Felicis is a venture capital firm that invests in early stage companies reinventing core markets and creating frontier technologies. Based in California, the firm manages over $3bn in capital across nine funds.
The Series B round was led by N47 with participation from Felicis, Northzone, Gradient, and Italian Founders Fund.
"Every other enterprise software category has been transformed by AI, but the tools managing the world’s largest workforce are still fundamentally the same systems that were built 20 years ago. We had a ten-year plan. AI made it a one-year plan"
The round was led by Growth Equity at Goldman Sachs Alternatives and values the company at $1.1bn.
"By connecting people to the AI, data, and systems they need to do their best work, the opportunity before us at Tines is to become the universal orchestrator of modern, secure workflows across the enterprise. This new round will help us realise that opportunity."