Kantata Funding, Investors & Competitors

Kantata has raised $108M across 4 funding rounds, most recently a $48M Series E in April 2019.

Last Kantata funding round

$48M

Series E · Apr 2019

Cumulative funding Kantata raised

$108M

across 4 funding rounds

Key investors in Kantata

  • Goldman Sachs Growth Equity
  • Carrick Capital Partners
  • Silicon Valley Bank

Kantata Overview

About Kantata

Kantata is a cloud software platform, based in Irvine, California, that provides resource planning and project management tools for professional services businesses. Formed through the 2021 merger of Mavenlink and Kimble Applications, the company combines project and resource management with professional services automation to give services firms visibility and control over their people and projects. Kantata serves thousands of clients and hundreds of thousands of services professionals across more than 100 countries.


Founded

2008

HQ

United StatesUnited States

Status

Privately held

Customer focus

B2B

Revenue model

Subscription

Kantata Funding History

Kantata has raised a total of $108M across 4 funding rounds.

Kantata's first fundraising round was a $2M Series B in April 2013. The most recent completed round was a $48M Series E in April 2019.

Kantata funding rounds

Kantata funding rounds
DateStageInvestorsRaisedDeal Summary
Apr 2019Series ECarrick Capital Partners (lead); Goldman Sachs Growth Equity (lead)$48M-
Nov 2016Series DGoldman Sachs Growth Equity (lead)$39M-
Feb 2015Series CCarrick Capital Partners (lead); Silicon Valley Bank$19MKantata is a purpose-built cloud software platform that provides resource planning, control, and confidence to professional services businesses. The company enables optimized resource planning and elevated business performance for thousands of customers. The company grew substantially over time, with reported current revenue of $114.9 million and total funding of $137.4 million across eight funding rounds. Most recent funding of $48 million came through a Series E+ round involving a merger with Mavenlink in November 2021, and the company also completed an acquisition financing round in March 2021 with Accel-KKR. Kantata operates from Irvine, California, and employs 547 people, serving the enterprise resource planning software market for professional services organizations.
Apr 2013Series B-$2M-

Who has invested in Kantata?

3 investors have backed Kantata across its funding rounds, including Goldman Sachs Growth Equity, Carrick Capital Partners and Silicon Valley Bank.

Lead investors include Carrick Capital Partners and Goldman Sachs Growth Equity.


Kantata Investors

Investors in Kantata by funding rounds participated
InvestorHQRoundsRoleFirst check
Goldman Sachs Growth EquityUnited StatesNew York City, NY2LeadNov 2016

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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples

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Acquisitions by Kantata

Kantata has acquired 1 company to date.

Last acquisition by Kantata was on December 15th 2021. Kantata acquired Kimble Applications for undisclosed valuation.


Latest Acquisitions by Kantata

Kimble Applications
Description
Kimble Applications is a professional services automation platform that streamlines project scoping, resource allocation, time tracking, and invoicing for consulting, software, and hi-tech firms. Clients including NTT Data, Sage, and Canon rely on its CRM-integrated system for real-time visibility into profitability and delivery. London-headquartered, it focuses on services processes to enhance team collaboration across sales, resource management, and project execution.
HQ CountryUnited Kingdom
HQ City
London
Deal Date15 Dec 2021
Valuationundisclosed
EV/Revenue
EV/EBITDA

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Kantata Competitors

Kantata competitors include listed companies like Constellation Software and SS&C Technologies, and private ones like Rippling, Checkr, Assembled and Rali.

Public and private companies comparable to Kantata
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
RipplingUnited StatesSan Francisco, CAPrivate$570M-$17B29.5x
CheckrUnited StatesSan Francisco, CAPrivate$800M-$4.6B5.8x
AssembledUnited StatesSan Francisco, CAPrivate--$1B-
RaliUnited StatesAlpharetta, GAPrivate--$175M-
Constellation SoftwareCanadaCanadaPublicly listed$12B$2.5B$43B3.5x
SS&C TechnologiesUnited StatesUnited StatesPublicly listed$6.3B$2.1B$19B3.9x

Kantata Public Comps

Kantata is still privately-owned, but its public comps include Constellation Software, SS&C Technologies, Topicus, Intapp, RWS Holdings, CS Disco, Hibino, Xp Industrial FII, GetBusy and Valtes Holdings.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Constellation Software$12B$2.5B4.0x3.5x18.5x12.9x
SS&C Technologies$6.3B$2.1B4.2x3.9x12.4x10.0x
Topicus$1.8B$393M3.4x3.0x15.3x10.6x
Intapp$578M($16M)4.6x4.5x(164.3x)20.9x
RWS Holdings$927M($26M)0.7x0.7x(27.2x)4.8x
CS Disco$157M($44M)1.1x1.0x(4.0x)(22.1x)
Hibino$435M$60M0.6x0.6x4.3x-
Xp Industrial FII$9M-10.0x---

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Common questions about Kantata

When was Kantata founded?Kantata was founded in 2008.
Where is Kantata headquartered?Kantata is headquartered in United States.
Is Kantata publicly listed?No, Kantata is a private, VC-backed company.
How much funding has Kantata raised?Kantata has raised $108M across 4 funding rounds.
What was Kantata's last funding round?Kantata's last funding round was a $48M Series E in April 2019, led by Carrick Capital Partners and Goldman Sachs Growth Equity.
Who are Kantata's investors?Kantata's investors include Goldman Sachs Growth Equity, Carrick Capital Partners and Silicon Valley Bank.
Which companies are comparable to Kantata?Companies comparable to Kantata include Rippling, Checkr, Assembled, Rali, Constellation Software and SS&C Technologies.
How many companies has Kantata acquired?Kantata has acquired 1 company, including Kimble Applications.

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