# Centice

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/centice

- Industry: Software
- Headquarters: Morrisville, US
- Website: www.centice.com
- Total disclosed funding: $30M
- Latest round: Series D (Mar 15, 2013)
- Investors on record: 8

## About

Centice Corp. is a technology company focused on providing innovative software solutions that enhance operational efficiency through artificial intelligence and data analytics.Founded in 2004 and headquartered in Morrisville, US, Centice Corp. specializes in advanced software platforms designed to address complex business challenges. The company has executed a total of 21 deals, with its most recent funding round occurring on January 6, 2014, when it raised USD 0.50 mn in VENTURE DEBT financing. Over its operational history, there have been no significant pivots or changes in business strategy mentioned.Centice Corp. specializes in delivering innovative technology solutions tailored to enhance operational efficiency across various sectors. Their core product offerings encompass advanced software platforms that integrate artificial intelligence and data analytics to address complex business challenges. These solutions streamline workflows, improve decision-making processes, and optimize resource allocation for clients in industries such as healthcare, finance, and retail. The company serves a diverse clientele, including large enterprises, small to medium-sized businesses, and individual consumers, primarily in North America, Europe, and Asia-Pacific markets. By focusing on user-centric design and functionality, their offerings facilitate real-time insights and actionable intelligence, empowering end users to make informed decisions.Centice Corp.'s revenue model is predominantly based on a subscription structure, allowing clients to access their software platforms on a recurring basis. This includes tiered pricing plans that cater to varying levels of service and functionality, ensuring that clients can select a package that aligns with their specific operational needs. Transactions typically involve direct engagement with businesses, where contracts are negotiated based on the scale of deployment and required support services. The flagship products often feature additional modules or premium services that enhance the overall value proposition. As the company continues to grow its customer base, it emphasizes building long-term partnerships with clients, further solidifying its position in the market.Looking ahead, Centice Corp. is focusing on the development of new software products aimed at enhancing operational capabilities, with specific details on release dates yet to be announced. The company is also planning to expand into new geographic regions, specifically targeting markets in Europe and Asia-Pacific by the end of 2025. The recent VENTURE DEBT financing of USD 0.50 mn raised in January 2014 will be utilized to support these initiatives, allowing the company to invest in product development and market entry strategies.

## Funding rounds

- Series D, Mar 15, 2013, $8M — Aurora Funds, Bain Capital, Novak Biddle Venture Partners, Innovation Ventures, S-Group Capital Management, Fulcrum Financial Partners, Duke University, Sigma Partners
- Series C, Apr 30, 2010, $1.2M — Aurora Funds, Novak Biddle Venture Partners
- Series C, Mar 17, 2010, $0.6M — Aurora Funds, Novak Biddle Venture Partners
- Series C, Oct 21, 2009, $6.1M — Aurora Funds, Novak Biddle Venture Partners, Innovation Ventures, S-Group Capital Management, Fulcrum Financial Partners
- Series B, Nov 16, 2007, $11M — Aurora Funds, Bain Capital, Sigma Partners
- Series A, Oct 27, 2004, $3M — Aurora Funds, Novak Biddle Venture Partners

## Investors

- Aurora Funds (https://capitalatlas.ai/funds/aurora-funds) — Series A, Series B, Series C, Series D
- Novak Biddle Venture Partners (https://capitalatlas.ai/funds/novak-biddle-venture-partners) — Series A, Series C, Series D
- Bain Capital (https://capitalatlas.ai/funds/bain-capital) — Series B, Series D
- Sigma Partners — Series B, Series D
- Innovation Ventures (https://capitalatlas.ai/funds/innovation-ventures) — Series C, Series D
- S-Group Capital Management — Series C, Series D
- Fulcrum Financial Partners — Series C, Series D
- Duke University — Series D