How Celonis hit $365M Revenue with 500 customers in 2022.
Celonis provides enterprise-ready process mining and automated business process discovery solutions for analyzing and visualizing business processes worldwide. Its solutions analyze procurement, human resource, information technology service management, logistics, production, accounting, sales, audit, and other branch specific processes through on-premise installation or SaaS implementation aspects. Celonis also offers support and consulting services. It serves automotive and industrial, banking, chemical, pharmaceutical and biotechnology, service, energy supplier, wholesale and retail, high tech, consumer goods, hospital, media, telecommunication, transportation and logistics, insurance markets, government, administration, public sectors, metal, wood, and paper industries. Alexander Rinke, Bastian Nominacher, and Martin Klenk founded Celonis in 2011, with its headquarters in Munich in Germany and additional offices in the Netherlands and the United States..Celonis provides an Execution Management System that helps companies in running their business processes
In 2022, Celonis revenue run rate hit $365M in revenue.
Celonis hit $365M in revenue in 2021
Celonis hit $100M in revenue in 2020
Celonis launched in 2011 with $0 revenue
Celonis Funding History
Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?
2021 Series D
Celonis raised a Series D of $1B at a $10B valuation in June 2021
2019 Series C
Celonis raised a Series C of $290M at a $2.2B valuation in November 2019
2018 Series B
Celonis raised a Series B of $50M at a $950M valuation in June 2018
2016 Series A
Celonis raised a Series A of $27.5M at a $82.3M valuation in July 2016
Celonis has 1429 total employees and 281 sales reps that carry a quota. They have 500 customers an engineering team of 267 and a marketing team of 68
Total team size
Under his leadership, Celonis has been named by Gartner as the “clear market leader” in the process mining category and has become one of the fastest growing enterprise software companies in the world.
Alexander has earned numerous awards and accolades including the “Rocket Mittelstand” award, German President’s award, SaaS Award for Best Data-Driven SaaS Product, and more. He was listed on the Forbes 30 Under 30 list in 2015, the Ernst & Young Entrepreneur of the Year in 2016 and was acknowledged with the Lünendonk-B2B-Service Award in 2019.
Alexander studied Mathematics at Technical University of Munich and École Polytechnique in Paris.