German AI startup n8n is set to raise hundreds of millions of euros in a funding round led by Accel, valuing the company at $2.3 billion, up from $350 million just four months ago. This exponential growth is a testament to strong demand for AI investments in Europe. N8n offers software to automate tasks for businesses, pitching its products as easy means of incorporating AI agents. The company has surpassed $40 million in annual recurring revenue and emerged as a breakout player in Europe's fast-growing AI application ecosystem.
German AI startup n8n is set to raise hundreds of millions of euros in a funding round led by Accel, valuing the company at $2.3 billion. This valuation represents a significant increase from its previous valuation of $350 million just four months ago. The funding round, which is expected to raise hundreds of millions of euros, will be led by Accel, with Meritech Capital also participating. The deal underscores the strong demand for AI investments, particularly in Europe.
N8n offers software designed to automate tasks for businesses, positioning its products as an easy means of incorporating AI agents. The company has seen rapid growth, surpassing $40 million in annual recurring revenue and emerging as a breakout player in Europe's fast-growing AI application ecosystem. The startup has secured major clients such as Vodafone Group Plc and Delivery Hero SE, and has increased its annual recurring revenue fivefold in the past year.
This exponential growth is a testament to the strong demand for AI investments in Europe. In the past two months alone, other European AI startups such as Mistral AI, Helsing, and Lovable have seen significant increases in their valuations. Mistral AI was in talks to raise as much as $1 billion in equity, Helsing more than doubled its valuation to €12 billion, and Lovable raised $200 million to become a unicorn.
N8n's rapid growth can be attributed to its innovative software solutions that enable businesses to automate a wide range of tasks. The company's platform allows users to connect hundreds of third-party applications and APIs using a visual, node-based interface. This flexibility and ease of use have made n8n a popular choice for businesses seeking to streamline their operations and improve efficiency.
The funding round led by Accel is a significant milestone for n8n and the broader AI industry. It demonstrates the potential for AI startups to achieve rapid growth and attract substantial investment. As AI continues to become more integrated into various industries, companies like n8n will play a crucial role in driving innovation and automation.
References:
[1] https://www.bloomberg.com/news/articles/2025-08-07/accel-leading-round-for-ai-startup-n8n-at-2-3-billion-valuation
[2] https://www.weblineindia.com/blog/n8n-development-services-business-benefits/
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