Berlin-based N8n’s valuation has jumped as VCs bid for a stake in the agentic AI startup’s Series C funding round, sources say.
N8n, which automates workflows for enterprises, is one of the hottest in a new wave of agentic AI startups. The company is said to be in talks with multiple VCs as it looks to raise fresh funds, just four months on from a €55m Series B in March.
The number of term sheets sent for the startup’s current raise is now into double figures as investors jockey for a spot in the round, according to multiple sources familiar with the talks.
The valuation offered by VCs has risen north of $2bn in many bids — an increase on the $1.5bn offered earlier this week, say those sources.
Previous investors in the startup include Felicis, Sequoia, Firstminute Capital, Highland Europe and HV Capital.
The fresh funding could reach upwards of $100m, according to an article from the Financial Times. The publication also reported that the startup generated about $40m in annual recurring revenues (ARR), citing people familiar with the fundraising talks.
N8n did not respond to requests for comment.
Investors flock to Europe’s AI applications
The Berlin-based startup is building a platform which can implement AI agents in enterprises and connect the data sources and apps they use.
The company said it had more than 3,000 enterprise customers and roughly 200k active users when it last raised four months ago. Customers include Vodafone, Delivery Hero and Microsoft, according to its website.
N8n is part of a wave of European startups building AI applications — tools that are built around frontier models created by other providers like OpenAI and Anthropic — that have raised big in recent months.
Sweden’s Lovable, as well as UK-based Synthesia, ElevenLabs and Xelix have all picked up upwards of $150m in 2025.
In total AI-native startups in Europe have picked up €3.7bn so far this year, according to Sifted data — already topping the €3.4bn invested across the whole of last year.
Some investors are already cashing out. German startup Cognigy, which uses conversational and agentic AI to improve customer service, was acquired for almost $1bn by US customer service giant NiCE on Monday.
Read the orginal article: https://sifted.eu/articles/n8n-2bn-valuation/
