🏆 Deal of the Week · CW 34/2022
Celonis raised USD 1 billion in a Series D round at a valuation of USD 13 billion, announced in August 2022. The round drew capital from thirteen institutional investors spanning venture capital, growth equity, and sovereign wealth. The deal was recognised as Deal of the Week for KW 34/2022.
Celonis — key deal facts
| Company | Celonis |
| Founded | 2011 |
| Headquarters | Munich, Germany |
| Amount raised | USD 1B |
| Valuation | USD 13B |
| Round | Series D |
| Investors | 83North (https://www.83north.com/) Accel (https://www.accel.com/) Activant Capital (https://www.activantcapital.com/) Alta Park Capital (https://www.altaparkcapital.com/) Arena Holdings (https://arenaholdings.com/) Common Fund (https://www.commonfund.org/) Durable Capital Partners (https://www.durablecap.com/) Franklin Templeton (https://www.franklintempleton.at/) Neuberger Berman Group (https://www.nb.com/en/global/who-we-are) Qatar Investment Authority (https://www.qia.qa/en/Pages/default.aspx) Sator Grove Holdings (https://www.satorgrove.com/) T. Rowe Price (https://www.troweprice.com/corporate/at/en/home.html) TCV (https://www.tcv.com/) |
| Sectors | Analytics |
Who invested in Celonis?
The round included 83North, Accel, Activant Capital, Alta Park Capital, Arena Holdings, Common Fund, Durable Capital Partners, Franklin Templeton, Neuberger Berman Group, Qatar Investment Authority, Sator Grove Holdings, T. Rowe Price, and TCV. The investor mix is notably broad, combining specialist technology growth funds with large asset managers and a sovereign wealth fund. That breadth signals conviction from both sector-focused and institutional cross-asset allocators.
What does Celonis do?
Celonis, founded in 2011 by Alex Rinke, Bastian Nominacher, and Martin Klenk, offers an execution management and process intelligence platform built on process mining and AI. The platform creates a digital twin of end-to-end business processes, enabling organisations to identify inefficiencies and optimise operations in real time. Core products include Process Explorer for visualising process flows, Celonis Studio for custom dashboards, and Business Miner, an AI-powered natural-language interface for process insights. The company is headquartered in Munich, Germany, with a secondary headquarters in New York, United States.
Celonis valuation & multiples
No verified revenue or EBITDA figures were provided for this transaction, so a precise EV/Sales or EV/EBITDA multiple cannot be stated. Comparable analytics and process-intelligence software businesses have historically traded in a wide EV/Sales range depending on growth profile and profitability stage. For current sector benchmarks, see the Analytics sector multiples pages on DealMatrix.
Explore the benchmarks: Series D Analytics.
Frequently asked questions
How much did Celonis raise in its Series D?
Celonis raised USD 1 billion in its Series D round, announced in August 2022.
What is Celonis's valuation?
Celonis was valued at USD 13 billion at the time of its Series D closing.
Who invested in Celonis?
The Series D investors include 83North, Accel, Activant Capital, Alta Park Capital, Arena Holdings, Common Fund, Durable Capital Partners, Franklin Templeton, Neuberger Berman Group, Qatar Investment Authority, Sator Grove Holdings, T. Rowe Price, and TCV.
When was Celonis founded and where is it based?
Celonis was founded in 2011 and is headquartered in Munich, Germany, with a secondary headquarters in New York, United States.
Source: original announcement — read the full report.