# ProcessMaker

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/processmaker

- Industry: Software
- Headquarters: Durham, US
- Website: www.processmaker.com
- Total disclosed funding: $45M
- Latest round: Series A (Feb 12, 2021)
- Investors on record: 1

## About

Based in the US, ProcessMaker Inc. specializes in Business Process Automation (BPA) and workflow management software, focusing on enhancing organizational efficiency across various sectors.Founded in 2000, ProcessMaker Inc. operates out of Durham, US, providing solutions for automating business processes. The company was co-founded by Brian Reale, who has prior experience in founding other technology ventures. In February 2021, ProcessMaker raised USD 45 mn in Series A funding led by Aldrich Capital Partners to further develop its offerings.ProcessMaker specializes in Business Process Automation (BPA) and workflow management software, designed to streamline and enhance organizational processes across various sectors. Its core product offerings include ProcessMaker Platform, Process Intelligence, and Agentic AI, which collectively serve to automate repetitive tasks, optimize resource allocation, and provide end-to-end visibility into workflows. The solutions target specific use cases such as transfer credit evaluation, grant proposal tracking, and financial aid management, particularly in the higher education sector. They empower business users from departments like Human Resources, Finance, and IT to create and manage workflows without requiring extensive coding knowledge. The company markets its products primarily in North America, Europe, and parts of Asia, serving a diverse customer base that includes educational institutions, financial services, healthcare organizations, and various manufacturing entities.ProcessMaker generates revenue through a subscription-based model that encompasses a range of software solutions tailored to meet business needs. This model includes partnerships and direct licensing agreements with clients, allowing organizations to implement ProcessMaker’s products at scale. Clients typically subscribe to the ProcessMaker Platform, which features various pricing tiers based on the complexity and number of users, alongside add-on services like Intelligent Document Processing and Process Intelligence. Revenue is realized as clients engage in transactions for these products, with structured offerings that facilitate ongoing support and service agreements. The flagship ProcessMaker solutions enable organizations to automate critical workflows, generating efficiencies that are vital to maintaining competitiveness in their respective markets.In February 2021, ProcessMaker Inc. raised USD 45 mn in Series A funding led by Aldrich Capital Partners. The company plans to utilize this funding to enhance its digital process automation platform and expand its presence in community banking, higher education, and manufacturing. The firm aims to develop new products to address the evolving needs of its clients, focusing on innovative solutions that improve workflow efficiency. Additionally, ProcessMaker intends to penetrate new markets, particularly in Europe and Asia, by the end of 2023, further solidifying its position in the industry.

## Funding rounds

- Series A, Feb 12, 2021, $45M — Aldrich Capital Partners

## Investors

- Aldrich Capital Partners (https://capitalatlas.ai/funds/aldrich-capital-partners) — Series A