Apromore, a Melbourne, Australia-based provider of AI-driven process mining and digital solutions, raised $15M in Series B-1 funding.
The round was led by existing investors with participation by Tin Alley Ventures and other investors. This financing brings the total amount of the Series B round to $25.3M USD / $38.7M AUD.
The company intends to use the funds to expand in the US and Europe and accelerate AI product roadmap.
Led by CEO Marcello La Rosa, Apromore is a provider of process mining and AI-driven business process improvement technology, which enables business teams to rapidly use advanced data science techniques to achieve digital transparency and operational services, in a completely no-code environment. Building on its digital twin capabilities and its no-code user experience, the company 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.
FinSMEs
06/08/2024