Certica Solutions, Inc.
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Certica Solutions, Inc. - overview
Established
2001
Location
Wakefield, MA, US
Primary Industry
Software
About
Certica Solutions is a provider of data-driven educational solutions aimed at enhancing K-12 educational outcomes and operational efficiencies through innovative cloud-based software. Founded in 2001 and headquartered in Wakefield, US, Certica Solutions focuses on delivering data management and assessment solutions for education. The company has undergone strategic pivots to refine its product offerings. Certica Solutions has completed a total of 6 deals, with the most recent deal occurring on December 10, 2020.
The company raised a total amount of USD 3. 00 mn in its latest funding round led by Bay Capital Investment Partners and Eagle Capital. Certica Solutions specializes in providing data-driven solutions designed to enhance educational outcomes and operational efficiencies for K-12 school districts and education agencies. Their core product offerings include a suite of cloud-based software solutions that facilitate data management, assessment, and analytics.
Notably, the company offers tools that integrate student performance data with instructional resources to help educators tailor their teaching strategies effectively. The end use cases target challenges such as data silos, inconsistent assessment practices, and the need for actionable insights to improve student learning outcomes. Certica Solutions serves a diverse client base, including school districts across the United States, as well as education agencies that require robust data solutions to support their operations and decision-making processes. Certica Solutions generates revenue primarily through subscription-based models for its software services.
Clients, including K-12 school districts and educational institutions, enter into contracts that provide access to their platform, which includes various analytics and assessment tools. Revenue is structured around annual or multi-year subscriptions, enabling consistent cash flow while offering clients scalable solutions that grow with their needs. The company's flagship products, which are integral to its offerings, are designed to provide schools with powerful insights into student performance and operational efficiency. This transactional framework ensures that clients have ongoing access to updated features and support services, reinforcing their commitment to enhancing educational outcomes across the markets they serve.
Certica Solutions is focused on leveraging recent funding to enhance its product development and expand into new geographic markets. Following the acquisition by Instructure, Inc. , a portfolio company of Thoma Bravo in December 2020, the company will aim to introduce innovative data-driven educational tools and expand its presence outside the United States by 2023.
Current Investors
Thoma Bravo, Instructure Holdings, Inc., 424 Capital
Primary Industry
Software
Sub Industries
Education & Training Services, Schools, Education & Training Software
Website
www.certicasolutions.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Certica Solutions, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Trade Sale | Completed | Certica Solutions, Inc. | - |
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