Celonis, a New York and Munich, Germany-based global leader in execution management, announced that it secured $400 million in Series D extensions and a $600 million credit facility, for a total of $1 billion in funds at $13 billion valuation, to accelerate its unique position to help customers thrive in challenging economic environments.
The Series D extension was led by the Qatar Investment Authority (QIA) and includes new blue-chip investors Activant Capital, a fund advised by Neuberger Berman, Alta Park Capital, and Commonfund Capital.
Existing investors, including Arena Holdings, funds and accounts advised by T. Rowe Price Associates, Inc., Franklin Templeton, Durable Capital Partners LP, TCV, 83North, Accel Partners, and Sator Grove also joined the round extension.
The debt facility was led by KeyBanc Capital Markets, with Goldman Sachs, HSBC Ventures, J.P. Morgan, Morgan Stanley Senior Funding, Inc., Citibank, and Deutsche Bank acting as joint lead arrangers.
Lenders in the syndicate also included RBC Capital Markets, Silicon Valley Bank, SMBC, Citizens, MUFG, and Bank of America.
The $1 billion of new funds will enhance Celonis’ already impressive capital position. Celonis will use these additional funds to invest in product innovation, drive adoption with Global 2000 customers, expand market potential with acquisition investments, and deepen penetration with ecosystem partners.
Company: Celonis SE
Round: Series D extension/Credit Facility
Funding Month: Aug 2022
Lead Investors: Qatar Investment Authority (QIA) and KeyBanc Capital Markets
Additional Investors: Activant Capital, a fund advised by Neuberger Berman, Alta Park Capital and Commonfund Capital, Goldman Sachs, HSBC Ventures, J.P. Morgan, Morgan Stanley Senior Funding, Inc., Citibank, and Deutsche Bank
Company Website: https://www.celonis.com/
Software Category: Execution Management
About the Company: Celonis is the global leader in execution management. the Celonis Execution Management System provides a full set of platform capabilities for business executives and users to eliminate billions in corporate inefficiencies, provide a better customer experience, and reduce carbon emissions. Celonis has thousands of implementations with global customers. Celonis pioneered the process mining category 10 years ago when we first developed the ability to automatically X-ray processes and find inefficiencies. It is headquartered in Munich, Germany, and New York City, USA, with more than 20 offices worldwide.