About Centrical
Centrical is a company based in New York (United States) founded in 2013 by Gal Rimon.. Centrical has raised $45 million across 2 funding rounds from investors including JVP, Aleph and 2B Angels. The company has 3 employees as of December 31, 2022. Centrical offers products and services including Gamification, Centrical AI, Quality Assurance, Performance Management, and Coaching. Centrical operates in a competitive market with competitors including BetterWorks, Workday Adaptive Planning, 15Five, Lattice and Workhuman, among others.
- Headquarter New York, United States
- Employees 3 as on 31 Dec, 2022
- Founders Gal Rimon
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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
*********
- Legal Name Centrical 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
$45 M (USD)
in 2 rounds
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Latest Funding Round
$32 M (USD), Series C
Mar 10, 2021
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Investors
JVP
& 7 more
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Employee Count
3
as on Dec 31, 2022
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Products & Services of Centrical
Centrical offers a comprehensive portfolio of products and services, including Gamification, Centrical AI, Quality Assurance, Performance Management, and Coaching. 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.
Motivates teams through competitions and rewards to boost performance.
Provides personalized insights and recommendations for employee development.
Delivers actionable feedback to improve customer experience metrics.
Enables setting and monitoring of personalized employee goals.
Offers AI-driven guidance for supervisors to enhance team productivity.
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Funding Insights of Centrical
Centrical has successfully raised a total of $45M across 2 strategic funding rounds. The most recent funding activity was a Series C round of $32 million completed in March 2021. 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 Series C — $32.0M
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First Round
First Round
(04 Nov 2019)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2021 | Amount | Series C - Centrical | Valuation | JVP , Intel Capital | |
| Nov, 2019 | Amount | Series C - Centrical | Valuation | JVP , Aleph |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 Centrical
Centrical has secured backing from 8 investors, including venture fund investors. Prominent investors backing the company include JVP, Aleph and 2B Angels. 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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Early-stage venture capital investments are made by JVP in Israel.
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Founded Year | Domain | Location | |
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Early-stage tech investments in Israel are focused on by Aleph.
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Founded Year | Domain | Location | |
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Seed & early stage tech-focused VC firm investing primarily in Israel
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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 Centrical
| 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 - Centrical
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Centrical Comparisons
Competitors of Centrical
Centrical 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 BetterWorks, Workday Adaptive Planning, 15Five, Lattice and Workhuman, 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 |
Online goal setting, tracking and management
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| domain | founded_year | HQ Location |
Cloud-based financial planning and analytics are delivered via SaaS.
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| domain | founded_year | HQ Location |
Employee feedback and reports are managed via a SaaS platform.
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| domain | founded_year | HQ Location |
Cloud-based performance management solutions are offered for employees.
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| domain | founded_year | HQ Location |
Cloud based employee performance and recognition management software
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| domain | founded_year | HQ Location |
Cloud-based mind mapping is facilitated for enterprise collaboration.
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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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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
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 Centrical
Frequently Asked Questions about Centrical
When was Centrical founded?
Centrical was founded in 2013 and raised its 1st funding round 6 years after it was founded.
Where is Centrical located?
Centrical is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Centrical?
Gal Rimon is the current CEO of Centrical. They have also founded this company.
Is Centrical a funded company?
Centrical is a funded company, having raised a total of $45M across 2 funding rounds to date. The company's 1st funding round was a Series C of $13M, raised on Nov 04, 2019.
How many employees does Centrical have?
As of Dec 31, 2022, the latest employee count at Centrical is 3.
What does Centrical do?
Centrical is a gamified employee performance management software. The platform features solutions such as personalized microlearning, performance management, employee engagement, and advanced gamification. It allows employers personalized performance and learning goals for your employees. It also provides real-time performance tracking, engage them with challenges, levels, and prizes. The company monetizes through subscription-based pricing plans. Clients include HP, Microsoft, Novartis, Webhelp, Telia, and more.
Who are the top competitors of Centrical?
Centrical's top competitors include Workday Adaptive Planning, Lattice and 15Five.
What products or services does Centrical offer?
Centrical offers Gamification, Centrical AI, Quality Assurance, Performance Management, and Coaching.
Who are Centrical's investors?
Centrical has 8 investors. Key investors include JVP, Aleph, 2B Angels, C4 Ventures, and CE Venture Capital.