Dear customers and partners,
Today marks a significant milestone in our history. We are announcing a new round of funding, our largest to date. The US$290 million investment will enable us to extend our platform and cement our status as the market leader for process excellence software.
We're proud to have brought process excellence to you and many companies around the world, starting from our student dorm rooms in Munich in 2011. Since the three of us formed the company, we have been relentlessly improving the performance of our core products and extending our capabilities. A passion for process excellence is part of our DNA. We’re continuing to invest in our platform to ensure customers like you can gain even more value from your process insights and turn what you learn into instant action using Celonis.
We have formed a dedicated team of over 700 Celonauts who – united by our unique Celonis spirit – support our customers in multiple locations around the world. We believe that Celonis is just getting started and are committed to continue our track record of building a principled organization in service of our stakeholders.
Today many of the world’s best performing global enterprises including Vodafone, Siemens, Cisco, Uber, L’Oréal, Lufthansa, and Danaher use Celonis to drive excellence across critical business functions including finance, supply chain, human resources, information technology, sales, marketing, and customer service.
In the past weeks we have been on an eight-city Superfluid World Tour and as the miles ticked by, the momentum picked up. A community is forming around process improvement. Champions are emerging in businesses, people who advocate for change and challenge the status quo in their organizations. They recognize the impact Celonis can have not just on business results and customer satisfaction, but also on a more sustainable world.
We are excited to have the support of Arena Holdings and entrepreneurs Tooey Courtemanche and Ryan Smith investing in our business, joining existing investors including Alex Ott, Carsten Thoma, Accel, and 83North. We are deeply grateful for the endorsement from our partners and look forward to working with them as we position Celonis for long-term growth. Together with our executive team, we believe in building an enduring future for our employees and stakeholders.
Thank you for placing your trust in us and contributing to our growing community. Should you have any questions, do not hesitate to contact us.
Martin Klenk, CTO, Bastian Nominacher, Co-CEO, Alexander Rinke, Co-CEO
Alex Rinke is co-founder & co-CEO of Celonis, the undisputed leader in process mining and execution management technology. Born out of a university project in Munich, Alex and his co-founders turned the theoretical concept of process mining into a working product, and landed their first client within weeks. Alex and his team successfully grew the company for five years without external funding, scaling rapidly across the globe before raising money. Five years and several rounds later, Celonis has now earned decacorn status, and recently completed the first ever $1bn Series D Round.
Today, Alex steers the global vision and executive team for Celonis, and is an active ambassador for sustainability and equal access to education. Alex firmly believes that by unlocking the world’s processes, we can create a better future for businesses and the planet.
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