# Apromore

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/apromore-pty

- Industry: Software
- Headquarters: Melbourne, Australia
- Website: www.apromore.com
- Total disclosed funding: $15M
- Latest round: Series B (Aug 6, 2024)
- Investors on record: 1

## About

Based in Australia, Apromore Pty Ltd specializes in business process mining and digital twin simulation, delivering advanced solutions that enhance operational efficiency and data utilization for organizations worldwide.Apromore Pty Ltd, founded in 2019 and headquartered in Melbourne, Australia, focuses on business process improvement through innovative technology. The company has engaged in 5 funding deals, with its latest being a Series B round in August 2024, raising USD 15.00 mn from Tanarra Capital. CEO Marcello La Rosa is instrumental in driving the company forward, leveraging his experience to enhance its service offerings.Apromore's primary offerings center around advanced business process mining and digital twin simulation platforms designed to enhance operational efficiency and data utilization across organizations. Their core product enables clients to automate the discovery and analysis of business processes, leading to a comprehensive understanding of workflows. Users can visualize and optimize processes by identifying bottlenecks, service level agreement (SLA) violations, and opportunities for improvement based on key performance indicators (KPIs). Apromore's solutions cater to a diverse clientele, including sectors such as banking, financial services, and IT service management, and are utilized globally, encompassing markets in North America, Europe, and Asia-Pacific. By providing a no-code platform powered by artificial intelligence, Apromore empowers business users to easily analyze and enhance their operations, transforming complex data into actionable insights.Apromore operates on a subscription-based revenue model, where clients engage in annual contracts to access their suite of process mining and digital twin simulation tools. This structure allows organizations to seamlessly integrate the platform into their existing IT ecosystems, facilitating the automated collection of transactional data. The pricing strategy is designed to cater to a wide range of organizations, with flexible plans that accommodate different scales of adoption and usage requirements. Among its offerings, Apromore's flagship products focus on process optimization, automation, and predictive monitoring, providing value to users seeking to refine their operational processes. The company’s diversified client base includes numerous enterprises that leverage its capabilities for comprehensive digital transformation initiatives, contributing to their revenue generation through enhanced operational performance.In August 2024, Apromore Pty Ltd raised USD 15.00 mn in a Series B round, which will be allocated towards advancing its AI product and expanding market presence in the United States and Europe. The company is actively designing new products aimed at further enhancing its offerings, with a focus on penetrating these key markets.

## Funding rounds

- Series B, Aug 6, 2024, $15M — Tanarra Capital

## Investors

- Tanarra Capital (https://capitalatlas.ai/funds/tanarra-capital) — Series B