Another Monday Service GmbH Deutschland

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Another Monday Service GmbH Deutschland - overview

Established

2005

Location

Cologne, -, Germany

Primary Industry

Software

About

Another Monday Service GmbH is a software company specializing in robotic process automation solutions, designed to improve operational efficiency and streamline business workflows across various sectors. Founded in 2005 in Cologne, Germany, Another Monday Service GmbH focuses on delivering automation solutions for business processes. The company was acquired by Hyland Software, Inc. , a portfolio company of Thoma Bravo, in August 2020, although financial terms were not disclosed.


Another Monday Service GmbH offers a comprehensive software solution centered around robotic process automation (RPA) that enhances operational efficiency through end-to-end automation. Its core product allows organizations to automate various business processes, facilitating streamlined workflows across departments like accounting, human resources, and legal. The RPA platform integrates with existing systems using low-code tools, enabling diverse task automation while providing documentation for improved visibility and compliance. The software is utilized by thousands of organizations globally, including government entities and utility providers, across industries such as healthcare, financial services, and education, with deployments in North America, Europe, and Asia-Pacific.


The company operates on a subscription-based revenue model, engaging clients in long-term partnerships to access its software solutions. Clients typically pay for the RPA service as part of a broader content services platform, which includes consultation and implementation services. Their pricing plans are tiered according to the scale of automation and the user or bot count, ensuring ongoing access to new features and support. Following its acquisition in August 2020, Another Monday Service GmbH is expected to leverage resources from Hyland Software to enhance its product offerings and expand into new geographic markets.


The company plans to develop additional automation products, although specific release dates have not been disclosed. The strategic growth initiatives will be supported by the integration of Hyland’s existing infrastructure and expertise in software solutions.


Current Investors

Hyland Software, Inc.

Primary Industry

Software

Sub Industries

Analytics & Performance Software, Systems Management Software

Website

www.anothermonday.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Another Monday Service GmbH Deutschland - 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)
Add-onCompletedAnother Monday Service GmbH Deutschland-

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