When was Ceannate founded?

Ceannate was founded in 2004 and raised its 1st funding round 7 years after it was founded.

Where is Ceannate located?

Ceannate is headquartered in Rolling Meadows, United States. It is registered at Buffalo Grove, Illinois.

How many employees does Ceannate have?

As of Dec 31, 2022, Ceannate has 103 employees, reflecting a 36% year-over-year decline in headcount.

Is Ceannate a funded company?

Ceannate is a funded company, having raised a total of $***** in its 1st and only funding round, a Series C round on Aug 2011.

When was the latest funding round of Ceannate?

Ceannate's latest funding was a $***** Series C round on Aug 2011, with participation from 1 investor.

Where does Ceannate rank among its competitors?

Ceannate ranks 621st amongst 1552 active competitors, of which 72 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Prisa, which secured $918K in Sep, 2023.

Who are the top competitors of Ceannate?

Ceannate's top competitors include Minerva Project, Prisa and NSPIRA. Among them, Prisa secured the most recent funding round in September, 2023.

Ceannate - 2026 Company Profile, Team, Funding & Competitors

Company Details

Ceannate corp is an education financial service company. Its area of operations includes Receivables Management, Education Loan Servicing and Government Payments. Ceannate corp works through its subsidiaries companies - Financial Management Systems, i3 Group, Iontuition, and AuthenticAID.

Website: ceannate.com
Registered Address: Buffalo Grove, Illinois

Key Metrics

Founded Year

2004

Location

Rolling Meadows, United States

Stage

Deadpooled

Latest Funding Round

Series C, Aug 2011, $*****

Investors

IA Capital Group

Ranked

621^st among 1552 active competitors

Employee Count

103 as on Dec 31, 2022

Similar Companies

Minerva Project & 1655 more

View Ceannate's full profile

Ceannate is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
CEANNATE CORP. CIN: 453090583 , United States, Active	Dec 26, 999	-	103 (As on Dec 31, 2020)	-

Ceannate has raised funding over 1 round. Its latest funding round was a Series C round on Aug 2011 for $*****. 1 investor participated in its latest round. Ceannate has 1 institutional investor.

Here is the list of recent funding rounds of Ceannate:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Aug 2011	3913092	Series C	3658127	2775479	8121639	7969974

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View details of Ceannate's funding rounds and investors

Ceannate's employee count trend

Ceannate has 103 employees as of Dec 22. The total employee count is 36.0% lower than what it was in Dec 21. Here is Ceannate's employee count trend over the years:

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Top competitors of Ceannate include Minerva Project, Prisa and NSPIRA. Here is the list of Top 10 competitors of Ceannate, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Minerva Project 2011, San Francisco (United States), Series C	Offers academic programs in arts, sciences, computational sciences, humanities, and social sciences	$155M	Benchmark, TAL Education Group & 8 others	66/100
2nd	Prisa 1958, Madrid (Spain), Public	Provider of education, information, and entertainment media	-	HSBC, Vivendi & 5 others	59/100
3rd	NSPIRA 2014, Hyderabad (India), Series C	Management services provider to education sector	$75M	Morgan Stanley, Samena Capital & 24 others	58/100
4th	Varsity 2011, Hyderabad (India), Series B	Provider of education administration programs for schools	$71M	NSR Partners, Coeus Education Management & 3 others	55/100
5th	Ambow Education 2000, Beijing (China), Public	Educational IT solutions and services provider for K-12 schools and tutoring centers	$167M	Macquarie, Avenue Capital Group & 6 others	54/100
6th	Boxlight 1985, Lawrenceville (United States), Public	Developer & provider of interactive classroom technology	-	The Lind Partners, Falcon Capital	54/100
7th	Gruppo Spaggiari Parma 1926, Parma (Italy), Acquired	Provider of education, training, and infrastructure services	-	-	53/100
8th	Ser Educacional group 2003, Recife (Brazil), Public	Limited information available	-	IFC, Cartesian Capital Group	51/100
9th	Aspen Group 1987, New York City (United States), Public	Education technology holding company focused on affordable higher education	-	-	51/100
10th	Al Khaleej Training And Education 1993, Riyadh (Saudi Arabia), Public	Training provider	-	-	50/100
621st	Ceannate 2004, Rolling Meadows (United States), Deadpooled	BPO Services for the Higher Education Sector	-	IA Capital Group	19/100