Tekst, a Belgian process intelligence startup, has raised €11.5 million in a Series A round led by US venture firm Elephant.
Existing investor Entourage, the fund of former Pieterjan Bouten, also joined the round after investing more than €2 million in earlier funding rounds.
Founded in Ghent in 2022 by Wouter Janssen and Tiebe Parmentier, Tekst built a software for enterprise back-office operations that maps workflows automatically by analysing emails, documents, clicks, and other digital activity across organisations.
“The processes that actually run a business aren’t written down anywhere. They live in emails, in PDFs, in people’s heads. Our process intelligence technology surfaces all of it. Without that, an AI agent is just an expensive assistant or a glorified chatbot. The companies that crack this open get to use AI on a completely different level and finally see real returns on what they’ve put in,” says Janssen.
The system identifies how tasks move between employees and departments, helping companies automate processes such as quote-to-cash, procure-to-pay, claims handling, and order management. Tekst integrates with existing enterprise software, including SAP, Salesforce, and Microsoft systems, avoiding the need for businesses to replace current infrastructure. Customers include Daikin Europe N.V., Colruyt Group, Securex, and Becton Dickinson.
“The AI market is moving at breakneck speed, but Tekst has unique technology that maps and automates the most complex business processes in record time. What consulting firms typically deliver in months, with large teams and hefty costs, Tekst delivers in just a few weeks,” comments Pieterjan Bouten, general partner at Entourage.
Tekst competes with companies such as Celonis and UiPath in process mining and automation. Unlike many competitors that focus mainly on structured workflows and analytics dashboards, Tekst targets unstructured business operations hidden inside emails, PDFs, and fragmented communication. The company focuses on automating complete end-to-end workflows rather than isolated tasks.
“Many mid-market and enterprise companies want to deploy AI agents, but they’re missing the process intelligence layer needed to do it reliably. Tekst understands that gap and has developed an AI-powered product to help close it. Their technology shows how processes actually flow within an organisation, and we believe that’s the foundation AI agents need to operate properly in the back office,” says Matt Tanenblatt, partner at Elephant.
The funding will support product development and international expansion, particularly in the US market. Tekst currently has 35 employees and plans to double its headcount by the end of the year, with hiring focused on engineering and commercial teams.
