About Cone
Cone is a company based in Hyderabad (India) founded in 2022.. Cone has raised $1.78 million across 2 funding rounds from investors including Y Combinator. The company has 1 employees as of March 26, 2024. Cone offers products and services including Cone Propose and Cone Practice. Cone operates in a competitive market with competitors including Contabilizei, FastSpring, Sleek, Consero Global and Fincent, among others.
- Headquarter Hyderabad, India
- Employees 1 as on 26 Mar, 2024
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Sectors
Financial ServicesTechnology
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Phone
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Website
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Social
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- Legal Name Cone Software Private Limited
- Date of Incorporation 18 May, 2022
- Jurisdiction Hyderabad, Telangana, India
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.78 M (USD)
in 2 rounds
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Latest Funding Round
$1.66 M (USD), Seed
Mar 29, 2023
- Investors
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Employee Count
1
as on Mar 26, 2024
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Products & Services of Cone
Cone offers a comprehensive portfolio of products and services, including Cone Propose and Cone Practice. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Software for creating and managing professional proposals and billing.
Platform for unified workflows and client management in accounting firms.
Funding Insights of Cone
Cone has successfully raised a total of $1.78M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.66 million completed in March 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Seed — $1.7M
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First Round
First Round
(01 Jun 2022)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2023 | Amount | Seed - Cone | Valuation |
investors |
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| Jun, 2022 | Amount | Seed - Cone | Valuation | Y Combinator |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Cone
Cone has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Y Combinator. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage startups are accelerated via funding and educational programs.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Cone
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Cone
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Cone Comparisons
Competitors of Cone
Cone operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Contabilizei, FastSpring, Sleek, Consero Global and Fincent, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online accounting and tax services are provided for small businesses.
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| domain | founded_year | HQ Location |
Cloud-based subscription management and tax collection solutions are provided.
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| domain | founded_year | HQ Location |
Platform offering business incorporation solution
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| domain | founded_year | HQ Location |
Online financial management and accounting services are offered to businesses.
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| domain | founded_year | HQ Location |
Online bookkeeping and tax filing are provided for small businesses.
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| domain | founded_year | HQ Location |
Online tax and bookkeeping services for businesses
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Cone
When was Cone founded?
Cone was founded in 2022.
Where is Cone located?
Cone is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Is Cone a funded company?
Cone is a funded company, having raised a total of $1.78M across 2 funding rounds to date. The company's 1st funding round was a Seed of $125K, raised on Jun 01, 2022.
How many employees does Cone have?
As of Mar 26, 2024, the latest employee count at Cone is 1.
What does Cone do?
Cone was founded in 2022 and is headquartered in Hyderabad, India. Operations focus on the fintech sector, where tech-enabled accounting and bookkeeping services are delivered. These include tax filing, accounts payable and receivable management, cross-border accounting, and related functions. The company serves clients through its digital platform accessible via getcone.io.
Who are the top competitors of Cone?
Cone's top competitors include Contabilizei, Pilot and Finaloop.
What products or services does Cone offer?
Cone offers Cone Propose and Cone Practice.
Who are Cone's investors?
Cone has 1 investor. Key investors include Y Combinator.
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