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- Kantata
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
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
Website
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
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Apr 2019 | Series E | Carrick Capital Partners (lead); Goldman Sachs Growth Equity (lead) | $48M | - |
| Nov 2016 | Series D | Goldman Sachs Growth Equity (lead) | $39M | - |
| Feb 2015 | Series C | Carrick Capital Partners (lead); Silicon Valley Bank | $19M | Kantata 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 2013 | Series 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
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 2 | Lead | Nov 2016 | ||
This data is available for Pro users. Sign up to see all 3 Kantata investors. Start Free Trial | ||||
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Start Free TrialAcquisitions 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
| 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 Country | |
| HQ City | London |
| Deal Date | 15 Dec 2021 |
| Valuation | undisclosed |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all Kantata acquisitions and their M&A valuation multiples. Start Free Trial | |
Kantata Competitors
Kantata competitors include listed companies like Constellation Software and SS&C Technologies, and private ones like Rippling, Checkr, Assembled and Rali.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | $570M | - | $17B | 29.5x | ||
| Private | $800M | - | $4.6B | 5.8x | ||
| Private | - | - | $1B | - | ||
| Private | - | - | $175M | - | ||
| Publicly listed | $12B | $2.5B | $43B | 3.5x | ||
| Publicly listed | $6.3B | $2.1B | $19B | 3.9x |
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 FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $12B | $2.5B | 4.0x | 3.5x | 18.5x | 12.9x | |||
| $6.3B | $2.1B | 4.2x | 3.9x | 12.4x | 10.0x | |||
| $1.8B | $393M | 3.4x | 3.0x | 15.3x | 10.6x | |||
| $578M | ($16M) | 4.6x | 4.5x | (164.3x) | 20.9x | |||
| $927M | ($26M) | 0.7x | 0.7x | (27.2x) | 4.8x | |||
| $157M | ($44M) | 1.1x | 1.0x | (4.0x) | (22.1x) | |||
| $435M | $60M | 0.6x | 0.6x | 4.3x | - | |||
| $9M | - | 10.0x | - | - | - | |||
This data is available for Pro users. Sign up to see all Kantata competitors and their valuation data. Start Free Trial | ||||||||
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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