The automation of the process. AirSlate Ukrainian startup raises $40 million

Startup workflow automation airSlate announced raising $40 million investment from Morgan Stanley Expansion Capital, General Catalyst and HighSage Ventures. Attracting investment the company will expand product functionality and access to new markets.

“Now, more than ever, we are seeing huge demand from businesses of any size, from very small to large, which for the development of businesses need flexibility and efficiency of the platform without code airSlate,” said SEO airSlate Boris Shakhnovich.

The company said that the funding will be used to increase sales to $100 million in 2021 with an emphasis on expanding product functionality and integration of additional use cases. In addition, the company will invest in marketing and expansion into new international markets.

airSlate — SaaS-company, the main product which is a service for workflow automation, which allows non-technical users to translate their business processes into a digital format using cloud services. The startup was founded in Donetsk called PDFfiller, but after the war he moved to Kiev and later rebranded, securing title to relevant today.