventures and Atlassian were obvious partners. Salesforce Ventures has the leading global portfolio of enterprise SaaS companies and brings access to the Salesforce platform and their customers. Process Street workflows are tightly integrated with other SaaS products and rely on the data and activity happening in these systems to automate work.
By 2020, customers were integrating Process Street with hundreds of SaaS products, with Salesforce, Trello, and Jira among the most popular.
What’s next for Process Street?
The future for Process Street is to be the no-code workflow solution for teams everywhere.
We want to expand how and where teams can manage their work. To make this happen, we’ll be launching a mobile app, a redesigned experience, and building on our recent improvements to enable manager approvals on the go.
Process Street has a giant library of plug-and-play process templates created by our team, customers, and partners. We’ll continue to grow this to be the largest repository in the world for all workflows and operational playbooks: the GitHub for knowledge workers.
“The future for Process Street is to be the no-code workflow solution for teams everywhere.”
We’re going to be launching further enterprise features for improved reporting and analysis, while opening up greater API access to let teams control their data and build custom automations.
We’ll also look to deepen existing partnerships and forge new ones. This will mean greater alignment between Process Street and the other products you already rely on, furthering our seamless integrations.
We are beyond grateful for all of your continued support and can’t wait to keep working with you in the years ahead.
Many thanks,
Vinay Patankar, CEO.