Tech Company Financing Transactions
Apromore Funding Round
Private investors participated in a $15 million Series B funding round for Apromore. The round was announced on 8/6/2024.
Transaction Overview
Company Name
Announced On
8/6/2024
Transaction Type
Venture Equity
Amount
$15,000,000
Round
Series B
Investors
Proceeds Purpose
The company intends to use the funds to expand in the US and Europe and accelerate AI product roadmap.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
4C/700 Swanston Street
Carlton Melbourne, VIC 3053
AU
Carlton Melbourne, VIC 3053
AU
Phone
Undisclosed
Website
Email Address
Overview
Since its inception in 2009, Apromore has been on a mission to democratize process mining by making it easy for business users to use complex data science algorithms and AI to accelerate process discovery and gain a better understanding of their business processes. Today, we help organizations of all stripes improve operational excellence and business performance through advanced business process analysis. Apromore is one of the few process mining tools built by the people at the forefront of process mining research. Our process mining software is the result of over ten years of research and innovation at the University of Melbourne (Australia), the University of Tartu (Estonia), and several other world-renowned universities. Apromore continues to incorporate the latest process mining research discoveries to help customers create better outcomes by understanding, monitoring and simulating changes to business processes.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Marcello Rosa
Co-Founder
Ilya Verenic
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