 | |
| Company type | Private company |
|---|---|
| Industry | Enterprise software, cloud computing, SaaS |
| Founded | 2011 [1] |
| Founders | [2] |
| Headquarters | |
Number of locations | 17 (2021 [2] ) |
Area served | Worldwide |
Number of employees | 3,000+ [2] |
| Website | celonis |
Celonis SE is an American-German data processing company that offers software as a service (SaaS) to improve business processes. [4] It is headquartered in Munich, Germany and New York, United States. [5] [3] [6]
Celonis was founded in 2011 by Alex Rinke, Bastian Nominacher, and Martin Klenk as a spin-off from the Technical University of Munich (TUM). [1] In 2012, Celonis joined the SAP Startup Focus program, [7] an accelerator for analytics startups building new applications on the SAP HANA platform. [8]
In July 2015, Celonis signed a reseller agreement with SAP. [9] Celonis has since been offered by SAP as Celonis Process Mining by SAP. [10] Celonis was the first company from the SAP Startup Focus program to sign a reseller agreement with SAP. [11]
In June 2016, Celonis received $27.5m in series A funding led by 83North and Accel. [12]
In June 2018, Celonis received a further $50m in series B funding at a valuation of $1bn. The funding round was led by 83North and Accel. [13]
In November 2019, Celonis closed $290m in series C funding at a valuation of $2.5bn. [14]
In June 2021, Celonis raised a $1bn series D investment at $11bn valuation, becoming New York’s and Germany’s most valuable startup as per Forbes. [15]
In August 2022, it is announced that Qatar's sovereign wealth fund Qatar Investment Authority has joined Celonis as the leader of the US$400 million Series-D expansion, which was already completed in June 2021, in the amount of US$1 billion, bringing the company's valuation to around US$13 billion. [16]
In April 2019, Celonis bought the Belgian software company Banyas for an undisclosed amount. [17] Banyas technology was integrated into the Celonis platform to enable real-time connectivity to SAP. [18]
In October 2020, Celonis acquired Czech software startup Integromat.com for "over $100M". [19] Integromat, which has since changed its name to Make, [20] sells an integration platform (iPaaS). [21]
In October 2021, Celonis acquired Lenses.io, a London/Athens-based software company with over 100 employees that specializes in real-time streaming data tools. [22]
In March 2022, Celonis acquired the Darmstadt-headquartered Process Analytics Factory GmbH (PAF), a company that provides process mining insights within the Microsoft Power Platform, for $100 million. [23] [24]
In October 2020, Celonis launched its Execution Management System (EMS), [25] a process analysis tool. [26]
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