{
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  "name": "Camunda",
  "url": "https://camunda.com",
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  "one_liner": "Enterprise platform for agentic orchestration \u2014 coordinating AI agents, people, and systems across governed end-to-end processes.",
  "what_the_agent_does": "Orchestrates AI agents inside BPMN workflows with governance, auditability, and human oversight so regulated enterprises (banks, insurance, public sector) can move agents from pilots into production without losing control of live processes.",
  "business_model": "Enterprise SaaS / Process Automation as a Service (Camunda Cloud) + open-source core; partner-led GTM; no new external equity since 2021 Series B",
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    {
      "label": "Funding",
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      "value_text": "\u20ac82M (~$100M) Series B led by Insight Partners with Highland Europe; no additional external funding since 2021 (company)",
      "as_of": "2021-03-22",
      "source_url": "https://camunda.com/press_release/camunda-closes-100-million-series-b-funding-round",
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    {
      "label": "Valuation",
      "value_usd": 1000000000,
      "value_text": "unicorn status (over $1B) via employee equity buy-back program; founders remain majority shareholders (company Aug 2026 press; CEO LinkedIn clarification)",
      "as_of": "2025",
      "source_url": "https://camunda.com/press-releases/camunda-closing-in-on-200m-in-arr-doubling-revenue-in-record-time/",
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    {
      "label": "Customers",
      "value_usd": 700,
      "value_text": "trusted by over 700 organizations worldwide, including 9 of the top 10 US banks",
      "as_of": "2026-08",
      "source_url": "https://camunda.com/press-releases/camunda-closing-in-on-200m-in-arr-doubling-revenue-in-record-time/",
      "source_name": "Camunda press release",
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        "code": 200,
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  ],
  "founded": 2008,
  "team_size_text": "Co-founded by Jakob Freund (CEO) and Bernd R\u00fccker; Berlin + San Francisco; last external raise 2021; employee buy-back valued company >$1B (2025)",
  "lessons": [
    "Agentic orchestration (agents + people + systems under one governed process) is what regulated enterprises buy when pure autonomous agents feel unsafe.",
    "Capital efficiency compounds: no new equity since 2021 Series B while climbing toward $200M ARR \u2014 customers funding growth.",
    "Category creation works when you own the conference narrative: Camunda defined 'agentic orchestration' in 2025; a year later nearly half of CamundaCon sessions were customer case studies."
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  "tags": [
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    "enterprise",
    "workflow",
    "agents",
    "open-source",
    "governance"
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  "age_days": 62,
  "tier_label": "Venture-backed",
  "tier_note": "Has raised outside venture funding (e.g. Y Combinator or VC rounds). Says nothing about revenue size.",
  "independent": true,
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      "value_usd": 100000000,
      "value_text": "first $100M ARR (company: took ~10 years to reach; baseline of the subsequent 2-year climb toward $200M)",
      "source_url": "https://camunda.com/press-releases/camunda-closing-in-on-200m-in-arr-doubling-revenue-in-record-time/",
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    {
      "as_of": "2026-08",
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      "label": "ARR",
      "value_usd": 200000000,
      "value_text": "ARR nearing $200M and expected to exceed by end of 2026; second $100M added in ~2 years after the first $100M (company, Aug 4 2026); NRR over 120%",
      "source_url": "https://camunda.com/press-releases/camunda-closing-in-on-200m-in-arr-doubling-revenue-in-record-time/",
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  "related": [
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      "slug": "n8n",
      "name": "n8n",
      "category": "automation-platforms",
      "tier": "venture",
      "category_label": "Automation platforms",
      "tier_label": "Venture-backed",
      "one_liner": "Fair-code workflow platform for orchestrating AI agents with human controls.",
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      "url_profile": "https://mrrledger.com/b/n8n/",
      "compare_url": "https://mrrledger.com/compare/?a=camunda&b=n8n",
      "score": 10,
      "why": [
        "same category",
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      "slug": "scribe",
      "name": "Scribe",
      "category": "automation-platforms",
      "tier": "venture",
      "category_label": "Automation platforms",
      "tier_label": "Venture-backed",
      "one_liner": "Workflow AI platform that captures how work is done and feeds that context to people and AI agents.",
      "annualized_revenue_usd": 100000000,
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      "url_profile": "https://mrrledger.com/b/scribe/",
      "compare_url": "https://mrrledger.com/compare/?a=camunda&b=scribe",
      "score": 8,
      "why": [
        "same category",
        "same tier",
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        "similar scale"
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    {
      "slug": "lindy",
      "name": "Lindy",
      "category": "automation-platforms",
      "tier": "venture",
      "category_label": "Automation platforms",
      "tier_label": "Venture-backed",
      "one_liner": "No-code 'Zapier of AI' for building agents that take actions across apps.",
      "annualized_revenue_usd": null,
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      "confidence": null,
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      "url_profile": "https://mrrledger.com/b/lindy/",
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      "score": 6,
      "why": [
        "same category",
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    {
      "slug": "capacity",
      "name": "Capacity",
      "category": "customer-support",
      "tier": "venture",
      "category_label": "Customer support",
      "tier_label": "Venture-backed",
      "one_liner": "Unified agentic support and CX automation platform \u2014 AI agents, agent assist, auto-QA, and outbound from one knowledge orchestration layer.",
      "annualized_revenue_usd": 100000000,
      "revenue_disclosed": true,
      "confidence": null,
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      "url_profile": "https://mrrledger.com/b/capacity/",
      "compare_url": "https://mrrledger.com/compare/?a=camunda&b=capacity",
      "score": 5,
      "why": [
        "same tier",
        "shared: agents, enterprise",
        "similar scale"
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}