Eindhoven-based Konekti raises 1.2 million for process intelligence

"Eindhoven-based startup Konekti has raised €1.2 million to accelerate process intelligence. Konekti plans to use the investment to automate the construction of data models, a process that normally takes months but can now be completed in a matter of days. "For years, building data models was the main obstacle to further adoption of process intelligence," says Lotte Vugs, CEO and co-founder of Konekti. The speed gain is considerable. With Konekti, the process is five to ten times faster than before."

"The solution not only gives teams insights into where processes need to be improved, it also shows where AI can have the most impact. In addition, it provides AI agents with the process context they need to act effectively and responsibly. For many organizations, data transformation is the biggest obstacle to process intelligence. Developing and maintaining data models, the digital twins of business processes, often takes months."

"The technology fits seamlessly into existing ecosystems. The current investment round was led by Arches Capital, with participation from Brabant Development Agency (BOM). Robin Hendrickx, senior investment manager at BOM, points to the underestimated challenge of data preparation. "Konekti tackles one of the most underestimated but essential challenges in data preparation for process intelligence: reusability and speed. The platform converts data into concrete value for companies faster than ever""

Konekti has raised €1.2 million to accelerate process intelligence by automating the construction of data models. The automation reduces a process that normally takes months to a matter of days, delivering a five- to ten-fold speed improvement. The solution provides teams with insights into process improvement opportunities and identifies where AI can have the most impact. The platform also supplies AI agents with necessary process context to act effectively and responsibly. Automated models integrate with platforms such as Celonis, SAP Signavio and Microsoft Power Automate. The technology is already used by multinational process intelligence teams and consulting firms. Arches Capital led the funding round with participation from BOM.

Read at Techzine Global