CEIPAL - HCM Solutions
“Can a staffing-focused ATS + VMS become the operating system for the entire contingent-workforce lifecycle across IT, healthcare, and Global Capability Centers?”
Founded2015
HQRochester, New York, United States
FoundersSameer Penakalapati
Total raised$29.8M
Latest roundSeries B, 2022
IndustryVertical SaaS / Staffing & Recruitment
The story
CEIPAL began in 2015 as an AI-powered ATS + VMS for IT staffing firms. Over time it expanded into workforce management, invoicing, timesheets, expenses, and immigration/LCA compliance — becoming a back-office 'staffing OS'. In 2023 it added generative AI (ChatGPT) into sourcing/screening, and by 2026 repositioned as a unified talent platform for healthcare staffing, corporate HR, and Global Capability Centers (GCCs). Financial functionality (invoicing, expenses, accounting) is delivered via QuickBooks integration rather than embedded finance rails.
Last 12 months
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Product timeline
2015
Founded as an AI-powered applicant tracking system for staffing firms· launch
2022
Closed $21M Series B funding round led by Camden Partners· funding
2023
Integrated ChatGPT into ATS for AI-driven recruitment workflows· product
2026
Repositioned as unified 'Staffing OS' covering healthcare, enterprise, GCC and staffing firms· pivot
The stack
1 layer disclosed in CEIPAL - HCM Solutions’s embedded-finance stack
Accounting
Accounting gap: minor