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Cortera, Inc.
Business Summary
Cortera, Inc. is a privately-held, venture capital backed company that provides business credit reports and sales to business analysts, sales and marketing professionals, credit and collections professionals, and research professionals. Cortera offers a Web services interface, a credit scoring and collections automation platform, and a peer-to-peer credit risk and payment information tool for finance and credit professionals to share data in real time. Cortera, Inc. was founded in 1993 and is based in Boca Raton, FL.
Overview & Corporate Organization
Basic Information
| Company Tags: | VC Backed |
| Year Founded: | 1993 |
| Formerly Named: | eCredit.com |
| Fiscal Year End: | 12/31 |
| 1YR Revenue Growth Rate: | View % |
| 1YR Employee Growth Rate: | View % |
| City: | Boca Raton |
| State/Province: | Florida |
| Country: | United States |
| Website: | www.cortera.com |
Corporate Organization
| Brands: | Cortera First |
Industry Information
PrivCo Industries (Sector > Industry > Sub-Industry)
The PrivCo Industry Classification System™ (PICS) is our proprietary, modernized industry classification system, geared especially toward privately-held companies and including newer emerging sub-industries that are not reflected in other outdated industry classification systems, such as SIC and NAICS.
Charts, Financials, and Statistics (Table Format)
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| Financial Notes: | |
| * | Cortera, Inc. fiscal year end: 12/31 |
Charts, Financials, and Statistics (Graphs)
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Cortera, Inc. Revenues ($ MM): |
Cortera, Inc. Total Employees: |
Cortera, Inc. Productivity (Revenue/Employee) ($): |
Mergers & Acquisitions
| Date | Status | Target | Buyer | Deal Type | Price | |
| Details | Feb. 2000 | Completed | Cortera, Inc. | Internet Capital Group | Acquisition Minority Stake Purchase | $450,000,000 |
| Details | 2006 | Completed | View | View | Acquisition | View |
| Details | Dec. 2006 | Completed | View | View | Acquisition | View |
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VC/Funding Activity
| Date | Investor | Round | Investor Type | |
| Apr. 2008 | View | A-1 | Venture Capital | |
| Apr. 2008 | View | A-1 | Venture Capital | |
| Details | Total Round A-1 View | |||
| Mar. 2011 | View | A-2 | Venture Capital | |
| Mar. 2011 | View | A-2 | Venture Capital | |
| Mar. 2011 | View | A-2 | Private Equity | |
| Details | Total Round A-2 View | |||
| Nov. 2011 | View | Funding | Venture Capital | |
| Nov. 2011 | View | Funding | Venture Capital | |
| Details | Total Round Funding View | |||
| Total of Funding Shown Above View | ||||
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Detailed Business Description: Cortera, Inc.
Business Overview and Products
Cortera, Inc., formerly known as eCredit.com, Inc., is a privately-held provider of business information and commercial credit data. Specifically, Cortera is a provider of business-to-business (B2B) payment and purchase behavior data and insights on public and private companies. Cortera's products assist in the understanding of customers, suppliers and business partners by gaining visibility into what they purchase, how they pay and how their purchase and payment behavior changes over time. Main products include Cortera Pulse, B2B Purchase Insights, Cortera Data Boost, Cortera B2B Reports, Cortera eCredit and Cortera Connect:
Cortera Pulse- customer monitoring service that lets you track all of your customers and be alerted daily of any credit score changes, news, bankruptcy, liens & judgments
B2B Purchase Insights- allows users to analyze their current and potential customers' spending and vendor payment trends across a variety of shipping, raw… Continue Reading →
Supplemental Resources
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