Tines, a workflow management startup based in Dublin and Boston, has raised an additional $50 million (approximately €46.6 million) in an extension to its Series B funding round. This latest investment, led by Accel and Felicis, along with contributions from existing investors like Addition, CrowdStrike Falcon Fund, and SVCI, brings Tines’ total raised capital to $146.2 million (approximately €136.27 million).
Founded in 2018 by Eoin Hinchy and Thomas Kinsella, Tines offers a platform that simplifies complex workflows across security and operations teams. By automating tens of thousands of workflows, the startup helps organizations manage their workloads more efficiently, preventing staff burnout and reducing errors. The platform, known for its robust automation and orchestration capabilities, is utilized by industry leaders like Canva, Intercom, and McKesson.
Leveraging Investment for Growth and Innovation
The funds from this round will be used to further develop the platform, catering to a wide range of clients from startups to Fortune 10 companies. The company plans to enhance its collaborative workflow features and integrate AI improvements to make automation even more accessible for users.
Strategic Focus and Global Reach
Tines’ strategic focus remains on powering the most critical workflows for companies around the world. With over 33,000 users and more than 40 million daily automated actions, Tines continues to expand its impact. The company has also launched a Channel Partner Programme and is actively rolling out AI-powered features to further enrich its platform.
Commitment to Global Business Needs
“Tines’ mission is to power the most important workflows for companies worldwide,” says co-founder Eoin Hinchy. “These funds allow us to double down on areas we’ve seen much success, maintain our leadership position in security, and continue our strategy to automate complex technical workflows for multiple departments across the enterprise.”
With the additional funding, the company is poised to meet the growing needs of large-scale operations in global enterprises, federal government agencies, and the public sector, while also expanding its team across all departments to support its rapid growth and development.