Celonis Raises $1 Billion in Equity and Debt Financing

Celonis

Celonis, an execution management company, secured an additional $1 billion in funds.

This $1 billion in liquidity is anchored by a $400 million equity raise at a post-money valuation of nearly $13 billion. The Series D extension is 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. In addition, Celonis expanded its revolving credit facility to obtain access to as much as $600 million 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 company 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.

Led by Bastian Nominacher, and Alex Rinke, Celonis provides an Execution Management System which features a full set of platform capabilities for business executives and users to eliminate billions in corporate inefficiencies, provide customer experience and reduce carbon emissions. Celonis has thousands of implementations with global customers and is headquartered in Munich, Germany and New York City, USA with more than 20 offices worldwide.

FinSMEs

23/08/2022