Centive

Lowell, United States Founded: 1997 • Age: 29 yrs Acquired By Xactly
Incentive compensation software is managed for sales commission tracking.
Annual revenue - Latest available
Total funding $28.0M 2 rounds
Employees - Tracked headcount
Investors 6 Known backers
Products - Services tracked
Competitors 11 Brand Intelligence

About Centive

Centive is a company based in Lowell (United States) founded in 1997 was acquired by Xactly in January 2009. Centive has raised $28 million across 2 funding rounds from investors including KeyBank, Xactly and Dow. Centive operates in a competitive market with competitors including Xactly, Spiff, Varicent, Atrium and SetSail, among others.

  • Headquarter Lowell, United States
  • Sectors
    Technology
  • Phone
    Locked
  • Website
    Locked
  • Legal Name Centive, Inc.
Operational Areas
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $28 M (USD)

    in 2 rounds

  • Latest Funding Round
    $10 M (USD), Series C

    Jun 12, 2005

  • Investors
    KeyBank

    & 5 more

  • Employee Count
    Not available
  • Acquired by
    Xactly

    (Jan 22, 2009)

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Funding Insights of Centive

Centive has successfully raised a total of $28M across 2 strategic funding rounds. The most recent funding activity was a Series C round of $10 million completed in June 2005. 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 Centive

Centive has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include KeyBank, Xactly and Dow.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
US focused venture capital firm
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-
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Regional bank
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Investor details for Centive

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Investments & Acquisitions by Centive

Investments
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Investment portfolio details for Centive

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Financial Statements - Centive

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Detailed financials for Centive

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Centive Comparisons

Centive Primary company
Description
Incentive compensation software is managed for sales commiss...
Location
Lowell, United States
Founded Year
1997
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Centive

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  • Headcount comparison
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Competitors of Centive

Centive 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 Xactly, Spiff, Varicent, Atrium and SetSail, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Sales performance management software is provided for enterprises.
Locked Locked Locked
A platform for saving and investing money is provided.
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Incentive compensation and sales performance solutions are provided for enterprises.
Locked Locked Locked
Workforce analytics platform is offered for sales performance monitoring.
Locked Locked Locked
SetSail is recognized as a provider of sales AI and data solutions.
Locked Locked Locked
AI-powered loyalty, rewards, and employee engagement solutions are provided.
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Detailed competitors of Centive

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Latest news on Centive

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Complete news archive for Centive

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Frequently Asked Questions about Centive

Centive was founded in 1997 and raised its 1st funding round 6 years after it was founded.

Centive is headquartered in Lowell, United States. It is registered at Lowell, Massachusetts, United States.

Centive is a funded company, having raised a total of $28M across 2 funding rounds to date.

Centive was founded in 1997 in Lowell, United States, within the software sector focused on sales management tools. Incentive compensation software was developed and provided to enable managers to track and calculate commissions for sales representatives. Operations centered on commission-based pay structures, with the platform supporting data integration for accurate payouts. The company was acquired by Xactly Corp in 2009, integrating its solutions into broader incentive management offerings.

Centive's top competitors include Xoxoday, Atrium and Everstage.

Centive has 6 investors. Key investors include KeyBank, Xactly, Dow, Polaris Partners, and VSP Capital.

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