What is BRYTER?
BRYTER operates as a no-code service automation platform designed to enable business professionals, particularly in law, compliance, accounting, and finance, to build digital applications. The platform empowers enterprise teams to create self-service applications, thereby facilitating faster and more accurate service delivery to colleagues. By automating complex, recurring decisions and scenarios, BRYTER allows professionals to digitize their workflows. Its client roster includes global brands across various sectors, such as consumer industries (McDonalds), financial services (ING), and professional services (Deloitte, PwC, KPMG), highlighting the platform's versatility and broad applicability in digital service transformation.
How much funding has BRYTER raised?
BRYTER has raised a total of $82M across 2 funding rounds:
Series A
$16M
Series B
$66M
Series A (2020): $16M with participation from Mike Chalfen, Notion Capital, Accel, and Dawn Capital
Series B (2021): $66M led by Tiger Global, James Fitzgerald, Amit Agharwal, Notion Capital, Ulf Zetterberg, Accel, Dawn Capital, Lars Björk, and Cavalry Ventures
Key Investors in BRYTER
Notion Capital
Notion Capital is a leading early-stage venture capital firm based in London, specializing in investments in B2B SaaS and cloud services across Europe. The firm provides investment capital and expert support to help ambitious brands scale their ventures, focusing on building strong, long-term relationships with founders.
Dawn Capital
Dawn Capital is a venture capital firm focused on backing ambitious founders building leading business software companies across Europe. The firm partners early, brings deep sector expertise, and supports teams as they scale globally.
Accel
Accel Inc. is a leading contract packaging company based in Columbus, Ohio, specializing in copacking and assembly services since 1995. They offer a wide range of packaging solutions including blister, gift sets, rigid boxes, and shrink wrap, catering to industries such as food, cosmetics, personal care, and healthcare.
What's next for BRYTER?
With its recent major strategic investment, BRYTER is poised for significant scaling and innovation. The company's focus on enabling non-technical professionals to build digital applications positions it at the forefront of the no-code revolution. Future developments are likely to involve expanding the platform's capabilities, enhancing its AI-driven features for smarter automation, and broadening its market reach into new industries and geographies. The substantial backing suggests a strategic push towards solidifying its leadership in the enterprise no-code market, potentially through further product development, strategic partnerships, and enhanced customer support to cater to its growing global client base.
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