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Celonis

“Can a process intelligence platform become the execution layer that closes the gap between enterprise system-of-record data and actual business outcomes — including embedding financial automation into P2P and O2C workflows?”

Founded2011
HQMunich, Germany (with US HQ in New York)
FoundersAlexander Rinke, Bastian Nominacher, Martin Klenk
Total raised~$2.4B+
Latest roundSeries D Extension, August 2022
Valuation~$13B post-money (August 2022)
IndustryVertical SaaS / Process Intelligence
The story

Founded in 2011 as a process mining software company, Celonis evolved from a tool helping enterprises visualize operational inefficiencies into a full 'Execution Management System' (EMS) by 2021, enabling companies to not just see but act on process breakdowns in real time. The company has steadily moved upmarket into large enterprise deployments (2,500+ globally) while building out a Finance Solution Suite focused on P2P and O2C workflows. The 2022 Stripe partnership signals an intent to embed payments and financial infrastructure capabilities directly into its platform, moving Celonis from pure SaaS analytics toward an execution layer with embedded finance components.

Last 12 months
2022-02
2022-08
Product timeline
2011
Founded in Munich as a process mining software company by three university students to help enterprises reduce operational inefficiencies.· pivot
2016
Raised Series A ($27.5M) led by Accel to scale process mining technology commercially.· banking
2019
Reached unicorn status ($1B valuation) with Series B raise of $50M.· pivot
2021
Raised $1B Series D at $11B valuation; rebranded product offering as the 'Execution Management System' (EMS).· pivot
2022
Raised $400M Series D extension plus $600M credit facility at ~$13B valuation; announced technology partnership with Stripe to power payments for Celonis customers.· pivot
2023
Launched the Celonis Finance Solution Suite targeting Purchase-to-Pay and Order-to-Cash process intelligence for enterprise finance teams.· pivot
The stack
2 layers disclosed in Celonis’s embedded-finance stack
Payments / PSP
Stripe
Accounting
in the full report
Accounting gap: minor
1 more provider across 1 layer, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.

Celonis — frequently asked

Who is Celonis's payment processor?

Celonis processes payments through Stripe.

Which accounting software does Celonis integrate with?

Celonis integrates with Oracle NetSuite.

What is Celonis's embedded finance stack?

The Embedded Finance Index 2026 maps 2 layers in Celonis's stack: Payments / PSP (Stripe); Accounting (Oracle NetSuite).

Who founded Celonis?

Celonis was founded by Alexander Rinke, Bastian Nominacher and Martin Klenk and is founded in 2011, headquartered in Munich, Germany (with US HQ in New York).

How much funding has Celonis raised?

Celonis has raised ~$2.4B+ in total (latest round: Series D Extension, August 2022; valuation: ~$13B post-money (August 2022)).

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