The Singapore startup betting that insurers do not need to replace their aging core systems - they need software smart enough to work around them.
Celonis is a German-American enterprise software company that pioneered the process mining market. Its Process Intelligence platform reconstructs how a company's work actually flows by reading event logs from systems like SAP, Oracle, Salesforce and ServiceNow, then surfaces bottlenecks, rework and hidden inefficiencies and helps fix them through automation, simulation and, increasingly, AI agents. Founded in 2011 by three Technical University of Munich graduates, Celonis serves more than 1,500 enterprise customers and was last valued at roughly $13 billion.