Accel Leading Round for AI Startup n8n at $2.3 Billion Valuation

The venture capital firm Accel is leading a funding round for the German artificial intelligence startup n8n that would exponentially raise the valuation of the company to $2.3 billion, people familiar with the situation said.

Accel beat vying offers from several investors including Insight Partners to lead the latest round, which is expected to raise hundreds of millions of euros for Berlin-based n8n, the people said, asking not to be identified because the information is private. The $2.3 billion valuation — up from roughly $350 million just four months ago — is pre-money, representing the value of the company before ...