We’re Proud to Welcome Pipefy to the OpenView Family
We are thrilled to welcome Pipefy to the OpenView family with the announcement of their $16M Series A financing. Founded in 2014 and led by Alessio Alionco, Pipefy provides no-code business process management software to help teams of all sizes at companies like Accenture, IBM, and Santander streamline and standardize their daily back-office workflows.
Whether you’re requesting vacation days, seeking purchase approvals, closing the books, or onboarding new employees and customers, every employee follows processes in order to achieve desired outcomes in line with their business strategies. With so many possible users and use cases, it’s no surprise that the business process management (BPM) software market has produced giants.
These players have seen success by taking the traditional top down approach to BPM, with operations departments observing, mapping, and then distributing processes back to functional units to ensure they’re carried out via the software solution. However, this process itself is slow and expensive, requiring executive buy-in and IT consultants to customize and implement solutions that are difficult for end users to adopt.
OpenView’s Brandon Deer and Dan Demmer (outside) with Pipefy Founder & CEO Alessio Alionco (left) and Felipe Engelhardt de Carvalho, Director of Customer Operations.
Pipefy has turned the traditional top down approach on it’s head by enabling the business user to quickly download and begin utilizing their software in real-time, instead of waiting for a centralized operations team. Companies and teams see rapid adoption which they attribute to a familiar interface and a set of robust off-the-shelf integrations and public API. With so many integrations, Pipefy allows users to set clear execution standards for every step of each process and automates many of their tasks across various business systems. As users continue, Pipefy acts as a natural orchestration layer that ensures workflow compliance across systems, geographies, and business units while enabling everyone to more easily perform their duties.
At OpenView, our mission is to improve people’s working lives. Pipefy has already impacted tens of thousands of people to that end, and we could not be more excited to help the team standardize and streamline daily workflows for everyone who leverages technology in their jobs.
Congratulations to the Pipefy team and welcome to the OpenView family!
OpenView invests at the expansion stage – the challenging growth period between seed and series C – when the stakes are high and decisions need to be made quickly. Meet our newest portfolio companies here.