Signavio offers a cloud-native Business Transformation Suite that helps customers mine, model, monitor, manage and maintain business processes, positioning itself within the broader process automation and RPA ecosystem. The company’s Process Manager originated from research at the Hasso Plattner Institute and is used alongside RPA vendors such as Blue Prism, UiPath and Automation Anywhere. Signavio reports more than one million users across 1,300 customers, including SAP, DHL, Liberty Mutual, Deloitte, Comcast and Puma. Revenues grew by more than 70% in the last 12 months, reflecting rapid adoption. The company plans to use new funding to accelerate international expansion and to invest further in its technology suite. Signavio also counts Silicon Valley as a second headquarters in addition to its Berlin origins. Signavio offers the Signavio Business Transformation Suite, including the Stevie Award-winning Signavio Process Manager and Signavio Process Intelligence, as a cloud-based platform for process modeling, analysis and optimization. Its products emphasize collaborative process design and automated business process discovery (process mining) to convert digital transaction traces into actionable insights. The company reports over 1 million users across more than 1,000 companies and a customer churn rate below 2%. Signavio grew 90% in 2017 and expanded from three to eight offices while increasing staff from 75 to 230 over two years. The management team has been strengthened with hires from Hybris/SAP, Box, Gartner, OpenText, and Salesforce. Signavio plans to use new funding to continue expanding its international presence and accelerate adoption of its Business Transformation Suite. Signavio provides cloud-based software to design, implement and manage complex processes, decisions and workflows. Its product suite includes Process Editor, Decision Manager and Effektif, forming an intuitive, collaborative process transformation platform. The company serves over 750 corporations, businesses, and organizations across industries ranging from manufacturing to financial services. Signavio combines professional BPM and BDM capabilities with cloud-based collaboration and open-standards architecture. The company plans to expand its international footprint, continue product innovation, and strengthen sales and service capabilities worldwide. Financially, Signavio announced a completed €31 million minority investment from Summit Partners to fuel growth; further details of the transaction were not disclosed.

Total raised

$230M

Funding rounds

3

Latest round

Equity

Latest activity

Jul 2019