Celonis
Business Processes
New York City, New York
Overall Rank: 2
Category: Business Processes
Category Rank: 1
Awards:
Top Software Companies of 2024
Profile
Celonis makes processes work for people, companies, and the planet. The Celonis Process Intelligence Platform uses industry-leading process mining and AI technology and augments it with business context to give customers a living digital twin of their business operation. It’s system-agnostic, without bias, and provides everyone with a common language for understanding and improving businesses. Celonis enables its customers to continuously realize significant value across the top, bottom, and green line.
Celonis is headquartered in Munich, Germany, and New York City, USA, with more than 20 offices worldwide.
Key Products
The Celonis Process Intelligence Graph is the connective tissue at the heart of Celonis’s process mining platform, helping you understand how objects and events interact, how processes are interconnected, how your business runs, and how it can run even better.
To make your Process Intelligence Graph, Celonis extracts and standardizes your process data from any data source, all without replacing or interfering with the tools and applications your company already uses. Then, we layer in a decade of our own standardized process knowledge and AI.
The result? Unparalleled Process Intelligence — so you know where value is hiding and how to extract it.
Key Executives
Alex Rinke, Co-Founder & Co-CEO
Alex Rinke is co-founder and co-CEO of Celonis, the global pioneer and leader in process mining and Process Intelligence, which makes processes work for people, companies and the planet.
In 2011, Alex and his two co-founders discovered process mining and realized its limitless potential to help businesses by revealing and fixing the inefficiencies that cannot be seen. Together, they created Celonis and turned process mining into a global technology category, and cemented its journey of becoming a generational company.
In today’s rapidly evolving technological landscape, Process Intelligence is more critical than ever. For organizations aiming to extract maximum value from their operations and tech investments—especially AI—PI is indispensable. In fact, as Alex often emphasizes, there is no enterprise AI without PI. This is a pivotal insight for any organization looking to stay competitive in the digital age.
Today, Alex steers the company’s global vision and its strategy to help customers unlock billions of dollars in hidden value across the top, bottom and green lines.
Bastian Nominacher, Co-Founder, Co-CEO & CFO
Founded in 2011, Celonis is one of the fastest-growing software companies of all-time, with more than 3,000 employees across more than 20 offices globally.
Basti, along with his co-founders Alex Rinke & Martin Klenk, were pioneers in bringing process mining out of academia and building a scalable tool that allowed even the largest companies in the world to benefit from process mining across systems and departments.
They successfully grew Celonis in the first five years without external funding, scaling rapidly across the globe ever since.
At Celonis, Basti is responsible for the European and Asian regions as well as for Finance, Operations, HR, Security and the overall business strategy. He is passionate about and committed to drive value for customers, and is also an advocate for the Celonis Ecosystem, which includes some of the world’s greatest IT platform providers.
Basti and his co-founders were awarded the “Deutsche Zukunftspreis” by German Federal President Frank-Walter Steinmeier in 2019.
Martin Klenk, Co-Founder & Chief Technology Officer
Martin is co-founder and Chief Technology Officer of Celonis, the pioneer and global leader in process mining and Process Intelligence, which makes processes work for people, companies and the planet. Born out of a university project in 2011, Martin and his two co- founders discovered a new technology called process mining and realized its limitless potential to reveal and fix the inefficiencies businesses can’t see. Together, the co-founders created Celonis and turned process mining into the global technology category it is today.
Martin and his team successfully grew the company in the first without external funding, scaling rapidly across the globe ever since – Celonis is now represented in more than 25 offices worldwide, and in addition partnering with leading technology companies such as IBM, Accenture, Deloitte, McKinsey and more. Meanwhile Celonis has earned decacorn status, completed a $1 billion Series D round in June 2021, secured an additional $1 billion in liquidity in August 2022 and is currently valued at $13 billion.
Martin studied computer sciences at the Technical University of Munich and specialized in databases, algorithms and new big-data technologies.
As one of the company’s co-founders, Martin was awarded the “Deutsche Zukunftspreis” by German Federal President Frank-Walter Steinmeier in 2019.
Carsten Thoma, President
Carsten Thoma is President of Celonis, the global pioneer and leader in process mining and Process Intelligence, which makes processes work for people, companies and the planet. He leads the company alongside co-CEOs Alex Rinke and Bastian Nominacher.
Carsten has been a highly committed supporter of Celonis since its early days. He was the first external investor and has been a board member and advisor since 2016. Carsten joined Celonis in 2022 in an operative capacity, after acting as a mentor to the company for several years.
As president, Carsten is responsible for shaping Celonis’ corporate strategy and development, marketing, platform ecosystem, people and culture, as well as Celonis Labs to foster innovation. With more than 25 years of industry experience, Thoma brings a set of experiences that are critical for founder-led, hyper-growth companies that are creating new technologies and categories.
In 1997 Thoma co-founded Hybris GmbH, which pioneered and shaped the modern ecommerce platform. Hybris is renowned for being the first company to solve the complexity of B2B omni-channel ecommerce and inventory management. Hybris became the first centaur and unicorn out of Europe and its success laid the foundation for the vibrant technology startup scene in Germany.
He led Hybris through all phases — from the first set of employees, to introducing the industry’s first cloud ecommerce platform, to a highly profitable business. After SAP acquired Hybris in 2013, Carsten served as global president and member of the Global Executive Team at SAP until 2018. Under his leadership SAP hybris evolved into the fastest growing business and led SAP’s shift to the cloud.
Carsten has spent several years as an angel investor and mentor of several emerging start-ups, Celonis included. He works with numerous global funds and is Key Advisor to La Famiglia.
Carsten studied law and holds a degree in economics.
Competitors
- IBM Process Mining
- SAP Signavio
- Microsoft Power Automate
- UI Path
Corporate Responsibility
We are here to unlock the potential of the world’s processes, to make them work for the planet rather than against it. One of our core values is ‘Earth is our future’, and one of our key value propositions is delivering green value for our customers.
Because we wanted to make sure any sustainability initiatives we launched were truly impactful for our stakeholders — both internal and external — we started with a comprehensive materiality assessment and continuously report on our progress and commitments. Our next Sustainability Report will be out before EOY.
Our Net Zero Climate Program
To limit global warming to no more than 1.5°C – as called for in the Paris Agreement – global emissions need to be reduced by 45% by 2030 and a state of net zero needs to be reached by 2050.
In order to play our part in meeting that target, we have set up our Climate Action Plan, which includes reduction targets, clear reduction measures, and investments in high-quality climate projects beyond our own value chain.
Celonis has committed to set near- and long-term science-based targets in line with the Science Based Targets initiative (SBTi) Net-Zero Standard. This standard represents the most ambitious and globally recognized framework for climate target setting. We plan to submit our sustainable goals to the SBTi in 2023.
Alongside committing to setting SBTs, Celonis has also joined several coalitions: Business Ambition for 1.5°, Race to Zero, and the We Mean Business Coalition. We are excited to have those new platforms to exchange with other companies on the journey towards net zero.
Delivering Green Value
Today, only 1 in 2 businesses are achieving their environmental goals. While many organizations have started to invest in reporting, they struggle to operationalize their sustainability strategy. Their operational data is spread across a complex landscape of systems, people, and processes and the methods for collecting that data are manual, and error-prone. This is where we can help.

LEAVE A REPLY