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
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Sectors
Education
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Certica Solutions, 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
$14 M (USD)
in 7 rounds
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Latest Funding Round
$71.43 K (USD), Series B
Oct 27, 2017
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Investors
Instructure
& 5 more
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Employee Count
870
as on Dec 31, 2021
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Investments & Acquisitions
Educuity
& 2 more
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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 Funding
- Total Rounds 7
- Last Round Series B — $71,429
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First Round
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 |
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| Feb, 2016 | Amount | Series B - Certica Solutions | Valuation |
investors |
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| Apr, 2015 | Amount | Series B - Certica Solutions | 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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A private equity firm based in Chicago, focused on transforming businesses.
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Founded Year | Domain | Location | |
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Eagle Private Capital is engaged in mezzanine financing and private equity investments.
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Founded Year | Domain | Location | |
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Investment services providing debt and equity for lower middle market companies in the US.
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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.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Education analytics and integration services are offered to institutes.
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2015 | ||||
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Artifact app for teachers, parents, and readers
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2011 | ||||
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Provider of assessment, intervention, professional development, and education improvement services
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2000 |
Financial Statements - Certica Solutions
Certica Solutions Comparisons
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.
| 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.
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| domain | founded_year | HQ Location |
Assessment and data solutions are developed for K-12 education.
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| domain | founded_year | HQ Location |
AI-powered quiz application for educational engagement is provided.
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| domain | founded_year | HQ Location |
Plagiarism detection and assessment platforms are provided for educators.
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| domain | founded_year | HQ Location |
Provider of an online platform for developing technical and soft skills in students
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| domain | founded_year | HQ Location |
Assessment-assistance solutions are provided to educators via online tools.
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Latest news on Certica Solutions
Frequently Asked Questions about Certica Solutions
Certica Solutions was founded in 2001 and raised its 1st funding round 7 years after it was founded.
Certica Solutions is headquartered in Wakefield, United States.
Certica Solutions is a funded company, having raised a total of $14M across 7 funding rounds to date.
As of Dec 31, 2021, the latest employee count at Certica Solutions is 870.
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.
Certica Solutions's top competitors include Renaissance, Learnosity and MasteryConnect.
Certica Solutions has made 3 acquisitions, including Educuity, TE21, and Unbound Concepts.
Certica Solutions has 6 investors. Key investors include Instructure, New Harbor Capital, Eagle Private Capital, Bay Capital Investment Partners, and SaaS Capital.