Bryte Raises $16 Million In Series A Funding

by Alok Kumar

Bryter, a developer of no-code automation platform that enables global organizations to build business applications, virtual assistants, chatbots, self-service applications, and other intelligent automation tools, raised $16 million in Series A funding. 

Accel, formerly known as Accel Partner, a venture capital firm, and Dawn Capital, a venture fund focused on the sectors of enterprise software and fintech, co-led the financing round, with participation from existing investors Notion Capital and Mike Chalfen of Chalfen Ventures.

In the past 35+ years, Accel has backed several innovative technology companies, including Arista, Atlassian, Braintree, Celonis, CrowdStrike, Deliveroo, DJI, Dropbox, Etsy, Facebook, Flipkart, Freshworks, Jet, Kayak, Lynda.com, Qualtrics, Rovio, Slack, Spotify, Supercell, Swiggy, Tenable, UiPath, and Venmo.

Bryter works with professional service firms, banks, law firms, corporates, public bodies, healthcare, and industrial enterprises to digitize and scale their services. The company says it has over 50 customers, including McDonald’s, Telefonica, BakerMcKenzie, TaylorWessing, PwC, KPMG, and Deloitte.

The new funds will support the company’s international expansion, particularly in the U.S. The company will further invest in supporting the global adoption of its platform across the existing customer base.

Founded in 2018, Bryter raised over $22 million to date, including a $6 million funding round in 2019, led by Accel and Notion Capital.

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