Celonis, a spin-off from the Technical University Munich, was founded in 2011 and joined German Accelerator Silicon Valley in 2013. The signs that Celonis would stand out among other startups were there right from the start: Profitable from its very beginning and in 2011, it was ranked as Germany’s fastest-growing technology company in 2015. Celonis secured $50 million in venture capital to become the newest German unicorn. That brings the total number of privately-owned German startups with billion-dollar valuations to five.
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