Certinia, previously known as FinancialForce, was founded in 2009 by Jeremy Roche and Debbie Ashton. According to Reuters in July 2023, Certinia was purchased by Haveli Investments for $1 billion.
Certinia is a cloud-based application company whose products are designed to support large businesses with growth, innovation, data analysis, and day-to-day operations. Per Forge data, Certinia has raised a total of $193.9 million in funding over 6 rounds, with their latest funding being raised on Apr 1, 2021. Key investors include Salesforce Ventures, Advent International, UNIT4, and TCV.
These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
09/25/2017 | Series C | $37.15MM | $xx.xx | $718.39MM | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
7,781,728
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.5x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Undisclosed Investors
|
||||||
03/26/2015 | Series B | $110MM | $xx.xx | $549.35MM | Salesforce Ventures, Technology Crossover Ventures, TriplePoint Venture Growth | |
Price per Share
$xx.xx
Shares Outstanding
28,624,961
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.5x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Salesforce Ventures, Technology Crossover Ventures, TriplePoint Venture Growth
|
||||||
04/24/2014 | Series A | $50MM | $xx.xx | $90.91MM | Advent International, Salesforce Ventures, Enit4 | |
Price per Share
$xx.xx
Shares Outstanding
50,000,000
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Advent International, Salesforce Ventures, Enit4
|