About Centage
Centage is a company based in Natick (United States) founded in 2002 was acquired by Scaleworks in April 2023.. Centage has raised $24.31 million across 5 funding rounds from investors including Northgate Capital, TVC Capital and MassDevelopment. Centage has completed 1 acquisition, including BI-Metrix. Centage offers products and services including Centage FP&A Software, Budgeting Tool, and Forecasting Feature. Centage operates in a competitive market with competitors including Brightflow AI, Causal, Up, Board and Emma, among others.
- Headquarter Natick, United States
-
Sectors
Technology
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Centage Corporation
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$24.31 M (USD)
in 5 rounds
-
Latest Funding Round
$8.56 M (USD), Series C
Feb 07, 2019
-
Investors
Northgate Capital
& 3 more
-
Employee Count
Employee Count
- Investments & Acquisitions
-
Acquired by
Scaleworks
(Apr 26, 2023)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Centage
Centage offers a comprehensive portfolio of products and services, including Centage FP&A Software, Budgeting Tool, and Forecasting Feature. 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.
Platform for budgeting, forecasting, and scenario planning collaboration.
Tool for creating multidimensional budgets with team input.
Feature for accurate financial forecasts and real-time tracking.
Unlock access to complete
Funding Insights of Centage
Centage has successfully raised a total of $24.31M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $8.56 million completed in February 2019. 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 5
- Last Round Series C — $8.6M
-
First Round
First Round
(03 Dec 2013)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2019 | Amount | Series C - Centage | Valuation | TVC Capital |
|
| May, 2017 | Amount | Series A - Centage | Valuation |
investors |
|
| Apr, 2016 | Amount | Series A - Centage | Valuation | TVC Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Centage
Centage has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Northgate Capital, TVC Capital and MassDevelopment. 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 |
|---|---|---|---|---|
|
Growth equity investments are made in B2B software companies by TVC Capital.
|
Founded Year | Domain | Location | |
|
Northgate Capital is engaged in venture capital and private equity investments.
|
Founded Year | Domain | Location | |
|
MassDevelopment is engaged in financing and community development solutions.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Centage
Centage has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include BI-Metrix. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Reporting tools for SMBs were developed by BI-Metrix.
|
2007 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Centage
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Centage Comparisons
Competitors of Centage
Centage 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 Brightflow AI, Causal, Up, Board and Emma, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based AI-driven cash flow forecasting is offered for businesses.
|
|
| domain | founded_year | HQ Location |
Cloud-based financial planning and predictive analytics are offered to businesses.
|
|
| domain | founded_year | HQ Location |
Up is recognized as a digital banking platform in Australia.
|
|
| domain | founded_year | HQ Location |
Cloud-based financial planning and analysis and budgeting solutions for enterprises
|
|
| domain | founded_year | HQ Location |
Money management tools are offered via an app for individuals.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Centage
Frequently Asked Questions about Centage
When was Centage founded?
Centage was founded in 2002 and raised its 1st funding round 11 years after it was founded.
Where is Centage located?
Centage is headquartered in Natick, United States. It is registered at Natick, Massachusetts, United States.
Who is the current CEO of Centage?
Paul Lynch is the current CEO of Centage.
Is Centage a funded company?
Centage is a funded company, having raised a total of $24.31M across 5 funding rounds to date. The company's 1st funding round was a Series A of $13.5M, raised on Dec 03, 2013.
What does Centage do?
Centage Corporation was established in 2002 in Natick, United States, within the financial software sector. Solutions for budgeting and planning are offered to small and medium-sized organizations. Support is extended for processes including forecasting, financial consolidation, performance analysis, and reporting. Key products encompass Budget Maestro, Link Maestro, and Analytics Maestro, facilitating operational efficiency in financial management.
Who are the top competitors of Centage?
Centage's top competitors include Up, Brightflow AI and Emma.
What products or services does Centage offer?
Centage offers Centage FP&A Software, Budgeting Tool, and Forecasting Feature.
How many acquisitions has Centage made?
Centage has made 1 acquisition, including BI-Metrix.
Who are Centage's investors?
Centage has 4 investors. Key investors include Northgate Capital, TVC Capital, MassDevelopment, and Scaleworks.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.