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Celonis

Celonis SE is a German multinational software corporation specializing in process mining and process intelligence, offering a cloud-based platform that leverages artificial intelligence (AI) to analyze, visualize, and optimize enterprise business processes by extracting data from IT systems such as ERP and CRM. Founded in 2011 as a spin-off from the Technical University of Munich by co-founders Alex Rinke, Bastian Nominacher, and Martin Klenk, the company originated from an academic project aimed at bringing process mining technology from research into practical business applications. Headquartered in , , with additional major offices in and global operations across more than 20 countries, Celonis employs over 3,000 people and serves more than 5,000 customers, including companies like , , and . The company's mission is to make processes work for people, companies, and the planet by empowering organizations to identify inefficiencies, automate workflows, and drive sustainable value through data-driven insights. At the core of Celonis's offerings is the Celonis Process Intelligence Platform, a solution that combines with capabilities to provide visibility into operational processes, enabling continuous improvement and execution management. Launched initially as an on-premises tool, the platform transitioned to the in 2018, facilitating scalable adoption and integration with enterprise systems for enhanced -driven decision-making. Under the leadership of co-CEOs Alex Rinke and Bastian Nominacher, with Martin Klenk as CTO, Celonis has achieved unicorn status and a valuation exceeding $13 billion as of 2022, fueled by significant venture funding rounds totaling over $1 billion from investors including Accel and 83North. The has garnered numerous accolades, including being named No. 3 on the 2025 Future 50 list for its innovative growth in enterprise , recognition as a Leader in the 2025 for Platforms for the third consecutive year, and the Company of the Year at the 2025 Breakthrough Awards. Additionally, Celonis received the German President's Award in 2019 as the first to earn this honor for economic and technological impact. In recent years, particularly highlighted at its annual Celosphere 2025 event, Celonis has emphasized advancements in enterprise , reporting that over 120 customers—termed "Value Champions"—have realized more than $10 million each in improvements, contributing to a total of $8.1 billion in unlocked value across its ecosystem. This focus on and integration positions Celonis as a key player in transforming global business operations amid digital acceleration.

Overview

Company description

Celonis SE is a multinational software company specializing in and AI-driven process intelligence to optimize business operations. The company provides tools that enable organizations to analyze, monitor, and enhance their operational processes by extracting insights from event data across IT systems. Founded in 2011 as a spin-off from the , Celonis originated from academic research in technology. Headquartered in , , the company operates globally with additional offices in locations such as , serving clients across various industries. Celonis delivers its solutions through a software-as-a-service () model, offering Execution Management Systems that integrate with enterprise applications to identify inefficiencies and drive process improvements. As of 2025, Celonis employs over 3,000 people worldwide. The company's mission centers on leveraging AI and process mining to connect processes, teams, and business outcomes, thereby unlocking efficiency and capacity for organizations.

Leadership

Celonis is led by a team of co-founders and seasoned executives focused on advancing process intelligence through AI-driven innovations and sustainable business growth. The company operates under a co-CEO structure, with Alexander Rinke and Bastian Nominacher serving as co-CEOs since the company's inception. Rinke, who holds a background in business administration from the , drives the product vision, steering global strategy and emphasizing and educational access. Nominacher, also a TUM alumnus with expertise in finance and , oversees operations and growth, including responsibilities for EMEA and APAC regions, finance, HR, security, and overall business strategy. As and co-founder, Martin Klenk leads technological development, with a focus on integrating into to enhance efficiency and decision-making. Klenk, another TUM graduate, has guided Celonis from its prototype stage to pioneering object-centric and the Process Intelligence Graph, enabling -powered applications for complex workflows. In August 2023, Carsten Thoma was appointed to bolster and sustainable growth, overseeing corporate strategy, marketing, platform ecosystem, culture, and Celonis Labs. Thoma's role centers on scaling disruptive technologies to optimize processes for environmental and operational efficiency. In February 2025, Ashling Kearns was appointed as Global Go-to-Market , expanding her existing role as Senior Vice President of Marketing, managing marketing, , sales enablement, and customer programs, and to align functions for accelerated growth and customer value realization through Process Intelligence and . Celonis, as a , maintains a that includes co-founders Rinke and Nominacher alongside investor representatives from firms such as Accel and 83North, supporting strategic oversight. The executive team reflects a diverse, global composition, drawing expertise from , , and beyond to guide the company's international expansion.

History

Founding and early years

Celonis was founded in 2011 by Alexander Rinke, Martin Klenk, and Bastian Nominacher as a from a research project at the (TUM). The three co-founders, who met while studying at TUM—Rinke in , Klenk in , and Nominacher in —began developing the company from Nominacher's apartment in . Their initial work stemmed from academic efforts to apply techniques to real-world enterprise data, aiming to visualize and optimize business processes through . This academic foundation positioned Celonis to address inefficiencies in complex operational workflows from its inception. In its early years, Celonis focused on creating algorithms to extract and analyze event logs from (ERP) systems, such as and , enabling the discovery of hidden process variants and bottlenecks. The company operated without external funding, its development through consulting services and custom implementations for initial clients. This self-sustained approach allowed Celonis to remain profitable from its inception in while refining its core technology in , which involves transforming raw into actionable insights without relying on predefined models. A key milestone came in 2011 when Celonis secured its first major customer, the German multinational manufacturing conglomerate Siemens, which adopted the technology to streamline its operational processes. This engagement validated the founders' approach and provided revenue to fuel further product iteration. By 2015, Celonis launched its first fully commercial process mining tool and signed a reseller agreement with SAP, marking a pivotal shift from research-oriented projects to broader market entry and scalable software offerings. These developments solidified Celonis's transition into a viable enterprise software provider during its formative period.

Expansion and milestones

In 2016, Celonis expanded into the U.S. market by opening its office, marking a significant step in its international growth strategy. This move facilitated closer engagement with North American enterprises and supported the company's global partnerships, including a agreement with that enabled broader distribution of its technology. By 2018, Celonis launched the Intelligent Business Cloud, a machine learning-based platform that shifted its offerings toward scalable, cloud-native process intelligence solutions accessible via subscription. This launch coincided with initial expansions into the region, laying the groundwork for in high-growth areas like through localized cloud availability. In 2018, Celonis achieved unicorn status following its Series B funding round. That year also saw the introduction of AI-driven features, such as capabilities integrated into its platform to forecast process inefficiencies and recommend proactive optimizations. In 2020, Celonis launched its Execution Management System (EMS), evolving from pure to a comprehensive framework for continuous business execution improvement. Complementing this, the company acquired Lenses.io in 2021, enabling the ingestion and analysis of live data streams from sources like to support dynamic process monitoring. From 2022 to 2024, Celonis intensified its focus on initiatives, developing tools within its platform to optimize carbon footprints by analyzing processes for emission reductions. Key advancements included the Layer, launched in 2024, which integrates emission tracking and improvement apps to help enterprises identify and mitigate Scope 3 emissions hotspots. At the Celosphere 2025 event, Celonis announced advancements in agentic and composable enterprise architectures, enabling AI agents to operate within process contexts for autonomous and modular operations. By this time, the company had surpassed 5,000 deployments worldwide, demonstrating widespread adoption across global enterprises.

Funding

Investment rounds

Celonis secured its initial significant funding through a in June 2016, raising $27.5 million led by Accel and 83North to support global expansion efforts. In June 2018, the company completed a , securing $50 million from existing investors Accel and 83North, aimed at accelerating product development and expanding its team. The Series C funding occurred in November 2019, with Celonis raising $290 million in a round led by Arena Holdings, joined by Accel, 83North, and others, to enhance capabilities and deepen . Celonis' Series D round in June 2021 brought in $1 billion from investors including Accel, 83North, Greenoaks Capital, and , achieving a of $11 billion and enabling further scaling of its process intelligence offerings. An extension to the Series D followed in August 2022, raising $400 million in equity led by the , alongside $600 million in debt financing, for a total of $1 billion that supported ongoing growth initiatives and raised the company's valuation to $13 billion. As of 2025, Celonis has raised over $2.3 billion in total funding across these rounds, primarily allocated to , acquisitions, and hiring to bolster its position in and execution management.

Valuation and investors

Celonis achieved a valuation of $2.5 billion following its Series C funding round in November 2019. The company's valuation surged to $11 billion after its initial Series D round in June 2021. In August 2022, a Series D extension valued Celonis at nearly $13 billion, solidifying its status as a decacorn. This valuation has been maintained into 2025, reflecting sustained investor confidence amid market challenges. Prominent investors in Celonis include Accel, which has led multiple funding rounds since the Series A in 2016; 83North, a co-lead in early rounds including Series A and B; TCV, which participated in the 2021 Series D; and the , which led the 2022 Series D extension. These investors represent a mix of firms focused on and sovereign wealth funds seeking long-term stakes in technology innovators. Celonis' investment strategy emphasizes long-term growth in and technologies, prioritizing platform enhancements and market expansion over short-term liquidity events. As of 2025, the company has not announced any plans for an . The funding has enabled significant scaling, including employee growth to over 3,000 staff members globally and expansion to more than 20 offices worldwide, enhancing Celonis' presence in key markets.

Acquisitions

Early acquisitions

In April 2019, Celonis acquired Banyas, a Belgian software company specializing in real-time data extraction and processing from systems like . The acquisition aimed to overcome barriers in applying to high-volume, high-frequency operations, enabling real-time monitoring, alerting, and automated actions to mitigate issues or capitalize on opportunities in complex environments. Banyas's technology was integrated into Celonis's Intelligent Business Cloud as a beta feature, providing visual real-time insights into processes and enhancing connectivity across source systems for broader operational efficiency. In October 2020, Celonis acquired Integromat, a Czech-based online platform that enables no-code integrations between applications to automate . The was intended to accelerate Celonis's expansion into process , bridging the gap between process discovery insights and executable actions to drive greater business value. Integromat's capabilities were incorporated into the Celonis Execution (EMS), strengthening its tools for seamless and efficiency gains across enterprise operations; the platform was later rebranded as Make. Celonis continued its acquisition strategy in October 2021 by purchasing Lenses.io, a UK-based startup focused on operations using frameworks like for handling. The rationale centered on incorporating —such as from sensors or external feeds—into business processes to enable millisecond-level responsiveness and adaptability to dynamic market conditions. Lenses.io's tools were integrated into the to support the Celonis Execution Graph, facilitating processing and enhancing overall process execution with immediate insights.

Recent acquisitions

In March 2022, Celonis acquired Process Analytics Factory GmbH (PAF), a Darmstadt-based provider of software specializing in tools and low-code process discovery capabilities. This acquisition enhanced Celonis' platform by integrating PAF's Power BI-focused analytics, enabling broader accessibility for process insights within enterprise ecosystems and supporting execution management across diverse tools. Later that year, in November 2022, Celonis acquired Sailfin Technologies, a company developing AI-powered applications for management, including credit, collections, and disputes processes. The integration of Sailfin's technology into Celonis' Execution Management System introduced specialized finance automation features, such as data-driven and root-cause for AR workflows, aimed at improving and reducing manual interventions. In November 2023, Celonis expanded its AI capabilities through the acquisition of Symbioworld GmbH (Symbio), an Aschheim-based firm offering software that automates decision-making and workflow orchestration. Symbio's tools complemented Celonis' by adding layers, particularly for complex, adaptive processes in sectors like and . By 2025, Celonis continued its AI-focused strategy with the acquisition of the Orchestration Engine (OE) technology from partner Emporix, announced in May at Celonis Next. This move bolstered functionalities within the platform, providing advanced coordination for multi-agent systems and to embed process intelligence into AI operations. These acquisitions from 2022 onward marked a strategic toward AI-enhanced execution , incorporating specialized tools for , finance , and intelligent while minimizing redundancies in Celonis' core process intelligence offerings.

Products and services

Process Intelligence Platform

The Celonis Process Intelligence Platform is a software solution that leverages techniques to analyze event logs extracted from (ERP) and (CRM) systems, enabling the mapping, monitoring, and optimization of business processes. By processing timestamped event data—such as activities, cases, and attributes—the platform reconstructs as-is process models, identifies deviations from intended workflows, and provides actionable insights for improvement. This approach transforms raw operational data into a of processes, allowing organizations to visualize end-to-end execution across systems and departments. Key features of the include conformance checking, which compares discovered process models against predefined target models to detect violations and quantify their impact; , which identifies contributing factors to inefficiencies by correlating process variants with performance metrics; and , which forecasts the effects of process changes using historical data to test scenarios without real-world disruption. Additionally, integrated capabilities support through in event streams and predictive insights via algorithms that anticipate bottlenecks or risks based on historical trends. These features facilitate continuous process refinement without requiring extensive custom coding. The platform evolved from an on-premise process mining tool launched in 2015, which focused on local data extraction and via the initial Content Store for apps and connectors, to the cloud-based Intelligent Business Cloud introduced in , enabling scalable, multi-tenant deployment with enhanced connectivity to systems. In 2025, updates introduced composable architectures, including expansions to the Process Intelligence Graph for multimodal data integration and support for agents, allowing modular assembly of intelligence layers to drive adaptive operations. These advancements shifted the platform toward an AI-native foundation, emphasizing with external tools. However, in March 2025, Celonis filed a against alleging anti-competitive restrictions on data access from systems, which could impact integrations with such systems. A distinguishing technical aspect is its ability to handle petabyte-scale datasets through the Data Core engine, which processes trillions of event rows for real-time querying across distributed environments, while incorporating low-code interfaces like Celonis Studio to empower non-technical users in building custom analyses and automations via drag-and-drop components and prebuilt connectors. This combination ensures high-performance scalability for large enterprises alongside accessibility for business analysts.

Execution Management System

The Celonis Execution Management System () is an end-to-end platform that enables organizations to discover, execute, and monitor business processes in , integrating with AI agents to automate and optimize operations across enterprises. Launched in , it builds on core algorithms to provide actionable insights that drive , eliminating system complexities that hinder execution capacity. Key components of the EMS include over 170 pre-built analytics apps and execution applications tailored to specific functions, such as , , and . In , apps support to achieve up to 90% touchless rates, improving days payable outstanding and on-time payments. For , applications enable optimization and elimination, targeting over 95% on-time delivery rates. apps enhance net promoter scores to above 70 by streamlining case resolution and . In 2025, Celonis introduced significant innovations to the at Celosphere, including agentic for operational orchestration, decision mining to analyze intersections for issue detection, streaming for live , and multimodal digital twins that incorporate structured and unstructured sources like PDFs and emails. These advancements, powered by the enhanced Process Intelligence Graph and Orchestration Engine, enable -driven decision-making and composable enterprise architectures, delivering over $10 million in value per customer through efficiency gains and agility. What differentiates the EMS from pure process mining tools is its focus on actionable execution, combining intelligence with automation and agents to not only identify inefficiencies but also orchestrate real-world changes across systems and teams.

Operations

Global presence

Celonis is headquartered in , , with its U.S. headquarters located in . The company maintains major operational hubs in London, United Kingdom; Tokyo, ; and to support its international activities. As of 2025, Celonis operates more than 20 offices worldwide, spanning , , , and . Key locations include and in , and Raleigh in the United States, in the , São Paulo in , and additional sites in and . This network enables the company to provide region-specific support and adapt its process intelligence solutions to local markets. The company employs over 3,000 people globally as of 2025. Celonis emphasizes a diverse to drive across its operations. Celonis pursues a growth strategy centered on regional teams that deliver localized and foster international expansion, including plans to establish as its global talent hub by 2027. Following the shift to trends in 2022, the company has adopted a hybrid work model, combining flexible remote options with in-office collaboration to enhance employee productivity and global connectivity. This approach supports its ongoing efforts to scale operations.

Customer impact and recognition

Celonis serves more than 1,200 enterprises worldwide, including more than 25% of the Fortune 500 companies, such as , , and . The company has achieved more than 5,000 deployments across these organizations, enabling widespread adoption of process intelligence to optimize operations. The impact of Celonis on its customers is demonstrated through measurable outcomes, with 120 designated "Value Champions" each realizing over $10 million in value, contributing to a total of $8.1 billion in enterprise-wide benefits as of 2025. These successes often include average efficiency gains of 20-30% in steps and productivity, achieved by identifying and eliminating bottlenecks using AI-powered insights. Celonis has received significant industry recognition for its contributions to process intelligence. It was named a Leader in The Forrester Wave™: Process Intelligence Software, Q3 2025, earning the highest scores in 18 criteria including and digital twins. The company debuted at No. 3 on the 2025 Future 50 list, highlighting its rapid growth and innovation in AI-driven solutions. Additionally, Celonis was included in Fast Company's 2025 list of the World's Most Innovative Companies and recognized as a Leader and Star Performer in the 2025 Everest Group PEAK Matrix® for , marking its sixth consecutive year in that position. At Celosphere 2025, Celonis showcased customer stories of AI-driven transformations, emphasizing how process intelligence enables composable enterprises and execution improvements. The event also featured the Global Game Changer Awards, honoring customers and partners for innovations in value excellence, partner apps, and overall impact, with winners including and .

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