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2024 Revenue

$171.6M(Est.)

Funding

$29.8M

Team

605

Founded

2015

CEIPAL Revenue & Funding (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.

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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 over time · latest figure estimated$0$40M$80M$120M$160M$200M201520172019202120232024$0$14.1M$171.6MSource: GetLatka.com
YearMilestoneSource
2024CEIPAL Hit $171.6m revenue in October 2024Estimated
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$0$0.2$7.5M$0.4$15M$0.6$22.5M$0.8$30M$1$37.5M20152016201720182019202020212022Source: GetLatka.com
YearRoundAmountValuation% SoldSource
2022Debt Financing$4.5M--
2022Series B$16.5M--
2019Series A$7.5M--
2018Seed Round$1.3M--

Founder / CEO

Sameer Penakalapati

CEO

CEO, and Chief of New Business Ventures

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Customers

We do not have customer count information for CEIPAL yet.

CEIPAL Employees & Team Size

CEIPAL employs approximately 605 people as of 2026, up from 541 in 2023, including 50 sales reps that carry a quota.

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

Frequently Asked Questions about CEIPAL

What is CEIPAL's revenue?

CEIPAL generates an estimated $171.6M in annual revenue.

Who is the CEO of CEIPAL?

The CEO of CEIPAL is Sameer Penakalapati.

How much funding does CEIPAL have?

CEIPAL raised $29.8M across 4 rounds.

How many employees does CEIPAL have?

CEIPAL has 605 employees.

Where is CEIPAL headquarters?

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

Compare CEIPAL to the industry

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

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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