# Catalant Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/catalant-technologies

- Industry: Software
- Headquarters: Boston, US
- Website: www.gocatalant.com
- Total disclosed funding: $121M
- Latest round: Series F (Mar 30, 2021)
- Investors on record: 15

## About

Catalant Technologies, Inc. provides innovative consulting solutions through its Consulting 2.0 model, enabling firms to access a network of independent professionals to address strategic challenges efficiently.Founded in 2013 in Boston, US, Catalant Technologies, Inc. specializes in facilitating connections between businesses and a diverse pool of consultants and experts. Led by CEO Patrick Petitti, the company has undergone strategic growth since its inception, successfully completing 9 deals. Its most recent funding round was a Series F in March 2021, which raised USD 35.00 mn from 5Y Capital, bringing the total amount raised to USD 35.00 mn and current company valuation to USD 478.93 mn.Catalant offers a comprehensive suite of consulting solutions designed to address strategic problem-solving needs across various industries. At the core of its offerings is the Consulting 2.0 model, which facilitates access to a vast network of independent consultants, subject-matter experts, and former executives. This innovative approach enables companies, including private equity firms and consulting organizations, to quickly engage with pre-qualified professionals who can tackle specific challenges in areas such as corporate strategy, digital transformation, operations, and human resources. Catalant's services are utilized by clients ranging from Fortune 1000 companies to leading consultancies, effectively serving industries across North America, Europe, and Asia. The platform promotes efficient project execution by allowing businesses to find and hire the precise expertise required, ensuring a flexible and responsive consulting experience.Catalant generates revenue through a transaction-based model, where clients engage consultants and experts on a project basis. This structure typically involves B2B interactions, where companies access specialized knowledge and skills tailored to their specific needs. The pricing mechanism is designed to be fair and transparent, allowing clients to select from various options, including one-time project engagements or longer-term collaborations. The revenue streams are derived from the fees associated with these consulting services, which cater to a diverse clientele, including private equity firms and corporations seeking to enhance operational effectiveness and strategic initiatives. Catalant's flagship offerings, powered by its extensive network of experienced professionals, exemplify its commitment to delivering high-quality solutions that drive measurable results for its clients.Following the Series F funding round in March 2021, which raised USD 35.00 mn, Catalant Technologies, Inc. is poised to capitalize on the growing trend of companies opting for high-end freelancers instead of traditional consulting firms. The funding will be directed towards meeting the increased demand for its Consulting 2.0 model and expanding its reach into new markets, with specific plans for growth in Europe and Asia by 2023. The company aims to design new products that enhance its platform's capabilities, although specific launch dates have yet to be announced.

## Funding rounds

- Series F, Mar 30, 2021, $35M — 5Y Capital
- Series E, Jun 25, 2019, $27M — Highland Capital Partners, General Catalyst Partners, SJF Ventures, Salesforce Ventures, GE Ventures, ZX Ventures, Tectonic Ventures, Goldfinch Partners
- Series D, Aug 30, 2018, $0.5M — Highland Capital Partners, General Catalyst Partners, Greylock Partners, Kraft Group, GE Ventures
- Series D, Jun 7, 2017, $26M — Highland Capital Partners, General Catalyst Partners, Greylock Partners, Kraft Group, GE Ventures
- Series C, Mar 24, 2016, $22M — GE Capital, Equity, Highland Capital Partners, General Catalyst Partners, Greylock Partners
- Series B, Dec 18, 2014, $6.5M — GE Capital, Equity, Highland Capital Partners, Greylock Partners, Kraft Group, Suffolk Equity Partners
- Series A, Mar 26, 2014, $3.6M — Highland Capital Partners, Greylock Partners
- Seed, Sep 13, 2013, $0.8M — Connect Ventures, Accanto Partners

## Investors

- Connect Ventures — Seed
- Accanto Partners (https://capitalatlas.ai/funds/accanto-partners) — Seed
- Highland Capital Partners (https://capitalatlas.ai/funds/highland-capital-partners) — Series A, Series B, Series C, Series D, Series E
- Greylock Partners (https://capitalatlas.ai/funds/greylock-partners) — Series A, Series B, Series C, Series D
- GE Capital, Equity (https://capitalatlas.ai/funds/ge-capital-equity) — Series B, Series C
- Kraft Group — Series B, Series D
- Suffolk Equity Partners (https://capitalatlas.ai/funds/suffolk-equity-partners) — Series B
- General Catalyst Partners (https://capitalatlas.ai/funds/general-catalyst-partners) — Series C, Series D, Series E
- GE Ventures — Series D, Series E
- SJF Ventures (https://capitalatlas.ai/funds/sjf-ventures) — Series E
- Salesforce Ventures (https://capitalatlas.ai/funds/salesforce-ventures) — Series E
- ZX Ventures (https://capitalatlas.ai/funds/zx-ventures) — Series E
- Tectonic Ventures (https://capitalatlas.ai/funds/tectonic-ventures) — Series E
- Goldfinch Partners (https://capitalatlas.ai/funds/goldfinch-partners) — Series E
- 5Y Capital (https://capitalatlas.ai/funds/5y-capital) — Series F