Apromore, a leading provider of AI-driven process mining and digital solutions, announced it has closed an additional $15 million in funding as an extension to its Series B, led by existing investors with participation by Tin Alley Ventures, a joint venture between Tanarra Capital and the University of Melbourne and other investors. This funding brings the total amount of the Series B round to $25.3 million USD / $38.7 million AUD. Apromore has been continuing to experience momentum, with its revenue growing by triple-digit growth rates in the last twelve months. And the new investment enables Apromore to continue delivering rapid value to its customers and will be used to support additional expansion in the US and Europe and accelerate Apromore’s AI product roadmap. The company – which is building on its digital twin capabilities and its no-code user experience – will continue to extend the platform’s capabilities with an AI-enabled optimization engine to recommend opportunities to simplify, automate, and standardize activities and workflows, and to provide conversational interfaces for efficient discovery, analysis, and simulation of end-to-end processes. The lack of as-is process visibility and the inability to model and test changes or automation before implementation can compromise promising […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
