In this special episode of “What’s The Deal?” we hear about the journey of tech startup, Celonis and how it went from college startup in 2011 to reach a valuation of almost $13 billion today. The company recently raised $1 billion in funding and is now a global leader in the so-called “process mining” tech space. Ahead of the annual J.P. Morgan Tech Stars Conference in London, Stefan Povaly, Head of J.P. Morgan in Germany sits down with Bastian Nominacher, the co-founder and co-CEO of Celonis to discuss how they got started, recent financing and plans for the future, as well as some top tips for new tech founders. This episode was recorded on September 23, 2022. This material was prepared by certain personnel of JPMorgan Chase & Co. and its affiliates and subsidiaries worldwide and not the firm’s research department. It is for informational purposes only, is not intended as an offer or solicitation for the purchase, sale or tender of any financial instrument and does not constitute a commitment, undertaking, offer or solicitation by any JPMorgan Chase entity to extend or arrange credit or to provide any other products or services to any person or entity. © 2022 JPMorgan Chase & Company. All rights reserved.

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