Minit provides process mining software that gives enterprise customers insight into complex processes such as order-to-cash, procure-to-pay, customer journey and service delivery, and pinpoints inefficiencies, bottlenecks and compliance violations. The platform highlights opportunities for continuous process improvement and helps identify root causes to maximize operational efficiency. Minit is used to drive ROI in Robotic Process Automation projects and works with dozens of Fortune 500 and 1000 customers, including Stora Enso, Swiss‑Re and BDO. Founded in 2017 and led by CEO Rastislav Hlavac, the company has offices in London, Eindhoven and Bratislava. In October 2019 Minit raised €7M in a Series A round. The company plans to use the funds to add predictive analytics, simulations and Minit Cloud and to expand into new markets including the US. Minit develops Process Mining Software that visualizes how complex business processes really happen to provide transparency on how they can be improved. The software enables companies to improve manufacturing, sales and financial processes, spot inefficiencies, identify bottlenecks, and uncover optimization points. Minit automatically analyzes process data from logs created by enterprise applications such as ERPs (SAP, Oracle, Microsoft), CRMs (Salesforce) and customer service systems (ServiceNow). The company raised €3.3m in venture capital funding. It plans to use the proceeds to build its sales, R&D and consultancy staff and to facilitate expansion into global markets. Minit is led by CEO Rasto Hlavac.

Total raised

$11M

Funding rounds

2

Latest round

Series A

Latest activity

Oct 2019