Latest round

Series B

Last raised

Jun 2022

Total raised

$17M

Investors

5

About Ceipal

Ceipal Corp.Founded in 2011 in Rochester, US, Ceipal Corp. specializes in software solutions for the staffing industry. The company was established by Sameer Penakalapati, who has a history of founding technology-focused companies.Ceipal provides a comprehensive suite of AI-powered software solutions designed primarily for staffing, recruiting, and talent management professionals. Its core offerings include an Applicant Tracking System (ATS), a Vendor Management System (VMS), and Workforce Management solutions, which collectively enable organizations to streamline their hiring processes, enhance candidate engagement, and improve overall operational efficiency. These products are tailored to meet the needs of various industries, including IT, healthcare, and general staffing, allowing users to quickly find, hire, and onboard top talent. Ceipal's client base consists of staffing agencies, managed service providers, internal corporate recruiting teams, and healthcare organizations, who utilize the platform to optimize their recruitment workflows and manage their talent effectively.Ceipal operates primarily on a subscription-based revenue model, where clients pay for access to its software solutions on a recurring basis. Transactions typically involve annual or monthly subscription fees, structured around the specific services utilized, such as the ATS, VMS, or Workforce Management features. Organizations may choose tiered pricing plans based on user numbers or feature breadth, facilitating scalability in line with operational needs. This model ensures steady revenue flow and fosters long-term client relationships as users are incentivized to continue utilizing the platform for enhanced staffing efficiency and effectiveness.In June 2022, Ceipal Corp. Ceipal is also reportedly working on launching new features to enhance its product suite, although specific new product release dates have not been disclosed.

Who invested in Ceipal

5 investors across 2 rounds

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Funding rounds

  1. Series B

    Jun 13, 2022

    Amount

    $17M

    Investors

    Locked

  2. Seed

    Jan 1, 2018

    Amount

    Undisclosed

    Investors

    Locked

Questions about Ceipal

Who invested in Ceipal?

Ceipal has 5 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Ceipal raised?

Ceipal has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Ceipal last raise money?

Ceipal's most recent round on record is a Series B, in Jun 2022.

What does Ceipal do?

Ceipal is a software company.

Where is Ceipal headquartered?

Ceipal is headquartered in Rochester, US.

Which VCs invest in companies like Ceipal?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Ceipal's stage. Their profiles are linked below.

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