Why We Invested · Accel
Investment thesis
Accel believes the SOAR category is early in its development and Tines is well-positioned to become a prominent brand.
We believe SOAR as a category is just getting started, and Tines’ product positions them well to quickly become a household brand in the space.
Product
Tines requires no development skills and enables teams to build flexible automation workflows that mirror enterprise processes.
However, Tines was architected to be extremely easy to use - no development skills required, and incredibly flexible. This allows teams to create automation stories that mirror even the most nuanced processes within their enterprise.
Tines' flexible platform extends beyond security into IT, DevOps, and HR use cases.
While security operations is the insertion point, Tines’ flexible architecture means that it can easily be extended to functions outside of security. Their customer uses cases already span IT, DevOps, and HR.
Traction
Tines signed enterprise customers including Auth0, Box, and McKesson within less than a year of product launch.
Tines launched its product less than a year ago and has already signed up some of the most security-savvy enterprises in the world as customers, including Auth0, Box, and McKesson.
Investment context
Accel led a Series A investment round in Tines.
We believe this market is primed for growth, so today we’re excited to announce our Series A investment into Tines.
What founders can learn
- The traction evidence that carried weight: Accel wrote that Tines signed enterprise customers including Auth0, Box, and McKesson within less than a year of product launch.
Source and provenance
Why We Invested published by Accel on accel.com (first-party source). Read the original
