Celaton
AI-powered intelligent automation for inbound document processing.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 | round | |
| investor investor | €0.0 | round | |
* | £5.0m Valuation: £5.0m 1.5x EV/Revenue 4.2x EV/EBITDA | Acquisition | |
| Total Funding | 000k | ||
| GBP | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | 20 % | 1 % | 2 % | (5 %) | (1 %) | 2 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | (2 %) | (9 %) | (5 %) | (1 %) | 3 % | 4 % | 36 % |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | (1 %) | (6 %) | (5 %) | (6 %) | (1 %) | 10 % | - |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| R&D % of revenue | - | 50 % | 50 % | 49 % | - | - | - |
Source: Company filings or news article
Related Content
Celaton, founded in 2004 by Andrew Anderson and Gary Grant, provides an intelligent process automation platform to enhance efficiencies in handling inbound documents. In May 2024, the company was acquired by AdvancedAdvT Ltd (ADVT), a business software and solutions specialist, for £5 million. The acquisition was completed on July 1, 2024.
The company's core offering is inSTREAM, an Intelligent Document Processing (IDP) platform delivered as a Software-as-a-Service (SaaS) solution. inSTREAM utilizes a combination of artificial intelligence (AI), machine learning (ML), robotic process automation (RPA), and optical character recognition (OCR) to automate the processing of both structured and unstructured content from various sources like emails, paper, and social media. The platform is designed to streamline end-to-end business processes, including accounts payable, sales order processing, customer correspondence, and claims management. It integrates with existing business systems through APIs to capture, classify, extract, and validate data, reducing manual effort and handling times.
Celaton serves a diverse client base across sectors such as retail, public sector, manufacturing, and transport, with notable customers including ASOS, Currys, and TalkTalk. The business model is primarily based on recurring subscription and transactional revenue, which accounted for 80% of its £3.3 million revenue for the fiscal year ending June 30, 2023. The platform supports 128 languages, enabling it to serve a global clientele.
Keywords: intelligent document processing, process automation, accounts payable automation, machine learning, data extraction, workflow automation, robotic process automation, sales order processing, unstructured data, business process automation, AI platform, content processing, SaaS, intelligent automation, claims processing, optical character recognition, OCR, IDP, IPA, correspondence management