Certica Solutions

Wakefield, United States Founded: 2001 • Age: 25 yrs Acquired By Instructure
Assessment and data quality solutions are offered for K-12 schools.
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About Certica Solutions

Certica Solutions is a company based in Wakefield (United States) founded in 2001 was acquired by Instructure in December 2020.. Certica Solutions has raised $14 million across 7 funding rounds from investors including Instructure, New Harbor Capital and Eagle Private Capital. The company has 870 employees as of December 31, 2021. Certica Solutions has completed 3 acquisitions, including Educuity, TE21 and Unbound Concepts. Certica Solutions operates in a competitive market with competitors including Renaissance, MasteryConnect, TagHive, Turnitin and Xello, among others.

  • Headquarter Wakefield, United States
  • Employees 870 as on 31 Dec, 2021
  • Sectors
    Education
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Certica Solutions, Inc.
Operational Areas
Education → Education Technology (EdTech)
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $14 M (USD)

    in 7 rounds

  • Latest Funding Round
    $71.43 K (USD), Series B

    Oct 27, 2017

  • Investors
    Instructure

    & 5 more

  • Employee Count
    870

    as on Dec 31, 2021

  • Investments & Acquisitions
    Educuity

    & 2 more

  • Acquired by
    Instructure

    (Dec 10, 2020)

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Funding Insights of Certica Solutions

Certica Solutions has successfully raised a total of $14M across 7 strategic funding rounds. The most recent funding activity was a Series B round of $71.43 thousand completed in October 2017. 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 Rounds 7
  • Last Round Series B — $71,429
  • First Round

    (01 May 2008)

  • Investors Count 5
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2017 Amount Series B - Certica Solutions Valuation

investors

Feb, 2016 Amount Series B - Certica Solutions Valuation

investors

Apr, 2015 Amount Series B - Certica Solutions Valuation

investors

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 Certica Solutions

Certica Solutions has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Instructure, New Harbor Capital and Eagle Private Capital. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
A private equity firm based in Chicago, focused on transforming businesses.
Founded Year Domain Location
Eagle Private Capital is engaged in mezzanine financing and private equity investments.
Founded Year Domain Location
Investment services providing debt and equity for lower middle market companies in the US.
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 Certica Solutions

Certica Solutions has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Educuity, TE21 and Unbound Concepts. 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.

Investments
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
Acquisitions
Company Name Description Domain Location Founded Year Amount
Education analytics and integration services are offered to institutes.
2015
Artifact app for teachers, parents, and readers
2011
Provider of assessment, intervention, professional development, and education improvement services
2000
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 - Certica Solutions

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Certica Solutions Comparisons

Employees
+
Add Comparison
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Competitors of Certica Solutions

Certica Solutions 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 Renaissance, MasteryConnect, TagHive, Turnitin and Xello, 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 K-12 assessments in reading, math, and writing are delivered.
domain founded_year HQ Location
Assessment and data solutions are developed for K-12 education.
domain founded_year HQ Location
AI-powered quiz application for educational engagement is provided.
domain founded_year HQ Location
Plagiarism detection and assessment platforms are provided for educators.
domain founded_year HQ Location
Provider of an online platform for developing technical and soft skills in students
domain founded_year HQ Location
Assessment-assistance solutions are provided to educators via online tools.
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 Certica Solutions

Frequently Asked Questions about Certica Solutions

When was Certica Solutions founded?

Certica Solutions was founded in 2001 and raised its 1st funding round 7 years after it was founded.

Where is Certica Solutions located?

Certica Solutions is headquartered in Wakefield, United States.

Is Certica Solutions a funded company?

Certica Solutions is a funded company, having raised a total of $14M across 7 funding rounds to date.

How many employees does Certica Solutions have?

As of Dec 31, 2021, the latest employee count at Certica Solutions is 870.

What does Certica Solutions do?

Certica Solutions was founded in 2001 and is based in Wakefield, United States. Operations focus on the education technology sector, delivering tools for K-12 schools. Services encompass automated data monitoring and correction via Certify, a formative assessment item bank with over 85,800 items in subjects like math and science for test creation, and TestWiz for tracking student progress and instructional effectiveness. DataMetrics Software was acquired in June 2011.

Who are the top competitors of Certica Solutions?

Certica Solutions's top competitors include Renaissance, Learnosity and MasteryConnect.

How many acquisitions has Certica Solutions made?

Certica Solutions has made 3 acquisitions, including Educuity, TE21, and Unbound Concepts.

Who are Certica Solutions's investors?

Certica Solutions has 6 investors. Key investors include Instructure, New Harbor Capital, Eagle Private Capital, Bay Capital Investment Partners, and SaaS Capital.

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