Apromore Funding Round

12/5/2022

Venture Equity

$10,300,000

Series B

The company intends to use the funds to expand its product capabilities and connectivity options to meet the demand for process mining solutions from financial services, telecom, and other service-oriented businesses, further develop its geographic presence, and extend its product portfolio into the field of prescriptive process analytics and AI-augmented process optimization.

Private & Independent

Software

4C/700 Swanston Street
Carlton Melbourne, VIC 3053
AU

Undisclosed

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.