About Cerium Technology
Cerium Technology is a venture capital firm founded in 2013. It is primarily based out of New York City, United States. As of Nov 2022, Cerium Technology has invested in 14 companies. It primarily invests in Seed round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to Real Estate and Construction Tech and High Tech. Most recently it participated in the $***** Series C round of Atomica Overall, Cerium Technology portfolio has seen 2 acquisitions, namely Allegro Development. A lot of funds co-invest with Cerium Technology, with names like Dallas Venture Capital sharing a substantial percentage of its portfolio. Cerium Technology has team of 1 people including 1 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 1 more
Portfolio Acquisitions
Portfolio Soonicorns
Cerium Technology's List of Top Investments
Cerium Technology has a portfolio of 14 companies. Their most notable investments are in Enertiv and Citylitics.Their portfolio spans across United States, Canada and United Kingdom. They have invested in Enterprise Applications, Real Estate and Construction Tech, High Tech and 6 other sectors, across stages such as Seed, Series A and 1 more. Here is the list of top investments by Cerium Technology:1. Atomica
Manufacturer of MEMS, photonics, biochips, and sensors. It provides MEMS-based solutions in cloud computing, autonomous vehicles, cell therapy, molecular diagnostics, genomics, 5G, the Internet of Things (IoT), and more. Its product includes MEMS, including photonics, sensors, microfluidic biochips, and other microcomponents.
Key facts about Atomica
- Founded Year: 2000
- Location: United States
- Stage: Series C
- Total Funding till date: $30M
- Employee Count: 151 as on May 31, 2026
- Investors: National Science Foundation, Novo Tellus and 3 Others
- Latest Funding Round: Series C, Nov 09, 2022, $*****
2. Citylitics
Predictive analytics for public and utility businesses. It provides predictive intelligence on local utility and public infrastructure markets. The platform uses AI to analyze regulatory documents and public records to convert sales leads and market insights.
Key facts about Citylitics
- Founded Year: 2011
- Location: Toronto (Canada)
- Stage: Series A
- Total Funding till date: $7.71M
- Employee Count: 69 as on May 31, 2026
- Investors: MaRS Discovery District, Dallas Venture Capital and 7 Others
- Latest Funding Round: Series A, Mar 29, 2022, $*****
- Highlight: Editors' Pick

3. CloudSense
CloudSense provides CPQ & order management solutions for businesses. Its platform features digital commerce, product catalog management, field sales, subscription management, pricing management, contract management, order management, and more. For the Advertising industry, its features include Ad campaign fulfillment tracking, Ad sales management, and Ad server integration. Its major clients are Momentum Energy, Newsday, Proximus, and Liquid Telecom. It serves multiple sectors including communication, energy & utilities, transport & logistics, higher education, and others.
Key facts about CloudSense
- Founded Year: 2009
- Location: London (United Kingdom)
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $94.4M
- Employee Count: 54 as on May 31, 2026
- Investors: Golub Growth, Liberty Global and 11 Others
- Latest Funding Round: Grant (prize money), Aug 01, 2019, $*****
4. Enertiv
Provider of operational intelligence platform for commercial real estate management. The platform offers utility data collection, tenant billing automation, and maintenance management. It also facilitates carbon planning and equipment monitoring. The platform integrates with existing tools to provide solutions for industrial, retail, multifamily, and office properties.
Key facts about Enertiv
- Founded Year: 2011
- Location: New York City (United States)
- Stage: Series A
- Total Funding till date: $18.4M
- Employee Count: 54 as on May 31, 2026
- Investors: Fifth Wall, Clean Energy Venture Group and 19 Others
- Latest Funding Round: Series A, May 19, 2022, $*****
- Highlight: Editors' Pick
Allegro is one of the leaders of energy trading and risk management software solutions. It utilizes sophisticated technologies such as SOA, grid to provide efficiency across front, middle and back office. Its clients include some of the largest energy and trading companies in the world. It is headquartered in Dallas, Texas. It provides real-time information for companies that trade in commodities and helps them to take better business decisions.
Key facts about Allegro Development
- Founded Year: 1984
- Location: Dallas (United States)
- Stage: Acquired
- Employee Count: 137 as on May 31, 2026
- Investors: Guidepost Growth Equity, Tudor and 3 Others
- Latest Funding Round: Series A, Jan 31, 2008, $*****
- Highlight: Acquired
Cerium Technology's Year-on-Year Investment Trends
Cerium Technology has invested in 15 companies over the last 12 years, with an average of 0 new investment annually in the last 10 years. Its most recent first time investment was in Citylitics and most recent follow-on round was in Atomica.Cerium Technology's Investments by Stage
Cerium Technology has made 3 investments in Seed stage, 3 investments in Series A stage with an average round size of $2.7M and 1 investment in PE stage.Stage of entry | No. of Investments |
|---|---|
Seed | 3 |
Series A | 3 |
PE | 1 |
Note: We have considered here, only first round of investments
Cerium Technology's Investments by Sector
Cerium Technology has a diverse portfolio, with companies operating in the Enterprise Applications, Environment Tech, Sustainability Tech, Energy Tech and FinTech. Notably, it has invested in 11 Tech companies, 10 Enterprise (B2B) companies, 10 Software companies and at least 4 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 5 |
Environment Tech | 3 |
Sustainability Tech | 3 |
Energy Tech | 2 |
FinTech | 2 |
Others | 9 |
Note: We have considered here, only first round of investments
Cerium Technology's Investments by Geography
Cerium Technology has made most investments in United States (5), followed by Canada where it has made 1 investment.Country | No. of Investments |
|---|---|
United States | 5 |
Canada | 1 |
Note: We have considered here, only first round of investments
Cerium Technology's recent investments
Cerium Technology has not made any investment in 2026 so far.Here are the most recent investments by Cerium Technology:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Nov 09, 2022 | United States | Series C | 4528 | [+1] | |
Mar 29, 2022 | Canada | Series A | 3149 | ||
Oct 30, 2018 | United States | Seed | 7502 | - | |
Oct 03, 2016 | United States | Seed | 5297 | - | |
Aug 01, 2016 | United States | Series A | 2193 | - |
Acquired companies in Cerium Technology's Portfolio
2 companies from Cerium Technology's portfolio have been acquired. The most recent acquisition was Allegro Development in Apr 2019 by ION Group for $*****.Here are Cerium Technology's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Apr 17, 2019 | - | - | 6131 | |
Mar 02, 2016 | Jan 21, 2015 | PE | 8929 |
Team profile of Cerium Technology
Cerium Technology has a team of 1 member located in United States. Cerium Technology's team sits on the board of 1 company.Co-investors of Cerium Technology
Over the past 12 years, 17 investors have co-invested in Cerium Technology's portfolio companies. This includes funds and angels.
- Invested before Cerium Technology: National Science Foundation, Military Health and 5 others have invested in rounds before Cerium Technology. There is 1 company where National Science Foundation has invested before Cerium Technology and 1 company where Military Health has invested before Cerium Technology.
- Top Co-investors of Cerium Technology: 3 investors entered a company along with Cerium Technology. These include investors like Dallas Venture Capital (1 company).
- Invested after Cerium Technology: A total of 7 investors have invested in Cerium Technology's portfolio after their investments. Top Investors include Novo Tellus (1 company), St. Cloud Capital (1 company) and Commonweal Ventures (1 company).
Recent News related to Cerium Technology
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Citylitics Raises US$5 Million in Series A Funding to Accelerate Public Infrastructure Projects Using Data ScienceBusiness Wire•Mar 29, 2022•Citylitics, GCI, Cerium Technology, Dallas Venture Capital and 5 others
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Vector and Cerium Sell Allegro Development Corporation to ION GroupBusiness Wire•Apr 17, 2019•Vector Capital, Allegro Development, ION Group, Cerium Technology
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Vector, Cerium to sell Allegro to IONPE Hub•Apr 11, 2019•Allegro Development, Vector Capital, Cerium Technology, ION Group
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IMT Receives Majority Investment from Cerium TechnologyBusiness Wire•Oct 30, 2018•Atomica, Cerium Technology, Innovative Micro Technology
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Codestreet Receives Venture Capital Investment |FinSMEsFinSMEs•Jan 21, 2015•Codestreet, Cerium Technology
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