Minit
Minit develops a process intelligence technology that helps Managers, Process Owners, Analysts and Consultants to make data-based decisions. It is a fast-growing technology company that focuses on transforming the way businesses analyze, monitor, and improve their internal processes. The outcome is a significant initial as well as continuous improvement in efficiency up to 30% which on a large scale results in millions of Euros earned or saved. Its clients are spread all around the world with the core being in Europe, but quickly expanding beyond its borders. The company are backed by a syndicate of international VCs and Process Mining the industry we are in is predicted to rival high-growth technology areas like RPA and Machine Learning. Minit has also received the BPM Next Innovation Award 2017 as well as BPM Hot Vendor 2017 by Aragon Research based in California and has been voted as Slovak IT Product of the year by PC Revue. Minit is a spinoff from GRADIENT ECM, an international IT company that develops an award-winning document that captures and processes mining products. Its mission is to make complicated processes transparent and provide actionable process insights to companies in every industry sector. They help companies find new ways to increase productivity and discover cost-saving opportunities in all of their processes.
Minit
Minit develops a process intelligence technology that helps Managers, Process Owners, Analysts and Consultants to make data-based decisions. It is a fast-growing technology company that focuses on transforming the way businesses analyze, monitor, and improve their internal processes. The outcome is a significant initial as well as continuous improvement in efficiency up to 30% which on a large scale results in millions of Euros earned or saved. Its clients are spread all around the world with the core being in Europe, but quickly expanding beyond its borders. The company are backed by a syndicate of international VCs and Process Mining the industry we are in is predicted to rival high-growth technology areas like RPA and Machine Learning. Minit has also received the BPM Next Innovation Award 2017 as well as BPM Hot Vendor 2017 by Aragon Research based in California and has been voted as Slovak IT Product of the year by PC Revue. Minit is a spinoff from GRADIENT ECM, an international IT company that develops an award-winning document that captures and processes mining products. Its mission is to make complicated processes transparent and provide actionable process insights to companies in every industry sector. They help companies find new ways to increase productivity and discover cost-saving opportunities in all of their processes.
TL;DR
Domain: minit.io
Product: Process-mining / process-intelligence platform
Founded: 2014/2015 (Bratislava, Slovakia)
Acquisition: Acquired by Microsoft (announcement March 31, 2022)
Company Overview
Problem Domain
Process mining / process intelligence for enterprise process optimization and automation
Founded
2015
Industry
Software / Process Mining
Funding Track Record
Series A announced Oct 16, 2019; other reported investors include Salesforce Ventures, OTB Ventures and Bek Ventures.
Investor Signal
“Backed by international VCs including Target Global and Salesforce Ventures; acquired by Microsoft in 2022”