Celonis Raises $1B in Series D

Celonis has successfully raised $1B in a Series D at a $13B valuation led by Durable Capital Partners, T. Rowe Price.

Company Overview

Celonis is a Enterprise Software company headquartered in Munich, Germany, founded in 2011 with 3000+ employees.

Process mining and execution

Fundraising Details

• Amount Raised: $1B
• Round Type: Series D
• Valuation: $13B
• Date: 2024-06-01
• Investors: Durable Capital Partners, T. Rowe Price

About Celonis

Process mining and execution The company is positioned in the Enterprise Software sector, serving a growing market with innovative solutions.

Key Information

• Headquarters: Munich, Germany
• Founded: 2011
• Team Size: 3000+
• Industry: Enterprise Software

What This Means

This funding round demonstrates strong investor confidence in Celonis's vision and execution. The capital will likely be used to:

• Scale Operations: Expand the team and operational capacity
• Product Development: Enhance existing products and develop new features
• Market Expansion: Enter new markets and strengthen presence in existing ones
• Technology Investment: Invest in infrastructure and technology capabilities

Industry Context

The Enterprise Software sector continues to attract significant investment as companies innovate to meet evolving market demands. Celonis's successful fundraising reflects the strong fundamentals and growth potential in this space.

Valuation Milestone

Reaching a $13B valuation marks an important milestone for Celonis, positioning the company among notable players in the Enterprise Software industry.

Looking Ahead

With this new capital, Celonis is well-positioned to execute on its growth strategy and continue building innovative solutions in the Enterprise Software space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.

This fundraising news was reported on 2024-06-01. For more information about Celonis, visit their headquarters at Munich, Germany.