# CEIPAL funding: rounds and investors

> CEIPAL has raised $24M across 2 rounds since 2019. Investors include Mistral and Resolve Growth Partners. Every round with its source.

Source: https://millionrounds.com/company/ceipal (Millionrounds; every figure on the page links to its filing or article)

United States · [Series B startup](https://millionrounds.com/companies)

# Who invested in *CEIPAL*

2 rounds we have observed, with the 2 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

AI

Funding summary Updated 26 Oct 2026

**$24M** raised across 2 rounds since 2019, from 2 sources

**$7.5M** Round **$17M** Series B

- **Latest round:** Series B, $17M Jun 2022
- **Step-up i:** 2.2×
- **Investors:** 2

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2020 2021 2022

**$7.5M** Round

**$17M** Series B

- **First round:** Round, $7.5M
- **Biggest round:** $17M
- **Between rounds:** 3.1 years

## The rounds

- **Jun 2022** Series B **$17M** *1 returning* [Mistral](https://millionrounds.com/fund/mistral) Source recorded SEC filing: $18M sold, first sale Jun 2022
- **Apr 2019** Round **$7.5M** *2 new* [Mistral](https://millionrounds.com/fund/mistral) [Resolve Growth Partners](https://millionrounds.com/fund/resolve-growth-partners) Reported by FinSMEs SEC filing: $7.5M sold, first sale Apr 2019

## Founders and team

From CEIPAL's own website and the SEC filings it signed: 1 founder, 10 on the team.

**Jit Sinha** Co-Founder | RESOLVE

- **Dennis Farkos** President & Chief Financial Officer
- **Subhash Potturi** Senior Vice President of Sales & Strategy
- **Sameer Penakalapati** Ceipal CEO | Entrepreneur
- **Amar Chadipirala** Chief Technology Officer
- **Aneel Potluri** Chief Operations Officer
- **Christina Miller** Controller
- **Gaurav Chopra** Senior Director - Customer Success
- **Mallikarjuna D** Director - HR and Learning & Development
- **Chris Rhodes** Mr. Rhodes resigned as a Director prior to the date hereof. i
- **Jason Tagler** Board of Directors

On the board, as filed i *Biswajit Sinha* *Code Cubitt*

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Round** 2019 **Series B** 2022 [Mistral](https://millionrounds.com/fund/mistral) [Resolve Growth Partners](https://millionrounds.com/fund/resolve-growth-partners)

## Everyone who backed them

[Mistral](https://millionrounds.com/fund/mistral) VC firm **2** rounds

[Resolve Growth Partners](https://millionrounds.com/fund/resolve-growth-partners) Private equity **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=ceipal).

## Quick answers about CEIPAL

### Who invested in CEIPAL?

CEIPAL's investors include Mistral and Resolve Growth Partners.

### How much has CEIPAL raised?

CEIPAL has raised $24M across 2 rounds since 2019.

### When did CEIPAL last raise?

CEIPAL's most recent round was a Series B of $17M in Jun 2022.

### What was CEIPAL's biggest round?

Its most recent round, $17M in Jun 2022, is also its largest on record.

### Who backed CEIPAL first?

CEIPAL's first round on record, in Apr 2019, was backed by Mistral and Resolve Growth Partners.

### What stage is CEIPAL at?

CEIPAL's latest named round is a Series B, in Jun 2022.

### Where is CEIPAL based?

CEIPAL is based in the United States.

## Companies like CEIPAL

In the same sector, and raised in the last eighteen months.

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