N8n, the Berlin-based startup which helps businesses automate tasks, has more than doubled its valuation to $5.2bn in less than a year following a strategic investment from German software giant SAP, it said today.
SAP’s investment in n8n comes courtesy of an n8n secondary share sale, which brings SAP to the n8n cap table for the first time. SAP was the only new investor taking part in the secondary share sale, which values n8n at more than double its previous valuation, jumpring from $2.5bn to $5.2bn in less than a year, n8n said. N8n did not disclose further details about how much SAP had invested in n8n.
N8n calls itself an “AI orchestration platform”. Its tech allows businesses to connect hundreds of different apps and services and automate many business tasks, including integrating large language models, as well as leveraging AI agents to simplify business tasks.
Alongside the investment, n8n and SAP have struck a multi-year commercial deal. This will see n8n being available inside SAP’s AI agent offering, called Joule Studio, which allows users to create and manage their own AI agents. This will mean that instead of switching between different apps, developers can build complex AI workflows within SAP using n8n’s canvas.
