Tech Company Financing Transactions

CEIPAL Funding Round

Camden Partners, Evergreen Mountain Equity Partners and Topmark Partners participated in a $21 million Series B funding round for CEIPAL. This VC investment round closed on 6/16/2022.

Transaction Overview

Company Name
Announced On
Transaction Type
Venture Equity
Series B

Camden Partners (Lead Investor) (Jason Tagler)

Evergreen Mountain Equity Partners (Lead Investor)

Topmark Partners (Lead Investor)

Mistral Venture Partners

Resolve Growth Partners (Jit Sinha)

Proceeds Purpose
This plans to use the funding to accelerate its regional market expansion, particularly within the US, UK, and India, to enhance its product capabilities and to grow its customer base among staffing businesses, systems integrators, and corporate organizations.

Company Information

Company Status
Private & Independent
Enterprise IT
Mailing Address
687 Lee Rd. 208A
Rochester, NY 14606
Email Address
Since 2015, CEIPAL has been raising the bar in the HR software industry, with many of our innovations becoming industry-standard. We are proud to be the first company to put powerful, easy-to-use recruiting & workforce management software into the hands of startups, growing companies, and enterprises alike.
CEIPAL LinkedIn Company Profile
Social Media
CEIPAL Company Twitter Account
Company News
CEIPAL on Facebook
CEIPAL on YouTube

Management Team

Email & Social
Chief Executive Officer
Sameer Penakalapati
  Sameer Penakalapati LinkedIn Profile  Sameer Penakalapati Twitter Account  Sameer Penakalapati News  Sameer Penakalapati on Facebook
VP - Engineering
Amar Chadipirala
  Amar Chadipirala LinkedIn Profile  Amar Chadipirala Twitter Account  Amar Chadipirala News  Amar Chadipirala on Facebook
VP - Human Resources
Divya Pant
  Divya Pant LinkedIn Profile  Divya Pant Twitter Account  Divya Pant News  Divya Pant on Facebook
VP - Marketing
Peter Velikin
  Peter Velikin LinkedIn Profile  Peter Velikin Twitter Account  Peter Velikin News  Peter Velikin on Facebook
VP - Sales
Subhash Potturi
  Subhash Potturi LinkedIn Profile  Subhash Potturi Twitter Account  Subhash Potturi News  Subhash Potturi on Facebook



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Prev: 6/16/2022: AIDoc Medical venture capital transaction
Next: 6/16/2022: Playermaker venture capital transaction


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Our team works diligently to report on every notable VC transaction. VC investment data records on this site are derived from a variety of public sources. The information is sourced from, an affiliated venture.


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