Celonis
German software company
From Wikipedia, the free encyclopedia
Celonis SE is a German data processing company that offers software as a service (SaaS) to improve business processes.[4] It is headquartered in Munich, Germany with a secondary[5] headquarters New York, United States.[6][3][7]
| |
| Type | Private company |
|---|---|
| Industry | Enterprise software, cloud computing, SaaS |
| Founded | 2011[1] |
| Founders | [2] |
| Headquarters | |
Number of locations | 17 (2021[2]) |
Area served | Worldwide |
Number of employees | 3,000+ [2] |
| Website | celonis |
History
Celonis was founded in 2011 by Alex Rinke, Bastian Nominacher, and Martin Klenk as a spin-off from the Technical University of Munich (TUM).[1] Previously, the three had jointly analyzed the internal service processes of the broadcasting organization as part of several consulting projects at Munich’s largest student consulting firm (“Academy Consult”) for Bayerischer Rundfunk. [8] In 2012, Celonis joined the SAP Startup Focus program,[9] an accelerator for analytics startups building new applications on the SAP HANA platform.[10]
In July 2015, Celonis signed a reseller agreement with SAP.[11] Celonis has since been offered by SAP as Celonis Process Mining by SAP.[12] Celonis was the first company from the SAP Startup Focus program to sign a reseller agreement with SAP.[13]
Funding
In June 2016, Celonis received $27.5m in series A funding led by 83North and Accel.[14]
In June 2018, Celonis received a further $50m in series B funding at a valuation of $1bn. The funding round was led by 83North and Accel.[15]
In November 2019, Celonis closed $290m in series C funding at a valuation of $2.5bn.[16]
In June 2021, Celonis raised a $1bn series D investment at $11bn valuation, becoming New York’s and Germany’s most valuable startup as per Forbes.[17]
In August 2022, it is announced that Qatar's sovereign wealth fund Qatar Investment Authority has joined Celonis as the leader of the US$400 million Series-D expansion, which was already completed in June 2021, in the amount of US$1 billion, bringing the company's valuation to around US$13 billion.[18]
Acquisitions
In April 2019, Celonis bought the Belgian software company Banyas for an undisclosed amount.[19] Banyas technology was integrated into the Celonis platform to enable real-time connectivity to SAP.[20]
In October 2020, Celonis acquired Czech software startup Integromat.com for "over $100M".[21] Integromat, which has since changed its name to Make,[22] sells an integration platform (iPaaS).[23]
In October 2021, Celonis acquired Lenses.io, a London/Athens-based software company with over 100 employees that specializes in real-time streaming data tools.[24]
In March 2022, Celonis acquired the Darmstadt-headquartered Process Analytics Factory GmbH (PAF), a company that provides process mining insights within the Microsoft Power Platform, for $100 million.[25][26]
In 2025, Celonis debuted at No. 3 on the Fortune Future 50 list, recognized among the world's most promising companies poised for long-term growth.[27] As of 2026, the company had raised a total of approximately $1.77 billion in funding and was valued at an estimated $11–13 billion. Celonis was widely regarded as an IPO candidate, with a listing expected in 2026 as the company focused on profitability and platform expansion ahead of a potential public listing in the United States.[28]