Latka logo

How CEIPAL CEO Sameer Penakalapati grew CEIPAL to $171.6M revenue with a 605 person team in 2024.

CEIPAL is a cloud-based talent management platform that provides a suite of recruiting and workforce management tools for staffing agencies and corporate HR teams. The platform offers features such as applicant tracking, candidate engagement, onboarding, and performance management, enabling businesses to streamline their recruitment and talent management processes. With CEIPAL, users can source candidates from various job boards and social media platforms, automate recruitment workflows, and track applicant and employee data in a centralized database. The platform also offers reporting and analytics tools to help businesses gain insights into their recruitment and workforce management performance. CEIPAL is used by staffing agencies, HR teams, and recruiters in various industries worldwide.

Last updated

CEIPAL Revenue

In 2024, CEIPAL's revenue reached $171.6M. The company previously reported $112M in 2023. Since its launch in 2015, CEIPAL has shown consistent revenue growth.

CEIPAL Revenue GrowthReported revenue / ARR by year$0$40M$80M$120M$160M$200M201520172019202120232024$0$14M$112M$172MSource: GetLatka.com
YearMilestone
2024CEIPAL Hit $171.6m revenue in October 2024
2023CEIPAL Hit $112m revenue in December 2023
2022CEIPAL Hit $14.1m revenue in June 2022
2015Launched with $0 revenue

CEIPAL Valuation, Funding Rounds

CEIPAL has not publicly disclosed its valuation. The company has raised $29.8M in total funding to date.

CEIPAL has raised $29.8M in total funding across 4 rounds, most recently a $16.5M Series B round in 2022.

CEIPAL Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$8M$15M$23M$30M$38M201520162017201820192020202120222015 cumulative: $0 • 2015 Founded: $02018 cumulative: $1M • 2015 Founded: $0 • 2018 Seed Round: $1M2019 cumulative: $9M • 2015 Founded: $0 • 2018 Seed Round: $1M • 2019 Series A: $8M2022 cumulative: $13M • 2015 Founded: $0 • 2018 Seed Round: $1M • 2019 Series A: $8M • 2022 Debt Financing: $5M2022 cumulative: $30M • 2015 Founded: $0 • 2018 Seed Round: $1M • 2019 Series A: $8M • 2022 Debt Financing: $5M • 2022 Series B: $17M$30M2015 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold
2022Debt Financing$4.5M--
2022Series B$16.5M--
2019Series A$7.5M--
2018Seed Round$1.3M--

CEIPAL Employees & Team Size

CEIPAL employs approximately 605 people as of 2026, up from 541 in 2023.

CEIPAL has 605 total employees in different roles and functions and 50 sales reps that carry a quota.

CEIPAL Team GrowthReported headcount over time015030045060075020152017201920212023202400404404541541605605Source: GetLatka.com
YearMilestone
2024Reached 605 employees (October 2024)
2023Reached 541 employees (July 2023)
2022Reached 404 employees (June 2022)

Founder / CEO

Sameer Penakalapati

CEO, and Chief of New Business Ventures

Q&A

QuestionAnswer
What's your age?-
Favorite online tool?-
Favorite book?-
Favorite CEO?-
Advice for 20 year old self-

Customers

We do not have customer count information for CEIPAL yet.

Frequently Asked Questions about CEIPAL

What is CEIPAL's revenue?

CEIPAL generates $171.6M in revenue.

Who is the CEO of CEIPAL?

The CEO of CEIPAL is Sameer Penakalapati.

How much funding does CEIPAL have?

CEIPAL raised $29.8M.

How many employees does CEIPAL have?

CEIPAL has 605 employees.

Where is CEIPAL headquarters?

CEIPAL is headquartered in Rochester, New York, United States.

People Also Viewed

WSO2 logo

WSO2

WSO2 Inc. is an open-source technology provider based in California, United States, with offices around the world. WSO2 offers an API management platform and an enterprise service bus (ESB) that enable businesses to integrate and manage their applications, data, and services. The company's products are built on open-source technology and designed to support the development and deployment of cloud-native applications. WSO2's platform includes features such as API management, identity and access management, analytics, and integration with other software applications.

Employ logo

Employ

A complete, modular SaaS platform that can optimize the speed, cost-effectiveness and ease of recruiting for any company using applicant tracking, recruiter CRM and social software services

Zeni logo

Zeni

Unleash the Power of AI Bookkeeping with a dedicated team of experts. With Zeni, you're able to update your books daily, access real-time insights, and receive personalized support from experts — all on a single platform

Factory logo

Factory

Factory is a developer of an AI-based platform for computer codes and software engineering. Its platform reviews code, addresses bugs, answers questions, and transforms software development with AI.

Affiniv Survey & Feedback logo

Affiniv Survey & Feedback

Affiniv is a customer experience platform that helps businesses collect NPS, CSAT, and Customer Feedback in general, analyze them using AI, and uncover actionable insights for business growth. Using our product, you can create surveys, send them over multiple channels (Email, WhatsApp, Web-Embed, etc.), and then analyze the responses on our AI-powered dashboard. Brands use this feedback to improve their existing products and processes, get ideas on new launches, and convert their detractors into promoters. Affiniv is affordable, easy to use, and comes with 1:1 onboarding support. We are a bootstrapped SAAS business building a high-quality product for our global customer base with customer experience at the heart of it.

Examinetics logo

Examinetics

Examinetics is the leading provider of occupational health solutions, offering services across the entire employee lifecycle with several delivery methods. They provide health care services including onsite audiometry, respiratory fit testing, and medical surveillance services.

Compare CEIPAL to the industry

CEIPAL operates across multiple industries. Browse revenue, funding, and growth data for CEIPAL in each sector below.

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .

CEIPAL Revenue 2024: $171.6M ARR, $29.8M Raised