# Certeon

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

- Industry: Software
- Headquarters: Burlington, US
- Website: www.certeon.com
- Total disclosed funding: $17M
- Latest round: Series C (Jun 30, 2009)
- Investors on record: 5

## About

Certeon, Inc. delivers innovative technology solutions designed to enhance operational efficiency and data management for various industries, focusing on optimizing processes and improving customer engagement.Founded in 2003 and headquartered in Burlington, US, Certeon, Inc. specializes in providing advanced technological tools and services. Over its operational history, the company has successfully executed 4 deals, with its latest funding round in 2023 raising USD 4.00 mn from investors including Globespan Capital Partners, RRE Ventures, and Sigma Partners, totaling USD 4.00 mn raised. The company has not undergone any significant business pivots or changes and currently has no known subsidiaries.Certeon, Inc. offers a range of advanced technological tools and services that improve operational efficiency and streamline processes. Their solutions enhance data management, customer engagement, and optimize supply chain logistics, attracting clients from healthcare, finance, and retail sectors. The company operates in North America, Europe, and Asia-Pacific, ensuring accessibility to its diverse offerings.Certeon, Inc. generates revenue through subscription models that provide ongoing access to its products and services, alongside one-time licensing fees. Clients can select tiered pricing plans tailored to their needs, while B2B transactions with wholesalers and retailers further expand their market presence. This diversified revenue approach fosters strong client relationships and ensures a steady income stream.Certeon, Inc. aims to launch new products designed to meet evolving market demands, with plans for expansion into additional geographic regions, targeting new markets by 2025. The recent funding of USD 4.00 mn will support these initiatives, enhancing their ability to innovate and penetrate these new areas. Additionally, the exit of RRE Ventures and Globespan Capital from their investment highlights the ongoing dynamics of their funding landscape.

## Funding rounds

- Series C, Jun 30, 2009, $3.5M — Globespan Capital Partners
- Series B, Jun 25, 2007, $14M — Globespan Capital Partners, RRE Ventures, Dow Chemical Company Pension Fund, Union Carbide Employees' Pension Plan, Sigma Partners

## Investors

- Globespan Capital Partners (https://capitalatlas.ai/funds/globespan-capital-partners) — Series B, Series C
- RRE Ventures (https://capitalatlas.ai/funds/rre-ventures) — Series B
- Dow Chemical Company Pension Fund — Series B
- Union Carbide Employees' Pension Plan — Series B
- Sigma Partners — Series B