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Fortune
Fortune
Emma Hinchliffe, Nina Ajemian

B2B tech startup Creatio is the latest female-founded unicorn

Creatio CEO Katherine Kostereva in her office (Credit: Lane Turner—The Boston Globe/Getty Images)

Good morning, Broadsheet readers! Only a fraction of CEOs worldwide are women, Aetna is the first major health insurer to include IUI in its coverage, and a female founder sought the marketing benefits of being called a unicorn. Have a wonderful Wednesday!

- Unicorn watch. For seven years, founder Katherine Kostereva bootstrapped her tech startup Creatio. She focused on building a no-code platform that automates workflow and serves as a customer relationship management tool for knowledge workers from her company's home base in Boston.

Despite building a tech startup, she didn't raise venture capital funding in the early years. She finally did in 2021 and went further in June with a $200 million fundraise that turned Creatio into a unicorn valued at $1.2 billion. Investors in the newest female-founded unicorn included Sapphire Ventures, StepStone Group, Volition Capital, and Horizon Capital.

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