About Ceipal
Ceipal is a company based in Rochester (United States) founded in 2011 by Sameer Penakalapati. Ceipal has raised $27.25 million across 4 funding rounds from investors including Camden Partners, Topmark Partners and Evergreen Mountain Equity Partners. Ceipal has completed 1 acquisition, including Zoniac. Ceipal offers products and services including Applicant Tracking System, Vendor Management System, and Workforce Management. Ceipal operates in a competitive market with competitors including Gusto, Paycor, Paychex, TriNet and Rippling, among others.
- Headquarter Rochester, United States
- Founders Sameer Penakalapati
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Ceipal Corp.
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Annual Revenue
Not available
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Net Profit
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EBITDA
Not available
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Total Equity Funding
$27.25 M (USD)
in 4 rounds
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Latest Funding Round
$4.5 M (USD), Debt – Conventional
Jun 16, 2022
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Investors
Camden Partners
& 4 more
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Employee Count
Not available
- Investments & Acquisitions
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Products & Services of Ceipal
Ceipal offers a comprehensive portfolio of products and services, including Applicant Tracking System, Vendor Management System, and Workforce Management.
Tracks job applicants and streamlines hiring processes
Manages staffing vendors and extended workforce
Handles intelligent employee and financial management
People of Ceipal
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Sales and Marketing
33 people
Software Development Team
25 people
Leadership Team
14 people
Associate Team
8 people
Manager Team
7 people
Product Management Team
6 people
Operations Team
5 people
Human Resources and Administration
5 people
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Funding Insights of Ceipal
Ceipal has successfully raised a total of $27.25M across 4 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $4.5 million completed in June 2022. 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.
Investors in Ceipal
Ceipal has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Camden Partners, Topmark Partners and Evergreen Mountain Equity Partners.
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Growth equity investments are made in lower middle market companies.
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Tech startups are funded by Topmark Partners venture capital firm.
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A technology fund focused on future of work investments.
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Investor details for Ceipal
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Investments & Acquisitions by Ceipal
Ceipal has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Zoniac.
Investment portfolio details for Ceipal
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- Portfolio identities
- Transaction dates
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SaaS-based recruiting and staffing tools for IT consulting are provided.
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Complete acquisition details for Ceipal
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Financial Statements - Ceipal
Detailed financials for Ceipal
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- Profit trends
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Ceipal Comparisons
Peer comparison for Ceipal
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Competitors of Ceipal
Ceipal 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 Gusto, Paycor, Paychex, TriNet and Rippling, among others.
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Cloud-based HR and payroll solutions are offered for small businesses.
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Cloud-based HRMS platform is provided for small and medium-sized businesses.
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Cloud-based HRMS solutions are delivered for payroll and employee management.
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Cloud-based HRMS platform is offered for small and medium businesses.
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Cloud-based HR management suite is provided for employee operations.
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Cloud-based HR management solutions are offered for payroll and compliance.
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Detailed competitors of Ceipal
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Latest news on Ceipal
Complete news archive for Ceipal
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Frequently Asked Questions about Ceipal
Ceipal was founded in 2011 and raised its 1st funding round 7 years after it was founded.
Ceipal is headquartered in Rochester, United States.
Sameer Penakalapati is the current CEO of Ceipal. They have also founded this company.
Ceipal is a funded company, having raised a total of $27.25M across 4 funding rounds to date.
Ceipal was founded in 2011 and is headquartered in Rochester, United States. An online suite for HR management is provided, encompassing tools for employee management, digital onboarding, job handling, and payroll processing. Recruitment is supported through an applicant tracking system (ATS), while AI is utilized for assessment, planning, analysis, and reporting. Employee self-service software and vendor management systems (VMS) are also included in the offerings.
Ceipal offers Applicant Tracking System, Vendor Management System, and Workforce Management.
Ceipal has made 1 acquisition, including Zoniac.
Ceipal has 5 investors. Key investors include Camden Partners, Topmark Partners, Evergreen Mountain Equity Partners, Mistral Venture Partners, and Resolve Growth Partners.