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Celonis has raised $1 billion from investors led by Durable Capital Partners and T. Rowe Price, valuing the maker of process mining software at $11 billion, ahead of any other private tech startups in its headquarters locations of Germany and New York.
German based software company Celonis has raised $1 billion from investors to give the company a post-fundraising valuation of more than $11 billion, extending a record-stretching series of mega funding rounds by German technology startups. Munich-based Celonis, founded a decade ago, has consistently doubled revenue from year to year and recently launched its Execution Management System product that crunches data to tackle problems and automate decision making. On top of the Series D venture round, a record for a German technology startup, Celonis said it was hiring veteran Wall Street analy...
Douglas Busvine 4 minute read German based software company Celonis has raised $1 billion from investors to give the company a post-fundraising valuation of more than $11 billion, extending a record-stretching series of mega funding rounds by German technology startups. Munich-based Celonis, founded a decade ago, has consistently doubled revenue from year to year and recently launched its Execution Management System product that crunches data to tackle problems and automate decision making. The Celonis fundraising raise follows recent bumper rounds by online stockbroker Trade Republic, online...
Getty Images We have already talked about what Execution Management Systems can do for you and why you should be paying attention to your execution capacity. Now we will dig into how you can get started with an Execution Management System by giving your people the necessary tools and mindset to start to truly unlock their execution capacity. When companies wanted to uncover their biggest business process bottlenecks before, they would have to bring in armies of analysts and consultants for a months-long process. Those consultants would try to map the process reality from subjec...
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