Catalant Technologies, a Boston, MA-based provider of a software platform for companies to manage strategy execution, closed a $35m Series E funding.
Goldfinch Partners led the round, with new investments from Anheuser-Busch InBev’s ZX Ventures, Salesforce Ventures, and SJF Ventures. New investors were joined by follow-on investments from General Catalyst, Highland Capital, GE Ventures, Bob Doris of Accanto Partners, former Bain Capital Managing Director Mark Nunnelly, and Mark Cuban. The round brings Catalant’s total equity and debt funding to more than $100m.
The company also expanded its existing debt facility to scale its product offering and expand into new global markets.
Founded in 2013 by co-CEOs Pat Petitti and Rob Biederman as an online marketplace for companies to find consultants, Catalant today provides software and services for work planning, resource management, and insights and reporting. The system, in its Resources module, facilitates access to more than 65,000 independent experts and 1,000 consulting firms in 127 countries around the world.
Global organizations typically partner with the company to accelerate and enable strategic plan execution, centers of excellence, enterprise portfolio management of transformation workstreams, organizational redesigns, post-merger integrations, and agile transformations.
Customers include Anheuser-Busch InBev, MassMutual, Highmark Health, and Pfizer, among others.