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 allows enterprise teams to create self-service applications, thereby accelerating service delivery and enhancing accuracy for internal stakeholders. Its no-code approach democratizes application development, making it accessible to non-technical users. BRYTER's client roster includes global brands across various sectors, such as consumer industries (McDonalds), financial services (ING), and professional services (Deloitte, PwC, KPMG), all leveraging the platform to digitize their service offerings.
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 Accel, Notion Capital, Mike Chalfen, and Dawn Capital
Series B (2021): $66M led by Ulf Zetterberg, Tiger Global, James Fitzgerald, Amit Agharwal, Notion Capital, Accel, Dawn Capital, Lars Björk, and Cavalry Ventures
Key Investors in BRYTER
Notion Capital
Notion Capital is a venture capital firm based in London that specializes in early-stage investments in B2B SaaS and cloud services across Europe. They provide capital and support to help ambitious companies scale their ventures.
Dawn Capital
Dawn Capital is a venture capital firm focused on backing European business software companies. They partner with founders early in their journey, offering deep sector expertise to support global scaling.
Tiger Global
Tiger Global is an investment firm known for its significant backing of technology companies. While specific details on their focus for BRYTER are not provided, their involvement suggests a belief in the company's high-growth potential.
What's next for BRYTER?
The recent major strategic investment in BRYTER signals a strong validation of its business model and market potential. This capital infusion is expected to fuel further expansion, likely focusing on enhancing its platform capabilities, broadening its market reach, and potentially exploring new industry verticals. The company's remote-first structure, with established offices in key global hubs like New York, London, Frankfurt, and Berlin, positions it well for continued international growth and talent acquisition. BRYTER's focus on empowering business experts through no-code solutions aligns with broader digital transformation trends, suggesting a robust future for scaling its operations and solidifying its position as a leader in the enterprise automation space.
See full BRYTER company page
