Celonis
enterpriseProcess mining and execution management for enterprise operations.
Global leader in process mining and execution management, helping organizations visualize actual business processes, identify inefficiencies, and drive automated improvements with data-driven insights.
Our Take
We treat Celonis as the default process-mining recommendation for enterprises with significant SAP investment. The Make ownership matters: integrations that started in Celonis can land in Make workflows without leaving the customer-facing brand surface. — Rafal Fila, ShadowGen
What Sets Celonis Apart
Celonis owns both the dominant process-mining product and one of the largest no-code automation platforms (Make), giving it an end-to-end story from "what is actually happening in our processes" through to "automate the fix" that no other vendor packages together. The company is also the only process-mining vendor with multi-billion-dollar revenue at scale.
Key Achievements
About Celonis
Celonis SE builds the Celonis Execution Management System, an enterprise platform that ingests event logs from ERPs, CRMs, supply-chain systems, and other transactional applications, reconstructs the actual process flow, and surfaces inefficiencies, compliance gaps, and automation opportunities. The company was founded in 2011 by three Technical University of Munich students who initially built process-mining software for a paper manufacturer and grew the offering into the dominant commercial process-mining product through the late 2010s.
The Celonis platform combines an in-memory process-mining engine with action layers including the Celonis Studio app-building environment, the Action Flows execution engine (built on Make), and integrations into SAP, Oracle, Salesforce, ServiceNow, and Workday. The company's commercial model is enterprise-only with custom pricing typically negotiated as a percentage of the addressed transaction volume; standard list pricing is not published.
Celonis closed a $1B Series D extension in June 2022 at a $13B valuation, led by Qatar Investment Authority alongside existing investors including Accel, Arena Holdings, T. Rowe Price, and 83North. The 2022 round followed a $1B Series D in 2021 at a $11B valuation. Celonis has not announced subsequent primary fundraising as of mid-2026, and like other late-stage private software companies has faced revaluation pressure in secondary markets.
Expertise & Services
Specializations
Industries Served
Services
Market Position
Celonis owns roughly 30-40% of the process mining market. Their closest competitors are SAP Signavio (which SAP acquired specifically to compete), IBM Process Mining, and Microsoft's Process Advisor. Against SAP Signavio, Celonis is vendor-neutral (works across SAP, Oracle, and others), which is a huge advantage for multi-ERP enterprises. The risk for Celonis is that the major platform vendors (SAP, Microsoft, ServiceNow) are all building process mining into their own products, which could commoditize the standalone category.
Our Story
Born in 2011 when three Technical University of Munich students — Alexander Rinke, Bastian Nominacher, and Martin Klenk — developed an algorithm to reconstruct business processes from ERP system logs. Their academic research became a commercial product that created an entirely new software category: process mining.