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Catalytic Reports 2020 Growth, Kicks Off 2021 with Strategic Investment from In-Q-Tel

The no-code platform company's successes from 2020 and plans for continued momentum in 2021.

January 26, 2021 (Chicago) – Catalytic, the no-code workflow automation platform for efficient and digitized operations, today announced successes from 2020 and plans for continued momentum in 2021.

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The workplace experienced profound changes last year with widespread distributed and remote work, and Catalytic innovated its products and services to ensure digital agility for its customers amid the new business climate. For example, the platform enabled Grant Thornton to create a pandemic risk assessment tool with tailored resiliency plans and Allegis Global Solutions reduced project management office escalations by 65% through automated workflows centered around improving customer experience.

"Adopting Catalytic last year has been a game changer for our team. We've achieved efficiencies through Catalytic because it enables our business users to create digital workflows and implement automation without needing to tap an engineer," said Ashely Triestram, Director of Operations at FourKites, the #1 predictive supply chain visibility platform. "Engineering resources are so valuable, so Catalytic's no-code platform helps us solve problems while keeping our engineers focused on other critical projects."

Last year’s product enhancements focused on three key areas: citizen development, operational intelligence and governance. Features such as workflow templates, collaborative web form tables, and streamlined building capabilities made Catalytic more accessible, productive and powerful for a wider user base. Catalytic also rolled out its Workflow Insights feature, which automatically leverages operational data to drive continuous improvement. The enhancements Catalytic made to versioning and data governance as well as publication controls enables IT to strike the right balance between control and empowerment.

Through its strong partnerships with customers and relentless focus on innovation, user data demonstrates the strong growth and adoption Catalytic saw in 2020:

  • Activity on the Catalytic platform increased by more than 4x in 2020, driving significant improvements to experience and efficiency.

  • Catalytic returned 1 million hours of work to its customers, which enabled organizations to devote more time to innovation, customer experience and employees’ increasing needs.

  • Citizen developers - individuals who are not developers - tripled the number of workflows built on the Catalytic platform driven by upskilling initiatives and our new Academy initiative.

 

To support continued momentum, Catalytic expanded its leadership team by appointing Sean Weber as Vice President of Customer Success in early 2020 and Jamie Delgado as Vice President of Sales in January 2021. “Adding Sean to our talented team last year greatly enhanced our customer success methodology, and I’m thrilled to have Jamie join us as we look to continue growing our customer roster in 2021,” said Sean Chou, CEO and co-founder of Catalytic. “Expanding our leadership team and continuing to invest in our people sets us up for success this year, and we’re looking forward to continuing to help our customers reach their digitization goals.”

Catalytic’s new ventures in 2021 will be fueled in part by an investment from In-Q-Tel (IQT), the not-for-profit strategic venture capital firm that accelerates the development and delivery of cutting-edge technologies to U.S. government agencies that keep our nation safe. 

“Catalytic’s platform is designed for flexibility and ease of use, making their solution well suited for automating workflows in the diverse operating environments of the U.S. intelligence and defense communities," said Brinda Jadeja, Senior Partner, Investments at In-Q-Tel. "Their no-code platform makes it possible for a wide range of users to automate time-consuming, complex workflows, increasing speed and efficiency while freeing up time to focus on mission critical responsibilities.”

The IQT investment also represents Catalytic’s expansion into the government sector. Catalytic aims to enhance federal, state and local governments’ efforts to expand services, better engage citizens and improve internal processes. As part of its expansion, Catalytic will launch an on-premise version of its platform in 2021, which is ideal for safeguarding the Intelligence Community’s data.  

“We continue to tailor our platform for specific industries, and the public sector is no exception. Our solutions can be leveraged by users at all levels within government agencies, and we’re looking forward to delivering solutions for the public sector’s unique technology challenges,” said Chou. “In addition to our public sector expansion, Catalytic will remain focused on product innovation through more advanced governance capabilities and rolling out the on-premise version of our platform. We also know how important upskilling and reskilling is to our customers, so we will be releasing an interactive virtual learning experience dedicated to helping our platform users improve their no-code and low-code skills.”


To learn more about Catalytic, please visit: www.catalytic.com/.

 

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About Catalytic

Catalytic is the no-code workflow automation platform for citizen developers to digitize business operations, making work faster and more efficient—without friction or heavy development. Combine hundreds of modular capabilities designed to coordinate tasks, connect with your existing systems, and let automation and AI complete the rest.

It’s the only cloud platform created for citizen development, balanced with governance—and above all—with people in mind. The web-based interface is business-user friendly for instant setup, rapid building and agile changes. At the core is a self-managing, intelligent data layer driving it all forward for powerful processing, visibility and a low-maintenance, dynamic infrastructure.

Companies ranging from global powerhouses like Bosch, Grant Thornton and UL, to nimble startups like Spikeball have embraced Catalytic to do more with less, while overcoming years-long obstacles and reinvesting in their workforce. To learn more, visit www.catalytic.com.