About GBTEC
GBTEC is a company based in Bochum (Germany) founded in 2005 by Marc Oliver Stromberg and Gregor Greinke was acquired by The Carlyle Group in November 2023. GBTEC has raised $34 million across 4 funding rounds from investors including The Carlyle Group, EDBI and Morado Ventures. The company has 107 employees as of December 31, 2018. GBTEC has completed 1 acquisition, including avedos GRC. GBTEC offers products and services including BIC Process Design, BIC EAM, BIC Process Execution, BIC Process Mining, and BIC GRC. GBTEC operates in a competitive market with competitors including Palantir, Appian, NAVEX Global, AuditBoard and ProcessMaker, among others.
- Headquarter Bochum, Germany
- Employees 107 as on 31 Dec, 2018
- Founders Marc Oliver Stromberg, Gregor Greinke
-
Sectors
Technology
-
Email
Locked
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Gbtec Software Ag
-
Annual Revenue
Not available
-
Net Profit
Not available
-
EBITDA
Not available
-
Total Equity Funding
$34 M (USD)
in 4 rounds
-
Latest Funding Round
$17 M (USD), Series B
Jun 28, 2018
-
Investors
The Carlyle Group
& 2 more
-
Employee Count
107
as on Dec 31, 2018
- Investments & Acquisitions
-
Acquired by
The Carlyle Group
(Nov 23, 2023)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of GBTEC
GBTEC offers a comprehensive portfolio of products and services, including BIC Process Design, BIC EAM, BIC Process Execution, BIC Process Mining, and BIC GRC.
AI-powered tool for process design and analysis
Platform for enterprise architecture and IT management
No-code system for automating business workflows
Tool for discovering and optimizing process data
Solution for enterprise risk and compliance management
People of GBTEC
Unlock access to complete
Funding Insights of GBTEC
GBTEC has successfully raised a total of $34M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $17 million completed in June 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in GBTEC
GBTEC has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include The Carlyle Group, EDBI and Morado Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Government-backed investments are directed toward healthcare, fintech, and various sectors.
|
Locked | Locked | Locked | |
|
US based VC firm investing in seed stage
|
Locked | Locked | Locked | |
|
Private equity investments are directed toward multiple sectors.
|
Locked | Locked | Locked |
Investor details for GBTEC
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by GBTEC
GBTEC has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include avedos GRC.
Investment portfolio details for GBTEC
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Integrated GRC management software is provided by avedos GRC.
|
Locked | Locked | 2005 | Locked |
Complete acquisition details for GBTEC
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - GBTEC
Detailed financials for GBTEC
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Gbtec Comparisons
Peer comparison for GBTEC
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of GBTEC
GBTEC operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Palantir, Appian, NAVEX Global, AuditBoard and ProcessMaker, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Platform that provides data analysis and management solutions
|
|
| Locked | Locked | Locked |
Cloud-based low-code platform enables application development and automation.
|
|
| Locked | Locked | Locked |
Cloud-based ethics and compliance software is provided for risk management.
|
|
| Locked | Locked | Locked |
Cloud-based GRC and audit management solutions are provided.
|
|
| Locked | Locked | Locked |
Open source based BPM and workflow software
|
|
| Locked | Locked | Locked |
Provider of solutions for third party risk management to banks
|
Detailed competitors of GBTEC
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Gbtec
Complete news archive for GBTEC
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about GBTEC
GBTEC was founded in 2005 and raised its 1st funding round 9 years after it was founded.
GBTEC is headquartered in Bochum, Germany. It is registered at Bochum, North Rhine-westphalia, Germany.
Gregor Greinke is the current CEO of GBTEC. They have also founded this company.
GBTEC is a funded company, having raised a total of $34M across 4 funding rounds to date.
As of Dec 31, 2018, the latest employee count at GBTEC is 107.
Cloud-based business process management(BPM) software. It provides solutions such as BIC cloud design (modeling optimization), BIC cloud workflow (process execution), and BIC cloud monitor (process measurement monitoring). BIC cloud design offers solutions such as process modeling analysis, process portal, release cycle management, and document management. Also provides services such as process management consulting, product consulting, process management training, and business process modeling.
GBTEC's top competitors include Palantir, Appian and AuditBoard.
GBTEC offers BIC Process Design, BIC EAM, BIC Process Execution, BIC Process Mining, and BIC GRC.
GBTEC has made 1 acquisition, including avedos GRC.
GBTEC has 3 investors. Key investors include The Carlyle Group, EDBI, and Morado Ventures.