Celonis snares $1B Series D on $11B valuation

Celonis snares $1B Series D on $11B valuation

3 years ago
Anonymous $LNMzUc6XNz

https://techcrunch.com/2021/06/02/celonis-snares-1b-series-d-on-11b-valuation/

Celonis, the late stage process mining software startup, announced a $1 billion Series D investment this morning on an eye-popping $11 billion valuation, up from $2.5 billion in its Series C in 2019, quadrupling its value in just two years.

Durable Capital Partners LP and T. Rowe Price Associates co-led the round with participation from new investors Franklin Templeton, Splunk Ventures and existing investors Arena Holdings. Other unnamed existing investors also participated.

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