Signavio

Last updated
Signavio GmbH
Industry Business process management
Founded2009 (2009)
FoundersGero Decker, Torben Schreiter, Nicolas Peters, Willi Tscheschner, Mathias Weske
Headquarters
Berlin
,
Germany
Products
  • Signavio business transformation solutions
  • SAP Signavio Process Manager
  • SAP Signavio Process Intelligence
  • SAP Signavio Process Governance
Services
Owner SAP (2021-present)
Website www.signavio.com

Signavio is a vendor of Business Process Management (BPM) software based in Berlin and Silicon Valley. Its main product is Signavio Process Manager, a web-based business process modeling tool. The company was acquired by SAP in March 2021 [1] for 950 million euros. [2]

Contents

History

The company was founded by a team of alumni from Hasso Plattner Institute (HPI) in Potsdam, Germany. [3]

Prior to Signavio, the founders were involved in[ vague ] development of the world's first web modeler for BPMN at HPI. [4] This technology, known as the "Oryx project", was published under an Open Source license and served as blueprint for the Signavio Process Manager. [5] [6]

Signavio is headquartered in Berlin, Germany. [7] In 2012, the company was incorporated in the United States as Signavio Inc. with an office in Burlington, Massachusetts. [8]

On July 11, 2019, Signavio raised $177 million, led by Apax Digital (the growth equity team of Apax Partners), with DTCP. [9]

On January 21, 2021, SAP announced that it would acquire Signavio. [10] The acquisition was completed on March 5, 2021. [11]

Awards

In 2011, the German Federal Ministry of Economy and Technology named Signavio "ICT startup of the Year" [12] and selected the firm for its "German Silicon Valley Accelerator" program. [13]

References

  1. ↑ "SAP Completes Acquisition of Signavio". SAP Signavio. Retrieved 2022-12-10.
  2. ↑ "Strategieschwenk kommt SAP teuer zu stehen". www.handelsblatt.com. Retrieved 2023-10-18.
  3. ↑ "Hasso-Plattner-Institut Alumni Startups". HPI. Archived from the original on May 3, 2012. Retrieved May 2, 2012.
  4. ↑ "Alumni Fireside Chat at HPI". Hasso-Plattner-Institut. 2024-10-18. Retrieved 2025-05-19.
  5. ↑ "Oryx-Editor Google Code source" . Retrieved October 14, 2020.
  6. ↑ "Oryx Editor Github source". GitHub . Retrieved October 14, 2020.
  7. ↑ "Legal info | Signavio". Signavio | The Only All-in-One Business Process Software. Retrieved 2021-02-16.
  8. ↑ "Legal info | Signavio". Signavio | The Only All-in-One Business Process Software. Retrieved 2021-02-16.
  9. ↑ Lunden, Ingrid (2019-07-11). "Signavio raises $177M at a $400M valuation for its business process automation solutions". TechCrunch. Retrieved 2025-05-19.
  10. ↑ "SAP to Acquire Signavio". SAP News Center. 2021-01-27. Retrieved 2021-02-16.
  11. ↑ "SAP Completes Acquisition of Signavio". 5 March 2021.
  12. ↑ "Rösler prämiert erfolgreichste IKT-Unternehmensgründungen". BMWi. June 20, 2011. Archived from the original on April 1, 2012. Retrieved April 17, 2012.
  13. ↑ "Go West: The first six IT start-ups are headed for Silicon Valley from January 2012". BMWi. Nov 14, 2011. Archived from the original on February 10, 2013. Retrieved Apr 17, 2012.
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