How Much Did Centage Raise?
Funding & Key Investors

Centage has solidified its position within the financial planning and analysis sector, securing a cumulative capital infusion of $21M. This trajectory of financial backing, punctuated by a recent strategic investment of $1M, underscores the company's resilience and its capacity to scale within the competitive enterprise software landscape. By consistently attracting institutional interest, Centage has demonstrated a robust growth trajectory that aligns with the increasing demand for agile, cloud-native financial management tools.

The firm's ability to navigate various funding stages, from early-stage venture capital to debt financing, reflects a sophisticated approach to capital structure management. As the organization continues to evolve, this latest injection of resources serves as a critical catalyst for further product innovation and market expansion, ensuring that Centage remains at the forefront of the digital transformation of corporate finance departments.

What is Centage?

Centage
SoftwareFinancial Software

Centage operates as a premier provider of modern FP&A software, specifically designed to modernize the budgeting, planning, and forecasting processes for enterprise-level organizations. Its flagship platform, Planning Maestro, serves as a centralized hub for financial intelligence, enabling teams to move beyond legacy spreadsheet-based workflows. By leveraging intuitive automation and cloud-based architecture, the company empowers finance leaders to enhance operational accuracy and deliver actionable insights with unprecedented speed. In an era where business agility is paramount, Centage provides the essential infrastructure for organizations to maintain fiscal discipline while navigating complex market dynamics.

How much funding has Centage raised?

Centage has raised a total of $21M across 4 funding rounds:

2014

Series A

$9.5M

2017

Series B

$2M

2019

Series C

$8.5M

2020

Debt

$1M

Series A (2014): $9.5M with participation from TVC Capital and Northgate Capital

Series B (2017): $2M, investors not publicly disclosed

Series C (2019): $8.5M supported by TVC Capital

Debt (2020): $1M featuring PPP

Key Investors in Centage

TVC Capital

TVC Capital is a growth equity firm based in San Diego, CA, specializing in investments and acquisitions of software companies and software-enabled service firms. The firm focuses on innovative B2B software companies, partnering with exceptional management teams to accelerate growth and maximize value.

Northgate Capital

Northgate Capital is a private equity and venture capital firm that focuses on investing in high-growth technology companies and providing strategic support to foster long-term value creation.

PPP

Public-Private Partnership

What's next for Centage?

Looking ahead, the strategic deployment of $1M is expected to accelerate Centage's product roadmap, with a likely focus on integrating advanced predictive analytics and machine learning capabilities into the Planning Maestro ecosystem. As the company transitions into a more mature phase of its lifecycle, the focus will shift toward deepening its market penetration and expanding its footprint within the mid-market and enterprise segments. By prioritizing scalable architecture and user-centric design, Centage is well-positioned to capitalize on the ongoing shift toward automated financial operations, potentially setting the stage for future strategic partnerships or further capital market activities.

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Frequently Asked Questions Regarding Centage Financial Insights

What are the most recent funding rounds that Centage has completed, and what were the funding rounds?
Centage has recently completed 3 funding rounds: Debt on Apr 15, 2020, Series C on Feb 7, 2019, Series B on May 15, 2017.
What is the total amount of funding Centage has raised to date?
Centage has raised a total of $21M in funding to date.
How many funding rounds has Centage completed?
Centage has completed 3 funding rounds.
How much funding did Centage raise in its most recent funding round?
Centage raised $1M in its most recent funding round.
Who are the lead investors in Centage's latest funding round?
The lead investor in Centage's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Centage's history?
The largest funding round in Centage's history was $9.5M.
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