About Cangrade
Cangrade is a company based in Cambridge (United States) founded in 2011.. Cangrade has raised $550 thousand across 2 funding rounds from investors including Techstars. Cangrade offers products and services including Pre-Hire Assessments, Jules AI Copilot, Candidate Matching, and Retention Forecast. Cangrade operates in a competitive market with competitors including Bryq, Diversely, Equalture, Praice and HiredScore, among others.
- Headquarter Cambridge, United States
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Sectors
Technology
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Phone
*********
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Website
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Social
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- Legal Name Cangrade, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$550 K (USD)
in 2 rounds
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Latest Funding Round
$500 K (USD), Seed
Jan 01, 2014
- Investors
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Employee Count
Employee Count
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Products & Services of Cangrade
Cangrade offers a comprehensive portfolio of products and services, including Pre-Hire Assessments, Jules AI Copilot, Candidate Matching, and Retention Forecast. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Evaluates candidates' skills and fit for roles to improve hiring
Assists in answering talent queries and building development plans
Matches candidates to jobs based on skills and predictions
Predicts employee retention to aid in workforce planning
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Leadership Team
2 people
Sales and Marketing
2 people
Software Development Team
1 people
Customer Team
1 people
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Funding Insights of Cangrade
Cangrade has successfully raised a total of $550K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $500 thousand completed in January 2014. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Seed — $500,000
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First Round
First Round
(21 Mar 2012)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2014 | Amount | Seed - Cangrade | Valuation |
investors |
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| Mar, 2012 | Amount | Seed - Cangrade | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Cangrade
Cangrade has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Techstars. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Startups are accelerated globally without sector restrictions through structured programs.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Cangrade
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Cangrade
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Cangrade Comparisons
Competitors of Cangrade
Cangrade operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Bryq, Diversely, Equalture, Praice and HiredScore, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Cloud-based applicant tracking and candidate screening platform is provided.
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| domain | founded_year | HQ Location |
AI-driven workplace monitoring platform is provided by Diversely.
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| domain | founded_year | HQ Location |
Diversity recruitment is enabled by a cloud-based AI assessment platform.
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| domain | founded_year | HQ Location |
Candidates are screened via behavioral profiling metrics to minimize biases.
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Applicant Screening
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Cangrade
Frequently Asked Questions about Cangrade
When was Cangrade founded?
Cangrade was founded in 2011 and raised its 1st funding round 1 year after it was founded.
Where is Cangrade located?
Cangrade is headquartered in Cambridge, United States. It is registered at Cambridge, Massachusetts, United States.
Is Cangrade a funded company?
Cangrade is a funded company, having raised a total of $550K across 2 funding rounds to date. The company's 1st funding round was a Seed of $50K, raised on Mar 21, 2012.
What does Cangrade do?
Cangrade was founded in 2011 in Cambridge, United States, and operates in the human resources technology sector. A web-based platform is utilized for evaluating candidates personality, skills, motivation, and job fit. Thousands of data points are processed into algorithms that forecast candidate performance in specific roles at particular companies. Pricing is structured starting at 200 per position on a monthly basis.
Who are the top competitors of Cangrade?
Cangrade's top competitors include Bryq, HiredScore and Equalture.
What products or services does Cangrade offer?
Cangrade offers Pre-Hire Assessments, Jules AI Copilot, Candidate Matching, and Retention Forecast.
Who are Cangrade's investors?
Cangrade has 1 investor. Key investors include Techstars.
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