When was GBTEC founded?

GBTEC was founded in 2005 and raised its 1st funding round 9 years after it was founded.

Where is GBTEC located?

GBTEC is headquartered in Bochum, Germany. It is registered at Gesundheitscampus-Sued 23 44801 Bochum.

Who is the current CEO of GBTEC?

Gregor Greinke of GBTEC. They have also founded 1 company.

How many employees does GBTEC have?

As of Sep 30, 2026, the latest employee count at GBTEC is 269.

Is GBTEC a funded company?

GBTEC is a funded company, having raised a total of $34M across 4 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Apr 09, 2014.

When was the latest funding round of GBTEC?

GBTEC's latest funding was a $***** Series B round on Jun 28, 2018, with participation from 0 investor.

Where does GBTEC rank among its competitors?

GBTEC ranks 7th amongst 1780 active competitors, of which 121 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was Behavox, which secured $175M in Jun, 2026.

Who are the top competitors of GBTEC?

GBTEC's top competitors include Palantir, Appian and Vanta. Among them, Behavox secured the most recent funding round in June, 2026.

GBTEC - 2026 Company Profile, Team, Funding & Competitors

GBTEC is an acquired company based in Bochum (Germany), founded in 2005 by Gregor Greinke and Marc Oliver Stromberg. It operates as a Cloud-based business process management software. GBTEC has raised $34M in funding. The company has 1780 active competitors, including 121 funded and 94 that have exited. Its top competitors include companies like Palantir, Appian and Vanta.

Company Details

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.

Website: www.gbtec.com/
Social
Email ID: *****@gbtec.de
Phone Number: +49 **********
Registered Address: Gesundheitscampus-Sued 23 44801 Bochum

Key Metrics

Founded Year

2005

Location

Bochum, Germany

Stage

Acquired

Total Funding

$34M in 4 rounds

Latest Funding Round

Series B, Jun 28, 2018, $*****

Investors

Thecarlylegroup.fr & 4 more

Ranked

7^th among 1780 active competitors

Employee Count

269 as on Sep 30, 2026

Investment & Acquisitions

Apromore & 4 more

Similar Companies

Palantir & 1294 more

Exit Details

Acquired by The Carlyle Group (Nov 23, 2023)

View GBTEC's full profile

GBTEC is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
GBTEC Software AG CIN: HRB9621 , Germany, Active	Dec 31, 2004	-	107 (As on Dec 31, 2018)

GBTEC got acquired by The Carlyle Group on Nov 23, 2023.

Click here to take a look at GBTEC's acquisition in detail

GBTEC has raised a total funding of $34M over 4 rounds. Its first funding round was on Apr 09, 2014. GBTEC has 5 institutional investors.

Here is the list of recent funding rounds of GBTEC:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 28, 2018	6453625	Series B	4779894	3195196	6734892	6691517
Oct 17, 2016	9719034	Series A	6292610	7370711	4433052	Recruit Holdings
Jan 13, 2016	4042257	Series A	9538559	3278964	4592841	EDBI

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View details of GBTEC's funding rounds and investors

The founders of GBTEC are Gregor Greinke and Marc Oliver Stromberg. Gregor Greinke is the CEO of GBTEC.

Here are the details of GBTEC's key team members:

Gregor Greinke: Co-Founder & CEO of GBTEC.
Contact Info: 1 phone number
Marc Oliver Stromberg: Co-Founder of GBTEC.

View details of GBTEC's Founder profiles and Board Members

GBTEC's employee count trend

GBTEC has 269 employees as of Sep 26. Here is GBTEC's employee count trend over the years:

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Top competitors of GBTEC include Palantir, Appian and Vanta. Here is the list of Top 10 competitors of GBTEC, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Palantir 2003, Denver (United States), Public	Platform that provides data analysis and management solutions	$2.46B	Founders Fund, Artis Ventures & 171 others	84/100
2nd	Appian 1999, Reston (United States), Public	Cloud based low code application development and automation platform	$47.5M	New Enterprise Associates, Scheuermann Investment ... & 3 others	76/100
3rd	Vanta 2018, San Francisco (United States), Series D	Provider of a platform for automating security and compliance programs	$504M	Sequoia Capital, Wellington & 22 others	74/100
4th	Behavox 2014, London (United Kingdom), Series C	Provider of AI-driven platform for regulatory compliance and risk management	$343M	Citi, SoftBank Vision Fund & 31 others	72/100
5th	AuditBoard 2014, Cerritos (United States), Acquired	Developer of software for governance risk and compliance management systems	$43.6M	Vebu, Mucker & 6 others	69/100
6th	HyperVerge 2014, Bengaluru (India), Seed	Provider of end-to-end KYC software and identity verification solutions	$1M	Milliways Ventures, New Enterprise Associates ... & 6 others	69/100
7th	GBTEC 2005, Bochum (Germany), Acquired	Cloud-based business process management software	$34M	Thecarlylegroup.fr, EDBI & 3 others	68/100
8th	BioCatch 2011, Tel Aviv (Israel), Acquired	Provider of behavioral biometrics cybersecurity solutions	$253M	Sapphire Ventures, Maverick Ventures & 32 others	67/100
9th	Mitratech 1987, Austin (United States), Acquired	Provider of solutions for third party risk management to banks	-	TA Associates, HgCapital Trust & 5 others	65/100
10th	Secoda 2021, Toronto (Canada), Acquired	Provider of an AI platform for data and analytics solutions	$16.3M	Craft Ventures, Y Combinator & 9 others	65/100

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GBTEC has made 3 investments in companies including Apromore and Apromore. GBTEC has also acquired 2 companies including TESTSEARCH and avedos GRC.

Here is the list of investments & acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Aug 06, 2024	Investments	Apromore	2009	Carlton (Australia)
Dec 05, 2022	Investments	Apromore	2009	Carlton (Australia)
Jul 06, 2020	Investments	Apromore	2009	Carlton (Australia)