Signavio

Signavio GmbH
IndustryBusiness process management
Founded2009 (2009)
FoundersGero Decker, Torben Schreiter, Nicolas Peters, Willi Tscheschner, Mathias Weske
Headquarters
Berlin
,
Germany
Products
  • Signavio business transformation solutions
  • SAP Signavio Process Manager
  • SAP Signavio Process Intelligence
  • SAP Signavio Process Governance
Services
OwnerSAP (2021-present)
Websitewww.signavio.com

Signavio is a vendor of Business Process Management (BPM) software based in Berlin and Silicon Valley. Its main product is Signavio Process Manager, a web-based business process modeling tool. The company was acquired by SAP in March 2021[1] for 950 million euros.[2]

History

The company was founded by a team of alumni from Hasso Plattner Institute (HPI) in Potsdam, Germany.[3]

Prior to Signavio, the founders were involved in[vague] development of the world's first web modeler for BPMN at HPI.[4] This technology, known as the "Oryx project", was published under an Open Source license and served as blueprint for the Signavio Process Manager.[5][6]

Signavio is headquartered in Berlin, Germany.[7] In 2012, the company was incorporated in the United States as Signavio Inc. with an office in Burlington, Massachusetts.[8]

On July 11, 2019, Signavio raised $177 million, led by Apax Digital (the growth equity team of Apax Partners), with DTCP.[9]

On January 21, 2021, SAP announced that it would acquire Signavio.[10] The acquisition was completed on March 5, 2021.[11]

Awards

In 2011, the German Federal Ministry of Economy and Technology named Signavio "ICT startup of the Year"[12] and selected the firm for its "German Silicon Valley Accelerator" program.[13]

References

  1. ^ "SAP Completes Acquisition of Signavio". SAP Signavio. Retrieved 2022-12-10.
  2. ^ "Strategieschwenk kommt SAP teuer zu stehen". www.handelsblatt.com. Retrieved 2023-10-18.
  3. ^ "Hasso-Plattner-Institut Alumni Startups". HPI. Archived from the original on May 3, 2012. Retrieved May 2, 2012.
  4. ^ "Alumni Fireside Chat at HPI". Hasso-Plattner-Institut. 2024-10-18. Retrieved 2025-05-19.
  5. ^ "Oryx-Editor Google Code source". Retrieved October 14, 2020.
  6. ^ "Oryx Editor Github source". GitHub. Retrieved October 14, 2020.
  7. ^ "Legal info | Signavio". Signavio | The Only All-in-One Business Process Software. Retrieved 2021-02-16.
  8. ^ "Legal info | Signavio". Signavio | The Only All-in-One Business Process Software. Retrieved 2021-02-16.
  9. ^ Lunden, Ingrid (2019-07-11). "Signavio raises $177M at a $400M valuation for its business process automation solutions". TechCrunch. Retrieved 2025-05-19.
  10. ^ "SAP to Acquire Signavio". SAP News Center. 2021-01-27. Retrieved 2021-02-16.
  11. ^ "SAP Completes Acquisition of Signavio". 5 March 2021.
  12. ^ "Rösler prämiert erfolgreichste IKT-Unternehmensgründungen". BMWi. June 20, 2011. Archived from the original on April 1, 2012. Retrieved April 17, 2012.
  13. ^ "Go West: The first six IT start-ups are headed for Silicon Valley from January 2012". BMWi. Nov 14, 2011. Retrieved Apr 17, 2012.{{cite web}}: CS1 maint: deprecated archival service (link)

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