BonitaSoft

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BonitaSoft - overview

Location

Grenoble, -, France

Primary Industry

Business Support Services

About

BonitaSoft is a leading provider of Business Process Automation solutions, enabling organizations to optimize workflows and enhance operational efficiency through its low-code platform. BonitaSoft specializes in Business Process Automation, providing a platform that integrates and manages workflows. Founded by Charles Souillard and Miguel Faura, the company is headquartered in Grenoble, France. In March 2022, BonitaSoft secured EUR 5.


000 mn in a Series B funding round led by Auriga Partners, Bpifrance Investissement, Serena, and Ventech, contributing to a total of EUR 5. 000 mn raised. The current company valuation stands at EUR 42. 818 mn.


BonitaSoft offers a Business Process Automation (BPA) platform designed to streamline complex business operations and enhance efficiency across various sectors. The core product, Bonita, features a low-code interface for building and managing workflows, enabling integration with both legacy and modern applications. Targeting industries such as banking, insurance, healthcare, and manufacturing, BonitaSoft focuses on automating end-to-end processes and providing advanced analytics and real-time monitoring tools to improve operational agility. In 2020, BonitaSoft generated revenue of EUR 9,094,479.


40 and an EBITDA of EUR 2,128,672. 90. The company operates on a subscription-based model, offering various pricing plans and generating revenue primarily through software licenses, professional services, and training programs, catering to B2B enterprises requiring automation solutions. The recent investment in March 2022 will allow BonitaSoft to accelerate the sales of its new Cloud offering and expand into French and Spanish-speaking countries.


The funding will also drive innovations in Process Analytics, aiming for timely product releases that enhance the platform. The strategic focus on market expansion and product development is set to enhance BonitaSoft's position in the automation sector.


Current Investors

Fortino Capital, Auriga Partners, Ventech

Primary Industry

Business Support Services

Sub Industries

Business Support Services, Software

Website

www.bonitasoft.com

Company Stage

Mature

Total Amount Raised

Subscriber access only

BonitaSoft - timeline of key events

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BonitaSoft - financials

Fiscal Year EndedDec 31, 2016Dec 31, 2017Dec 31, 2018Dec 31, 2019Dec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024
Revenue (USD)5,990,8436,535,3806,810,8327,581,9057,963,592----
% Revenue Growth (YoY)-9.1%4.2%11.3%5.0%----
EBITDA (USD)(472,790)(299,347)1,088,584324,6771,863,975----
Operating Income (USD)(500,757)(321,944)1,074,036302,4301,763,353----
Operating Margin(8.4%)(4.9%)15.8%4.0%22.1%----
% EBITDA Margin(7.9%)(4.6%)16.0%4.3%23.4%----
NET Income (USD)(349,043)846,535850,8756,351,7672,032,396----
% Net Margin(5.8%)13.0%12.5%83.8%25.5%----

BonitaSoft - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Secondary BuyoutCompletedBonitaSoft-

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BonitaSoft - employee data

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