Funding round
Celonis Series D
Celonis, which works in process intelligence solutions development in Munich, raised $400M in a Series D round announced on 23 Aug 2022, led by Qatar Investment Authority, at a $13.00B post-money valuation. 13 firms took part. It is Celonis' fourth venture round on record; the one before was a Series C in Jun 2019.
$400M
Amount raised
$13.00B
Post-money valuation
$12.60B pre-money
13
Investors
1 lead
5.2x
Step-up from the Series C
$2.50B in Jun 2019
3.1%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Celonis at $13.00B after the new money, 5.2 times the $2.50B of its Series C (Jun 2019). The $400M bought investors about 3.1% of the company. It came 38 months after Celonis' Series C. It is 52% of the $768M Celonis has raised in the venture rounds on record. No later venture round is on record for Celonis.
Celonis' funding rounds
Celonis has 4 venture rounds on record and 1 other deal. This one is highlighted.
- Series A 8 Jun 2016, led by Accel and 83North $28M
- Series B 26 Jun 2018, led by Accel and 83North $50M$1.00B post-money
- Series C 12 Jun 2019, led by Arena Holdings $290M$2.50B post-money
- Debt not a venture round 23 Aug 2022, led by KeyBanc Capital Markets $600M
- Series D this round 23 Aug 2022, led by Qatar Investment Authority $400M$13.00B post-money
Investors
Who put money in
Qatar Investment Authority led the round with 12 other firms.
Lead investor
- Qatar Investment Authority backs 71 venture-backed companies new investor
Also in the round
- backs 48 venture-backed companies new investor
- Alta Park Capital new investor
- backs 6 venture-backed companies new investor
- backs 11 venture-backed companies new investor
- T. Rowe Price Associates, Inc. new investor
- Franklin Templeton new investor
- Durable Capital Partners backs 39 venture-backed companies new investor
- Technology Crossover Ventures backs 86 venture-backed companies new investor
- backs 42 venture-backed companies new investor
- Accel backs 581 venture-backed companies new investor
- backs 5 venture-backed companies new investor
- Neuberger Berman new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to product development, geographic expansion, sales and marketing, scaling operations and acquisitions.
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
- Acquisitions
Comparable rounds
How it compares
174 Series D rounds in Tech Companies within a year either side disclosed an amount; the median was $100M, and this round was 4.0 times the median. The closest in time, other companies' Series D rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| HiBob Tech Companies | 17 Aug 2022 | $150M | $2.45B | General Atlantic |
| Tech Companies | 17 Aug 2022 | $110M | $500M | Shamrock Capital |
| Tech Companies | 10 Aug 2022 | $105M | $775M | La Caisse |
| Tech Companies | 16 Aug 2022 | $100M | not disclosed | Koch Disruptive Technologies and SK hynix |
| Tech Companies | 3 Aug 2022 | $90M | not disclosed | Goldman Sachs and Thoma Bravo |
| Tech Companies | 23 Aug 2022 | $90M | not disclosed | SoftBank Vision Fund |
| Tech Companies | 25 Aug 2022 | $37M | $2.70B | DS Asset Management |
| Tech Companies | 29 Aug 2022 | $20M | not disclosed | Samsung Venture Investment and NewQuest Capital under TPG |
Sources
Where this comes from
Reported by 5 sources.
Questions
Frequently asked
How much did Celonis raise in its Series D round?
Celonis raised $400M in its Series D round, announced in Aug 2022.
Who led Celonis' Series D round?
Qatar Investment Authority led it, with Activant, Alta Park Capital, CF Private Equity, Arena Holdings and T. Rowe Price Associates, Inc. and 7 more.
What was Celonis' valuation at the Series D round?
$13.00B post-money ($12.60B pre-money).
How does it compare with other Series D rounds in Tech Companies?
174 Series D rounds in Tech Companies within a year either side disclosed an amount; the median was $100M, and this round was 4.0 times the median.