Celonis: helping companies automate worldwide
Celonis cofounders Alexander Rinke, Bastian Nominacher, and Martin Klenk
Valuation: $1 billion
Total raised to date: $77.5 million
Year founded: 2011
HQ: Munich, Germany
What it does: A big data startup that helps companies find the areas they should automate.
Why it’s hot: Celonis zoomed to unicorn status this year with a unique take on a buzzword trend known as “digital transformation.” That’s where companies look for ways to use apps and tech over legacy methods. Celonis sifts through data to help them find areas and processes that can be automated. It has gained a growing clientele of big customers including Siemens, GM, 3M, Schlumberger, Airbus and Vodafone.
Cohesity: a storage startup with a veteran founder
Cohesity CEO Mohit Aron
Valuation: $1.1 billion
Total raised to date: $411 million
Year founded: 2013
HQ: San Jose, CA
What it does: Helps make storage back-ups less expensive, easier to manage, and easier to sift through for big data projects.
Why it’s hot: Cohesity is the second-act for its founder Mohit Aron, who had previously co-founded Nutanix. And its been growing like a weed ever since. In 2018, Cohesity landed a massive $250 million round of investment from Softbank’s Vision Fund, only the second enterprise company to be backed by the massive fund.