Celonis builds process-mining software that pulls data from enterprise systems, desktops, IT, email apps and workflows to find root-cause process issues and, uniquely, attempts to automatically fix those problems without touching underlying systems. Its technology sits alongside and feeds robotic process automation (RPA) efforts by enabling task capture and remediation. The company claims over 2,500 enterprise deployments worldwide and works with roughly 10,000 consultants and 2,000 consulting firms and tech partners, including IBM, Accenture, PwC, KPMG and ServiceNow. Celonis has graduated more than 100,000 practitioners from its certification program. The startup plans to deploy new capital toward product development, customer acquisition and general market expansion. Financially, Celonis secured a large extension at a $13 billion post-money valuation and has now raised $2.4 billion in total capital. Celonis builds process-mining software that maps how work flows through organizations to identify inefficiencies and accelerate automation. The company is expanding beyond core process mining into broader automated workflow tooling and could use new capital to buy talent and functionality. It recently announced a significant partnership with IBM, including plans for IBM to train 10,000 consultants worldwide on Celonis tooling. Celonis says it has about 1,000 enterprise customers, including Uber, Dell, Splunk, L'Oréal and AstraZeneca. The company recently turned 10 and expects to reach roughly 2,000 employees by year end. Celonis also named Carlos Kirjner, formerly of Google finance, as its new CFO. Celonis provides a process-mining platform that tracks data produced by an organization’s software and how those systems operate to generate actionable insights. The platform monitors an organization’s full set of applications (from 5 to over 100) to produce an “X-ray” view used to identify efficiency gains and issues. Those insights are used by customers or consultants to recommend actions—such as deploying RPA, switching software, or reconfiguring staff—and are intended for continuous monitoring to detect new patterns. Recently Celonis has expanded into monitoring operations and customer experience, targeting a wider range of company sizes and incorporating more AI into its methods. The company says it does not plan to build RPA or other execution tools itself, preferring to focus on its core guidance layer. Celonis reports triple-digit growth, counts customers such as Siemens, Cisco, L’Oréal, Deutsche Telekom and Vodafone, and has been cash-flow positive since the start. Celonis builds process-mining software that ingests IT system logs (SAP, Salesforce, Oracle, Netsuite) to visualize how business processes actually run and to recommend incremental improvements, including where robotics process automation makes sense. The product creates a continuous improvement loop rather than a one-time fix, surfacing many small, easy-to-implement changes for customers. Customers include ExxonMobil, 3M, Merck, Lockheed‑Martin and Uber, and deals are often seven figures. The company reports 5,000% growth over four years and 300% growth in the past year, has about 400 employees, and says it has been profitable every year since founding. Management positions the software as a way to reduce dependence on expensive consultants by automating process analysis and recommendations. Celonis offers process-mining software that integrates with roughly 60 enterprise IT systems (including SAP, Oracle, Microsoft, Salesforce and ServiceNow) to analyze transaction logs in real time and surface recommendations to improve operations. The product generates dashboards and focused recommendations across functions such as procurement, supply chain, accounting, customer service and e‑commerce, and claims to improve operational efficiency by 20–30 percent for customers. It has more than 200 customers across 15 industries in 25 countries, including Siemens, KPMG, Deloitte, Bayer and Vodafone, and has a global reseller agreement with SAP to combine its tech with SAP HANA. The company can also plug into legacy systems, typically via implementation partners, and does not offer consulting services beyond training customers to use the software. Celonis has been revenue-generating and profitable for multiple years and reports roughly 4,000% growth over the prior four-year period, though it does not disclose absolute revenue figures. The company plans to use outside capital to build the market further—particularly in the U.S.—and to continue product and go-to-market investments.

Total raised

$3.0B

Funding rounds

6

Latest round

Series D

Latest activity

Aug 2022