Celonis

About The Fund

Celonis is recognized as a leader in the field of process mining, which involves discovering, monitoring, and improving real processes by extracting knowledge from event logs readily available in today's information systems. They offer an end-to-end process mining product suite, the Celonis Process Intelligence Platform, delivering a comprehensive set of capabilities that include AI development, process analysis, and improvements, as well as process management. The platform is employed by enterprises across various industries such as banking, consumer goods, healthcare, high tech, insurance, life sciences, manufacturing, and many others to enhance process excellence, finance and shared services, supply chain optimization, IT operations, sustainability goals, and workforce productivity. Celonis focuses on key departments like accounts payable, accounts receivable, inventory management, order management, and procurement with the aim of enabling operational efficiency. Their investment thesis revolves around funding software, web marketplace, SaaS, and business solution startups, along with consumer-oriented enterprises. They exhibit a strong commitment to early-stage businesses by offering seed, Series A, and Series B investments, with the minimum investment size being $100,000, a maximum of $5,000,000, and a sweet spot investment around $1,500,000. The Celonis website highlights its proprietary platform's role in promoting a shared understanding of business operations and the potential improvements that can make processes work more effectively for people, companies, and the planet. Furthermore, Celonis has expanded internationally with over 3000 employees in offices around the world, a valuation of $13 billion, a history of substantial funding rounds, and a vision to make the world more efficient by eliminating system and process inefficiencies.