Continuity

New Haven, United States Founded: 2008 • Age: 18 yrs Acquired By Mitratech
AI-based platform for automating risk and compliance in finance.
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About Continuity

Continuity is a company based in New Haven (United States) founded in 2008 was acquired by Mitratech in December 2021.. Continuity has raised $23.69 million across 11 funding rounds from investors including Mitratech, Bpifrance and Kasasa. The company has 26 employees as of December 31, 2022. Continuity has completed 3 acquisitions, including Compliance Info, TraceRisk and continuityintegrators. Continuity operates in a competitive market with competitors including Symphony, EXIGER, Ascent, Cable and Clausematch, among others.

  • Headquarter New Haven, United States
  • Employees 26 as on 31 Dec, 2022
  • Sectors
    Financial Services
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Continuity Engine Inc
Operational Areas
Financial Services → FinTech & Digital Finance
Technology → Enterprise Software & Productivity Solutions
Key Metrics
  • Annual Revenue
    $0
    0
    as on Mar 03, 2010
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $23.69 M (USD)

    in 11 rounds

  • Latest Funding Round
    $5.86 M (USD), Series B

    Sep 25, 2021

  • Investors
    Mitratech

    & 10 more

  • Employee Count
    26

    as on Dec 31, 2022

  • Investments & Acquisitions
  • Acquired by
    Mitratech

    (Dec 16, 2021)

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People of Continuity
Headcount 50-200
Employee Profiles 3
Board Members and Advisors 1
Employee Profiles
People
Alexandra Ramin
Chief Internal Operations Officer
People
Michael Nicastro
CEO
People
Eric Anderson
SVP, Chief Revenue Officer

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Board Members and Advisors
people
Howard Pitkin
Director

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Teams

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Funding Insights of Continuity

Continuity has successfully raised a total of $23.69M across 11 strategic funding rounds. The most recent funding activity was a Series B round of $5.86 million completed in September 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 Rounds 11
  • Last Round Series B — $5.9M
  • First Round

    (05 Aug 2009)

  • Investors Count 10
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2021 Amount Series B - Continuity Valuation

investors

Jul, 2018 Amount Debt – Conventional - Continuity Valuation

investors

Jul, 2018 Amount Series B - Continuity 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 Continuity

Continuity has secured backing from 11 investors, including venture fund and institutional investors. Prominent investors backing the company include Mitratech, Bpifrance and Kasasa. 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
Venture capital firm focused on early-stage investments
Founded Year Domain Location
Kamet Ventures is engaged in building transformative companies in HealthTech and InsurTech.
Founded Year Domain Location
Investments are focused on mid-market software and technology-enabled services firms.
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 Continuity

Continuity has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Compliance Info, TraceRisk and continuityintegrators. 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
Risk management solutions are offered exclusively to community banks.
2011
Risk management and business consulting services are provided to businesses.
2009
Enterprise collaboration solutions are delivered through a cloud-based platform.
2006
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 - Continuity

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

Continuity Comparisons

Employees
+
Add Comparison
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Competitors of Continuity

Continuity 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 Symphony, EXIGER, Ascent, Cable and Clausematch, 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
Compliance management solutions for financial institutions
domain founded_year HQ Location
Third-party risks and supply chains are managed via AI platform.
domain founded_year HQ Location
Strategy management consulting services are provided by Ascent.
domain founded_year HQ Location
AML solutions for financial institutions
domain founded_year HQ Location
Cloud-based solutions for trade negotiation management are provided.
domain founded_year HQ Location
Compliance management solutions are offered for financial institutions.
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 Continuity

Frequently Asked Questions about Continuity

When was Continuity founded?

Continuity was founded in 2008 and raised its 1st funding round 1 year after it was founded.

Where is Continuity located?

Continuity is headquartered in New Haven, United States. It is registered at New Haven, Connecticut, United States.

Is Continuity a funded company?

Continuity is a funded company, having raised a total of $23.69M across 11 funding rounds to date. The company's 1st funding round was a Series B of $300K, raised on Aug 05, 2009.

How many employees does Continuity have?

As of Dec 31, 2022, the latest employee count at Continuity is 26.

What does Continuity do?

Continuity was founded in 2008 and is headquartered in New Haven, United States. An AI-driven RegTech platform is provided for the financial services sector, focusing on governance, risk, and compliance (GRC). Automation is applied to risk management, compliance processes, vendor oversight, and performance tracking. Additional solutions cover enterprise HR, legal services, and related risk mitigation for businesses.

Who are the top competitors of Continuity?

Continuity's top competitors include Symphony, EXIGER and RegEd.

How many acquisitions has Continuity made?

Continuity has made 3 acquisitions, including Compliance Info, TraceRisk, and continuityintegrators.

Who are Continuity's investors?

Continuity has 11 investors. Key investors include Mitratech, Bpifrance, Kasasa, Elaia, and Kamet Ventures.

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