Yes, it’s time for unicorn news from Europe! Looks like the second European unicorn of 2025 after Neko Health! Tines, a Boston- and Dublin-headquartered AI-powered workflow automation startup, has secured $125 million in Series C funding. This round values the company at $1.125 billion, making it a unicorn.
The round was led by Growth Equity at Goldman Sachs Alternatives, with new investors SoftBank Vision Fund 2 and Activant joining existing backers Accel, Felicis, CrowdStrike Falcon Fund, and Addition. This latest financing follows a $50 million Series B extension in May 2024 and Tines’ total funding to $272 million.
With this new capital, Tines aims to accelerate product innovation, particularly in integrating AI and large language models (LLMs) into enterprise workflows, while ensuring robust privacy, compliance, and security safeguards.
Born from frustration
Tines was founded in 2018 by former security engineers Eoin Hinchy and Thomas Kinsella, who were frustrated with the repetitive, manual work in cybersecurity. They built Tines as a no-code automation platform to streamline security operations—before realising it could revolutionise workflows across IT, DevOps, and beyond.
Empowering enterprises with smarter workflows
It is building a future where technology empowers businesses and people to work smarter and more securely. It has rapidly become a mission-critical tool for companies looking to automate complex workflows, enhance security operations, and drive efficiency.
Tines recently launched native AI features and Workbench, a generative AI chat interface that enables users to query, gather and analyse information, take real-time action on data across applications, and determine next steps.
The platform’s impact is staggering as it claims to automate over one billion tasks per week, a threefold increase in just the past year.
“IT and Security teams continue to face a deluge of manual and tedious tasks, and too often traditional automation tools further weigh them down instead of lifting them up,” said Tines CEO Eoin Hinchy. “By connecting people to the AI, data, and systems they need to do their best work, the opportunity before us at Tines is to become the universal orchestrator of modern, secure workflows across the enterprise. This new round will help us realise that opportunity.”
Customer base
While Tines is now widely used across industries, its first major customer was a Fortune 10 company that quietly adopted the platform to automate its security workflows. Today, major names like Coinbase, Databricks, and CrowdStrike rely on Tines to streamline IT and security processes, reduce manual workloads, and improve operational resilience.
Focuses on privacy
Unlike many automation platforms that require data sharing with third parties, Tines lets companies store and process data entirely on their own infrastructure, ensuring complete control over sensitive information. This focus on security and compliance has been a game-changer for industries with strict regulations, such as finance and healthcare.
What’s next for Tines?
With its fresh funding, Tines is doubling down on AI innovation, ensuring enterprises can seamlessly integrate automation into their existing systems while meeting the highest security and compliance standards. As businesses worldwide race to adopt AI, Tines is positioning itself as the go-to platform for scalable, intelligent automation.
The company has the potential to shape the future of how enterprises work – smarter, faster, and more securely.
“Generative AI is the next frontier of enterprise technology, driving significant productivity gains across multiple business functions. With a focus on building secure workflows at scale, Tines will play a critical role in providing the underlying infrastructure required to drive widespread adoption of AI across organisations,” said Alexander Lippert, Managing Director in Growth Equity at Goldman Sachs Alternatives. “We’ve been highly impressed with the Tines management team and believe they are uniquely positioned to build a global leader in enterprise automation.”
“Since its founding in 2018, Tines has demonstrated exceptional growth by staying laser- focused on delivering tangible value to customers and building solutions tailored to their evolving needs,” said Amit Lubovsky, Investment Director at SoftBank Investment Advisers.
