🏆 Deal of the Month · April 2021
Bryter raised USD 66 million in a Series B round in April 2021; the company's valuation was not disclosed. The round was co-led by Accel and Tiger Global, with participation from existing backers Dawn Capital, Notion Capital, and Cavalry Ventures.
Bryter — key deal facts
| Company | Bryter |
| Founded | 2018 |
| Headquarters | New York, United States |
| Amount raised | USD 66M |
| Valuation | Valuation Remains Undisclosed |
| Round | Series B |
| Investors | Accel (https://www.accel.com/) Tiger Global (https://www.tigerglobal.com/) Dawn Capital (https://dawncapital.com/) Notion Capital (https://notion.vc/) Cavalry Ventures (https://cavalry.vc/) |
| Sectors | FinTech |
Who invested in Bryter?
The investor syndicate spans Accel, Tiger Global, Dawn Capital, Notion Capital, and Cavalry Ventures. The combination of Accel and Tiger Global as co-leads is notable: it pairs a specialist enterprise-software investor with a high-velocity growth fund, signalling confidence in both Bryter's product depth and its potential to scale rapidly into the US market. Dawn Capital and Notion Capital, both returning investors, provided continuity with earlier funding rounds.
What does Bryter do?
Bryter is a no-code app builder and AI productivity suite founded in 2018 by Michael Grupp. The platform enables business experts in law, compliance, accounting, and finance to automate complex, recurring decisions without writing code. Its core products include BRYTER Workflows, a no-code process-automation platform, and BRYTER Extract, an AI tool for contract review, research, and drafting. Although closely associated with LegalTech, Bryter serves enterprise FinTech clients such as ING Banking Group and operates as a remote-first company headquartered in New York, with office hubs in London, Frankfurt, Berlin, Boston, and Paris.
Bryter valuation & multiples
Explore the benchmarks: Series B.
Frequently asked questions
How much did Bryter raise in its Series B?
Bryter raised USD 66 million in its Series B round in April 2021.
What is Bryter's valuation?
Bryter's valuation was not disclosed in connection with its Series B round.
Who invested in Bryter?
The Series B was co-led by Accel and Tiger Global, with Dawn Capital, Notion Capital, and Cavalry Ventures also participating.
When was Bryter founded and where is it based?
Bryter was founded in 2018 and is headquartered in New York, United States.
Source: original announcement — read the full report.