Ciphix and Mentha, an experienced and leading investor in the technology industry, have initiated a partnership to support and accelerate Ciphix’s growth plans.
Since Ciphix was founded, a very clear mission has been set: take the robot out of the human. This mission has led Ciphix to grow in five years into a company with 60 employees and more than 40 active customers. Since this year they have clearly opted for a focus on Hyperautomation because they see that with a clear plan and a proven approach they make more impact and add more value to their customers
This means that in addition to RPA and AI, they also implement other technologies such as Process Mining, process optimization, Low-Code Apps, Integration (iPaas) and offer consulting services. Ciphix has been taking care of the implementation for years on the basis of a “digital workforce journey”, with which they work towards a mature department with digital employees in three steps.
It feels like the right time for them to further shape the Hyperautomation ambition with an experienced partner and that is how they ended up at Mentha. Mentha enjoys working with entrepreneurs and enterprising management teams to realize ambitious growth plans. Mentha seeks an active collaboration with the companies that is based on real entrepreneurship, growth acceleration and transformation, which is reinforced by the focus on the human factor and sustainability.
They are happy to report that Koen Mallee (Chief Executive Officer) and Marijn van de Poel (Chief Strategy Officer) will continue as management: “We feel like the journey has only just begun and we are extremely proud of our team, the customers and partners we work with and look forward to taking the next steps together.”
The joint goal of Ciphix and Mentha is to grow the company into a leading European hyperautomation specialist in the coming years. With this, Ciphix has the ambition to play a role in solving major labor market challenges such as the great shortage of qualified personnel and the high turnover of personnel as a result of too little challenge and job satisfaction. The broad applicability of the robots to work processes, in combination with the continuous innovation from software suppliers, strengthens Ciphix’s conviction to take substantial steps towards this ambition.
Ciphix is a Rotterdam-based Hyperautomation specialist. We believe that in a world with so much technological potential, it is not necessary to carry out monotonous, boring and repetitive work. That is why we are committed to helping organizations harness human potential through smart automation of business processes. With an integrated approach of Process Mining, RPA, Low-code, Integrations and Machine Learning, we are able to offer our customers, including global brands and government organizations, unique and robust solutions to take the robot out of the human.
Mentha, founded in 2006 with headquarters in Amsterdam, is an independent private equity fund active in the lower middle segment. Mentha invests in established, medium-sized and profitable companies with clear growth opportunities, such as organic growth, international expansion or through buy-and-build. The entrepreneurial team is a strong collective of professionals, with solid financial and operational business experience. Mentha enjoys working with entrepreneurs and enterprising management teams to realize ambitious growth plans. Mentha seeks an active collaboration with the companies that is based on real entrepreneurship, growth acceleration and transformation, which is reinforced by the focus on the human factor and sustainability.