Qatar Investment Authority Leads Investment In Celonis
The funding round added $1 billion in liquidity anchored by the $400 million equity raise at a post-money valuation of nearly $13 billion. Qatar Investment Authority led a $400 million series D extension round for tech company Celonis. Celonis built an execution management system that provides platform capabilities for business executives and users to eliminate […]
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The funding round added $1 billion in liquidity anchored by the $400 million equity raise at a post-money valuation of nearly $13 billion.
Qatar Investment Authority led a $400 million series D extension round for tech company Celonis. Celonis built an execution management system that provides platform capabilities for business executives and users to eliminate billions in corporate inefficiencies, provide a better customer experience and reduce carbon emissions.
The funding round added $1 billion in liquidity anchored by the $400 million equity raise at a post-money valuation of nearly $13 billion. In addition, Celonis expanded its revolving credit facility to obtain access to as much as $600 million with a syndicate of leading global banks.
Celonis currently has over 2,500 enterprise deployments worldwide. $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.
The $400 million Series D extension led by the Qatar Investment Authority (QIA) also included new blue-chip investors Activant Capital, a fund advised by Neuberger Berman, Alta Park Capital and Commonfund Capital.
“Since the first days of Celonis, we have built a company operating on sound fundamentals, immutable customer value and the kind of resiliency that performs at the highest levels in any economic environment,” said Bastian Nominacher, co-CEO and co-founder of Celonis. “These fundamentals put Celonis in a unique position to lean into the wind while others are stepping back. With an additional $1 billion in liquidity, Celonis will have maximum flexibility to aggressively innovate, capitalise on new market opportunities and extend our market leadership.”
Mansoor Al-Mahmoud, CEO of Qatar Investment Authority, said, “Celonis is well aligned with QIA’s strategic focus on innovative, best-in-class companies shaping the future global economy. Celonis provides clear added value for its customers by enhancing their operational efficiency and driving their performance. QIA looks forward to a long-term and productive relationship.”
