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Centric Software
Plm solutions that help businesses in line planning, calendar materials management, and product specifications
About Centric Software
Headquartered in Silicon Valley, Centric Software operates as a key provider of Product Lifecycle Management (PLM) solutions, primarily serving the retail, fashion, luxury, and consumer goods industries. Founded in 1998, the company has established itself as a significant player in helping brands manage the entire lifecycle of their products, from initial concept to final replenishment. Chris Groves, who joined as President and CEO in 1997, leads the company's global strategy, bringing over two decades of experience in managing technology companies, including executive roles at Computervision and Novatel Communications.
The company's business model is centered on a Software-as-a-Service (SaaS) subscription framework, which generates a steady stream of recurring revenue. This is supplemented by fees for professional services, such as implementation, and maintenance. Centric's core offering is its AI-enabled platform designed to streamline and optimize the complex processes of product development. This platform is composed of several key solutions: Centric PLM™ for product execution, Centric Planning™ for financial and assortment planning, Centric Pricing & Inventory™ for price optimization, Centric Market Intelligence™ for competitive insights, and Centric Visual Boards™ for data visualization. These tools are designed to connect with other enterprise systems like ERP and DAM, creating an integrated digital environment for its clients.
Centric Software serves a global clientele that includes prominent names such as Louis Vuitton, Tesco, Under Armour, and Calvin Klein. In June 2018, Dassault Systèmes, a world leader in 3D design software, announced its acquisition of a majority stake in Centric Software. This strategic partnership was intended to accelerate the digital transformation of companies in the fashion and retail sectors by combining Centric's specialized PLM solutions with Dassault's 3DEXPERIENCE platform. Following the agreement, Dassault acquired a majority stake for approximately $350 million, with plans to keep Centric operating independently.
Source: Dealroom company dataAt a glance
- Status
- Acquired
- Founded
- 1997
- Headquarters
- Campbell, United States
- Employees
- 1,423
- Open positions
- 72
- Dealroom signal
- 86.8/100
- Industry
- Fashion
- Sector
- Fashion, Retail, Luxury, Hard Tech
- Business model
- Manufacturing
- Client focus
- b2b
- Investment activity
- 4 companies, latest Feb 2025
- Capital deployed
- —
- Preferred round
- ACQUISITION
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITIONOther financing | Jun 2018 | $0 | — | Dassault Systemes | — |
| SERIES DOther financing | Jul 2014 | $24M | $96M | Fung Capital | — |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Centric Software is 420K monthly website visits, up 44.8% over the last three months. Centric Software's team grew 178.5% over the past year.
Open positions
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
ContentservBerlin, GermanyMarketing & product information management, multichannel e-commerce and marketing resource planning
$242Mvaluation
AiforaDüsseldorf, GermanyOffers powerful SaaS solutions for more accurate and targeted pricing, promotions and merchandise flow for brands and retailers
$31Mvaluation
Style SageNew York City, United StatesSmart machines that see the world of retail the way you do
$8Mvaluation
FT
Framework TechnologiesBurlington, United StatesFramework Technologies, a developer of Web-based project communication software for the extended enterprise
$100Mvaluation
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A5 investors entered at this stage
- BVBoston Capital Ventures
Bank of America
Oak Investment
Masthead Venture Partners- BVBancBoston Ventures
Series B and later1 investor entered at this stage
Fung Capital
Other known investors3 additional known investors
Dassault Systemes
KKR- KCKline Hawkes & Co
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Centric Software on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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