Centive

Lowell, United States Founded: 1997 • Age: 29 yrs Acquired By Xactly
Incentive compensation software is managed for sales commission tracking.

About Centive

Centive is a Technology company based in Lowell (United States) founded in 1997, and was acquired by Xactly in January 2009. Incentive compensation software is managed for sales commission tracking. Centive has raised $28 million across 2 funding rounds from investors including KeyBank, Xactly and Dow. Its focus areas include Enterprise Applications, Sales Force Automation, Performance Management and Incentive Management. Its legal entity is Centive, Inc. Its competitors include Xactly, Atrium and SetSail; 3 of its 3 listed competitors have raised funding.

Company details

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.

  • Headquarters Lowell, United States
  • Stage Acquired
  • Sectors
    Technology
  • Website centive.com
  • Acquired by Xactly (Jan 2009)
  • Legal Name Centive, Inc.
Operational Areas
Key Metrics
  • Total Equity Funding
    $28M (USD)

    in 2 rounds

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

    Jun 2005

  • Investors
    KeyBank

    & 5 more

  • Acquired by
    Xactly

    (Jan 2009)

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.

  • Total Funding $28M
  • Total Rounds 2
  • Last Round Series C β€” $10M
  • First Round $18M

    (Jan 2003)

  • Investors Count 5

All 2 funding rounds of Centive with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2005$10MSeries C––
Jan 2003$18MSeries C––
Valuation history

6 investors in total: 6 institutional.

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
InvestorDescriptionFounded YearDomainLocation
US focused venture capital firm
polarispartners.comBoston, United States
vsplp.com
Regional bank
1849key.comCleveland, United States
Dow Inc. is engaged in materials science and chemical manufacturing.
1897dow.comSaginaw, United States
Diversified assets are managed by Infinity Capital Partners in Atlanta.
infinityfunds.comAtlanta, United States
Sales performance management software is provided for enterprises.
2005xactlycorp.comSan Jose, United States
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Investor details for Centive

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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  • Round participation
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Verified entity values are shown only after access is granted.

Timeline of Centive

4 dated milestones of Centive across 12 years, from founding to its latest funding, stage changes and deals.

  1. Founded Centive is founded.
  2. Funding First funding round of $18.0M.
  3. Funding Latest funding round, Series C, of $10.0M.
  4. Exit Acquired by Xactly.

Competitors of Centive

Centive has 3 listed competitors in our database, 3 of them funded. They include Xactly, Atrium and SetSail.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
xactlycorp.com2005San Jose, United States$78.46M291
Sales performance management software is provided for enterprises.
atriumhq.com2016San Francisco, United States$33.5M53
Workforce analytics platform is offered for sales performance monitoring.
setsail.co2018San Mateo, United States$33M24
SetSail is recognized as a provider of sales AI and data solutions.
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Detailed competitors of Centive

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Web traffic of Centive

Websites that share an audience with Centive (centive.com).

Similar websites

Websites whose visitors overlap most with Centive. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
synygy.com
100%
View details
callidussoftware.com
callidussoftware.com
91%
–
xactlycorp.com
72%
617.2K#94,873View details

Top companies in Sales Force Automation

3 companies that operate in the same segment as Centive (Sales Force Automation) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Provider of AI-powered customer relationship management software
2005Cambridge, Massachusetts, United StatesUSD 100.7 MUSD 3.13 B8,250
Contact databases and sales intelligence are supplied to businesses.
2000Vancouver, Washington, United StatesUSD 32 MUSD 1.25 B3,510
Sales prospecting and engagement tools are offered to enterprises.
2011Atlanta, Georgia, United StatesUSD 246.48 M1,121
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Related news about Centive

PE Week Wire - Friday, June 10 - PE Hub
Pehub β€’ 21 years ago
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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. The company's 1st funding round was a Series C of $18M, raised on Jan 2003.

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 Atrium, Xactly and SetSail.

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

Centive operates through Centive, Inc..

Yes. Centive was acquired by Xactly in January 2009.

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