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Based in Brooklyn, New York, CentSai is a financial education software-as-a-service platform that provides personalized, interactive financial literacy solutions to educational institutions, banks, credit unions, and wealth managers. The company operates a subscription-based business model offering bilingual content libraries, specialized learning management systems, video-based courses, and gamified trivia tools for financial services firms and corporate workplace wellness programs. Operating with a total workforce of 65 employees, the enterprise generated approximately $6.2 million in annual recurring revenue during the 2024 fiscal year. The platform aligns its educational curriculum directly with the Council of Economic Education standards and recently partnered with Seedlyng to serve as an approved vendor for multiple public school districts across Texas. CentSai was officially founded in 2016 by former Wall Street Journal and Reuters financial journalist Arindam Nag alongside co-founder Doria Lavagnino.
CentSai has raised $50K across 1 funding round.
CentSai has raised $50K in total across 1 funding round.
CentSai has raised $50K in total across 1 funding round.
CentSai's investors include P10x Ventures.
CentSai has raised $50K across 1 funding round. Most recently, it raised $50K Seed in August 2020.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Aug 1, 2020 | $50K Seed | — | P10x Ventures | Announced |
CentSai is a technology company providing SaaS-based financial education solutions to financial services firms, educational institutions, and workplaces.[1][2][3][4] It offers products like CentSaiOne (bilingual articles, videos, quizzes, email/social campaigns), CentSai Education (LMS-aligned with Council for Economic Education standards, approved in Texas districts via partner Seedlyng), CentSai Mykademy (financial wellness courses with live classes and analytics via Olive Group), and CentSai Trivia (gamified platform with leaderboards and rewards).[1][2][4] These tools address low engagement with financial planning by using storytelling, quizzes, and games to simplify esoteric content, serving banks, credit unions, advisors, schools, and employees with monthly subscriptions; the company reported $6.2 million revenue in 2024 and employs 65 people in Brooklyn, New York.[2]
CentSai was co-founded by Arindam Nag (CEO with 25+ years in financial journalism, education, consulting, and an MBA from NYU Stern) and Sandeep Kumar.[2][4] Nag founded the company to bridge gaps in financial literacy, driven by the global challenge of unsustainable engagement with complex financial platforms.[1][4] Early traction includes partnerships like Seedlyng for Texas school approvals and Olive Group for Mykademy, expanding into gamified and LMS-based education.[1][4]
CentSai rides the rising demand for financial wellness amid economic uncertainty, predictive analytics (e.g., partner InterGen Data's life-event forecasting), and edtech growth in personalized learning.[1][3] Timing aligns with global needs for interactive literacy tools, as traditional platforms fail on engagement; market forces like SaaS adoption in finance and education favor its subscription model.[1][2] It influences the ecosystem by enabling institutions to scale literacy programs, fostering inclusive education in underserved areas like bilingual content and school districts.[3][4]
CentSai is poised for expansion through deeper partnerships (e.g., more school districts, AI integrations like InterGen), potentially scaling revenue beyond $6.2 million via international wellness tools and gamification trends.[2][3] Rising focus on lifelong financial health, driven by economic volatility and edtech AI, will shape its path, evolving its influence from U.S. provider to global literacy enabler. This positions CentSai to sustain momentum in demystifying finance for broader adoption.[1][4]
