Founded in 2021, Prothentic has rolled out its flagship product Digital Footprint, a process intelligence product based on big data with self-developed PQL (Process Query Language), which can support real-time update, access, query and operation analysis of process data at the level of 2 billion rows.
Recently process mining company Prothentic (Chinese:望繁信科技) completed its Series A+ funding round with CNY 135 million (USD 20.018 million), led by B Capital Group and Kunlun Capital (Chinese:昆仑资本). It is the fourth funding found Prothentic has completed in one year.
The proceeds will be used for product development and market expansion, aiming to help more enterprises benefit from this technology by making process mining products more available.
In H2 2022, Prothentic plans to deepen its cooperation with process management design experts, consulting companies, industry experts, and other partners in the ecosystem to create solutions for more industry scenarios.
Qiang Suo (Chinese:索强), CEO of Prothentic, stated that process mining has a high technical entry barrier. At present, Prothentic has an R&D team of nearly 70 and the annual R&D cost is over CNY 30 million.
In December 2022, the company will comprehensively upgrade the product interface and functions of Digital Footprint (Chinese: 数字足迹), providing customers with a better experience and further empowering enterprise management.
Up to now, Prothentic has over 40 POC customers and around 20 customers from the retail, high-tech, manufacturing, and architecture industries, such as Deutsche Bank, China Resources（Chinese: 华润集团）, Yuexiu Property (Chinese: 越秀地产), Porsche China and several internet giants.
Its competitors include i-Search (Chinese: 艺赛旗), TaoData (Chinese:桃树科技), and Celonis.