Apromore Secures $15 Million in Series B-1 | The SaaS News
Summary
Apromore, a Melbourne, Australia-based provider of AI-driven process mining and digital solutions, has secured an additional $15 million in Series B extension.The round was led by existing investors with participation from Tin Alley Venturesa joint venture between Tanarra Capital and the University of Melbourneand other investors, bringing Apromores total amount of the Series B round to USD 25.3 million / AUD 38.7 million.The company will use the funds to deliver rapid customer value, expand in the US and Europe, and accelerate its AI product roadmap. Apromore plans to enhance its digital twin capabilities and no-code experience with an AI-enabled optimization engine for workflow simplification and automation, and provide conversational interfaces for efficient process discovery, analysis, and simulation.Founded in 2009, Apromore provides process mining and AI-driven business process improvement technology. They help businesses enhance operational efficiency, improve customer experience, and accelerate digital transformation through advanced process analytics. Their mission is to democratize process mining by enabling business teams to rapidly use advanced data science techniques to achieve digital transparency and operational excellence in a completely no-code environment. Apromore is headquartered in Melbourne and has a presence in London, New York, and other locations worldwide.