During the economically challenging pandemic year, Process Mining proves to be one of the key technologies for businesses to increase operational efficiency.
As a result, Minit manages to grow, acquire new customers, and establish its presence in the US.
To support business scaling to new regions and industries, new partnerships with TechMahindra, Accenture, and many others are announced, including the strategic alliance with EdgeVerve, a task mining vendor.
Minit takes part in the most relevant reports by industry analysts from Gartner, HFS, and Everest Group.
Minit successfully completed the Series A funding with €7M from Target Global, Salesforce Ventures, Earlybird, and OTB Ventures, raising the company's valuation by more than 500% within the last two years.
Mother company is moved to Netherlands, and Minit B.V. is established.
Christian Morales from Intel and Uwe Seltmann from USN Global join the advisory ranks of Minit.
Minit attracts Dan Lupu from Earlybird and Marcin Hejka from OTB Ventures as first institutional investors, closing a seed investment round of €3.3M.
During 2018/2019, business entities and offices in the Netherlands, UK, and the US are opened.
Multiple partnerships and technology alliances (NICE, Qlik, Blueprism, and others) are established.
Minit company is founded and first customers and partners are acquired.
Minit 1.0 is launched, winning the Microsoft Industry Award.
The technical specification is prepared and a dedicated R&D team for a new Process Mining platform is assembled.
Rasto Hlavac, the founder & CEO of Minit, begins exploring the topic of Process Mining in cooperation with the Slovak University of Technology in Bratislava.