Accel Leads $12m Series A for Process Street’s No-Code Workflow App

Accel Leads $12m Series A for Process Street’s No-Code Workflow App process.st/series-a-accel-atlassian-salesforce February 27, 2020

Read more about this announcement on Crunchbase and Forbes.

I’m very proud and excited to announce that Process Street has raised a $12M Series A from Accel, 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.

The Process Street story so far Process Street started as an internal tool to document and track simple checklist-based processes.

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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.

Process Street cofounders. Left: Cameron McKay, CTO. Right: Vinay Patankar, CEO.

We’ve grown that simple tool into a fully-fledged no-code workflow builder with an easy-touse interface that can handle almost any type of business process, from client implementation to employee onboarding and content approvals.

We are proud to service over 450,000+ registered users including enterprise customers like Colliers, Accenture, Spotify and Airbnb, as well as institutions like Columbia University and Johns Hopkins University.

Process Street continues its distributed roots as a fully remote team with 45 members spread 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?

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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.

Our customers integrate with hundreds of different SaaS products, but Salesforce, Trello and Jira are 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.

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Many thanks, Vinay Patankar, CEO. Salesforce Ventures Salesforce is the global leader in Customer Relationship Management (CRM), bringing companies closer to their customers in the digital age. Salesforce Ventures, the global investment arm of Salesforce, invests in the next generation of enterprise technology that extends the power of the Salesforce Platform. Salesforce Ventures is building the world’s largest ecosystem of enterprise cloud companies and extending that technology to customers. Portfolio companies receive funding, strategic advisory and operating support, and can easily join Pledge 1% to make giving back part of their business model. Salesforce Ventures has invested in more than 375 companies, including DocuSign, GoCardless, Guild Education, nCino, Twilio, Zoom and others across 22 countries since 2009. For more information, please visit www.salesforce.com/ventures.

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