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§ Private Profile · Rochester, NY, USA
AI SaaS platform for talent acquisition, ATS, VMS, and WFM. Analyzes data for staffing firms, MSPs, and corporate HR to attract, engage, retain talent.
Based in Rochester, New York, CEIPAL provides an AI-powered SaaS platform for full-lifecycle talent acquisition, applicant tracking, vendor management, and workforce management. Founded in 2015 by CEO Sameer Penakalapati, the enterprise software serves staffing firms, managed service providers, and corporate human resources teams by centralizing their global talent acquisition workflows. Operating across three distinct office locations, the unified system analyzes candidate and employee data to support a user base of more than 120,000 recruiters across over 2,000 customer organizations. To date, CEIPAL has successfully secured $21 million in total funding, which includes a $16.5 million Series B equity round and an additional $4.5 million in debt financing. This 2022 investment was led by Camden Partners and backed by prominent institutional investors such as Topmark Partners, Evergreen Mountain Equity Partners, Mistral Venture Partners, and Resolve Growth Partners.
CEIPAL has raised $28.5M across 2 funding rounds.
CEIPAL has raised $28.5M in total across 2 funding rounds.
CEIPAL has raised $28.5M across 2 funding rounds. Most recently, it raised $21.0M Debt / Series B in June 2022.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jun 16, 2022 | $21M Debt Financing | Jason Tagler | Evergreen Mountain Equity Partners, Mistral Venture Partners, Resolve Growth Partners, Topmark Partners | Announced |
| Apr 23, 2019 | $7.5M Venture Round | — | Code Cubitt, JIT Sinha | Announced |
CEIPAL has raised $28.5M in total across 2 funding rounds.
CEIPAL's investors include Jason Tagler, Evergreen Mountain Equity Partners, Mistral Venture Partners, Resolve Growth Partners, Topmark Partners, Code Cubitt, Jit Sinha.