# Celonis SE

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/celonis-se

- Industry: Software
- Headquarters: Munich, Germany
- Website: www.celonis.com
- Total disclosed funding: $1.8B
- Latest round: Series D (Aug 26, 2022)
- Investors on record: 23

## About

Founded in 2011 and based in Munich, Germany, Celonis SE develops an artificial intelligence-based data processing platform called Celonis Execution Management System. The company was founded by its CTO Martin Klenk, Co-CEO Alexander Rinke, and Co-CEO Bastian Nominacher. In June 2021, Celonis SE raised USD 1 billion in series D funding co-led by new investors Durable Capital Partners and T. Rowe Price. As of 2021, the company employs around 1300 employees. 

Celonis SE operates an Execution Management System (EMS) that allows its users to efficiently run their businesses by implementing Process mining. EMS uses analytical discipline to discover, monitor, and improve (Process mining) its client’s daily business processes and allows them to make decisions faster. 

Celonis Execution Management System contains a set of applications such as real-time data ingestion and action flows, a developer studio (Celonis Studio), and platform capabilities that can be used by business executives and individuals to eliminate corporate inefficiencies. The company’s client base includes ABB, AstraZeneca, Bosch, Coca-Cola, Citibank, Dell, GSK, John Deere, and L'Oréal. 

In 2019, Celonis generated annual recurring revenue of USD 100 million and is expected to make over USD 400 million in annual recurring revenue for 2021. 

Celonis SE plans to use its series D funding to increase its employee count and add additional functionality to its system

## Funding rounds

- Series D, Aug 26, 2022, $400M — Accel, T Rowe Price, TCV, Prudential Financial, Lincoln Financial Group, Qatar Investment Authority, Commonfund Capital, Neuberger Berman, Commonfund, Franklin Templeton, Brinker Capital, MassMutual Ventures, 83 North, Equipsuper, The Serafin Group, Delta Air Lines, Inc., American Airlines, Inc., Brighthouse Financial, Durable Capital Partners, Alta Park Capital, Sator Grove Holdings
- Series D, Jun 2, 2021, $1B — T Rowe Price, Franklin Templeton, Splunk Ventures, Durable Capital Partners, Arena Holdings
- Series C, Nov 21, 2019, $290M — Accel, 83 North, Arena Holdings
- Series B, Jun 26, 2018, $50M — Accel, 83 North
- Series A, Jun 7, 2016, $28M — Accel, 83 North

## Investors

- Accel (https://capitalatlas.ai/funds/accel) — Series A, Series B, Series C, Series D
- 83 North (https://capitalatlas.ai/funds/83-north) — Series A, Series B, Series C, Series D
- Arena Holdings (https://capitalatlas.ai/funds/arena-holdings) — Series C, Series D
- T Rowe Price (https://capitalatlas.ai/funds/t-rowe-price) — Series D
- Franklin Templeton (https://capitalatlas.ai/funds/franklin-templeton) — Series D
- Splunk Ventures (https://capitalatlas.ai/funds/splunk-ventures) — Series D
- Durable Capital Partners — Series D
- TCV (https://capitalatlas.ai/funds/tcv) — Series D
- Prudential Financial — Series D
- Lincoln Financial Group — Series D
- Qatar Investment Authority (https://capitalatlas.ai/funds/qatar-investment-authority) — Series D
- Commonfund Capital — Series D
- Neuberger Berman (https://capitalatlas.ai/funds/neuberger-berman) — Series D
- Commonfund — Series D
- Brinker Capital — Series D
- MassMutual Ventures (https://capitalatlas.ai/funds/massmutual-ventures) — Series D
- Equipsuper — Series D
- The Serafin Group (https://capitalatlas.ai/funds/the-serafin-group) — Series D
- Delta Air Lines, Inc. — Series D
- American Airlines, Inc. — Series D
- Brighthouse Financial — Series D
- Alta Park Capital (https://capitalatlas.ai/funds/alta-park-capital) — Series D
- Sator Grove Holdings (https://capitalatlas.ai/funds/sator-grove-holdings) — Series D