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. 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
- SectorsFinancial ServicesTechnology
- Website category Business and Consumer Services · Online Marketing
- Website getcone.io
- Social LinkedIn
- Legal Name Cone Software Private Limited
- Date of Incorporation 18 May, 2022
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹5.87 Cr
FY 2024 · +46% YoY
- Net Profit₹31.2 Lakh
FY 2024 · 5% margin
- EBITDA₹42.6 Lakh
FY 2024 · 7% margin
- Total Equity Funding$1.78M (USD)
in 2 rounds
- Latest Funding Round$1.66M (USD), Seed
Mar 2023
- Investors
- Employee Count1
Associated legal entities of Cone
Cone operates through Cone Software Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Cone Software Private Limited CIN U72900TG2022PTC162735 | Active | 18 May 2022 | Hyderabad, Telangana | ₹5.9 Cr | – | 3 | View details |
Products & Services of Cone
Cone offers a comprehensive portfolio of products and services, including Cone Propose and Cone Practice.
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 $1.78M
- Total Rounds 2
- Last Round Seed — $1.66M
- First Round $125,000
(Jun 2022)
- Investors Count 1
All 2 funding rounds of Cone with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2023 | $1.66M | Seed | – | – | – |
| Jun 2022 | $125,000 | Seed | – | Y Combinator | – |
1 investors in total: 1 institutional.
Investors in Cone
Cone has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Y Combinator.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage startups are accelerated via funding and educational programs. | – | ycombinator.com | Mountain View, United States |
Investor details for Cone
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Cone Software Private Limited (Cone)
Cone Software Private Limited is the primary company behind Cone. The board of Cone Software Private Limited currently have 3 directors; the longest-serving is Mohammad Owaiz Shaik, appointed in 2022. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Mohammad Owaiz Shaik DIN 09677749 | Director | 19 Jul 2022 | 4 yrs 2 mo | Cone Software Private Limited |
| Jahangir Mohammed DIN 06654556 | Director | 08 Jun 2023 | 3 yrs 4 mo | Cone Software Private Limited |
| Lingannagari Bharath Kumar Reddy DIN 06667855 | Director | 08 Jun 2023 | 3 yrs 4 mo | Cone Software Private Limited |
Financials of Cone
Figures of Cone Software Private Limited, the primary company behind Cone, for FY 2024. Revenue was ₹5.87 Cr (+46% year on year). Net profit was ₹31.2 Lakh (5% margin). EBITDA was ₹42.6 Lakh (7% margin).
- ₹5.87 CrRevenue · FY 2024 · +46% YoY
- ₹31.2 LakhNet profit · 5% margin
- ₹42.6 LakhEBITDA · 7% margin
- ₹1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Cone Software Private Limited are on its company page.
Detailed financial statements for Cone
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Cone
3 dated milestones of Cone across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Cone is founded.
- Funding First funding round of $125K.
- Funding Latest funding round, Seed, of $1.7M.
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.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| contabilizei.com.br | 2013 | Curitiba, Brazil | $94.6M | – | Online accounting and tax services are provided for small businesses. | |
| fastspring.com | 2005 | Santa Barbara, United States | – | 94 | Cloud-based subscription management and tax collection solutions are provided. | |
| sleek.com | 2017 | Singapore | $41M | – | Platform offering business incorporation solution | |
| conseroglobal.com | 2006 | Austin, United States | $55M | 12 | Online financial management and accounting services are offered to businesses. | |
| fincent.com | 2020 | Fremont, United States | $6M | 64 | Online bookkeeping and tax filing are provided for small businesses. | |
| finaloop.com | 2018 | Tustin, United States | $35M | – | Online tax and bookkeeping services for businesses | |
| getbasis.ai | 2023 | New York, United States | $37.6M | – | AI-based assistance for accounting and tax management is provided. | |
| pilot.com | 2017 | San Francisco, United States | $221.94M | 285 | Bookkeeping services are provided for small and medium-sized businesses. | |
| truewind.ai | 2022 | San Francisco, United States | $16M | – | AI-based software is utilized for bookkeeping and finance solutions. | |
| indinero.com | 2009 | San Francisco, United States | $12.82M | 53 | Financial Management Software with Services for SMBs |
Detailed competitors of Cone
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Cone
The website of Cone (getcone.io) receives about 54.2K visits a month and ranks #718,746 among all websites worldwide, #1,536 in Online Marketing.
- Monthly visits54.2K
▲ 26.3% vs previous month
- Unique visitors17.3K
per month
- Global rank#718,746
among all websites
- Category rank#1,536
Business and Consumer Services · Online Marketing
- Bounce rate40%
- Pages per visit2.2
- Average visit46 sec
- DevicesDesktop 40% · Mobile 60%
Websites whose visitors overlap most with Cone. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
relevance.digital | relevance.digital | 100% | – | #2,183,728 | – |
| revv.so | 98% | 25.1K | #1,362,876 | View details | |
| articlesbase.com | 92% | 33.1K | #906,680 | View details | |
| thecontentpanel.com | 88% | – | #2,498,817 | View details | |
| broadplace.com | 88% | 680.7K | #3,563,819 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Cone
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Similar companies to Cone
10 companies that operate in the same segment as Cone (Banking & FinTech Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online business banking and financial workflow tools are provided. | 2010 | San Francisco, California, United States | USD 546 M | – | – | |
Tide is recognized as a digital banking platform for businesses. | 2015 | London, England, United Kingdom | USD 221.42 M | – | – | |
Digital banking services are offered to individuals via mobile apps. | 2012 | San Francisco, California, United States | USD 3.16 B | USD 1.96 B | 1,440 | |
Banking solutions are provided for retail customers and businesses. | 2015 | London, England, United Kingdom | USD 1.99 B | – | – | |
Internet first bank for individuals and businesses | 2015 | London, England, United Kingdom | USD 1.9 B | – | – | |
Digital sustainable banking services are offered to consumers. | 2013 | Los Angeles, California, United States | USD 865 M | – | 237 | |
Digital banking services are offered to consumers and businesses. | 2014 | London, England, United Kingdom | USD 1.06 B | USD 813.42 M | 3,231 | |
Payment and banking solutions are provided to users and banks. | 2015 | San Ramon, California, United States | USD 390 M | USD 532.2 K | 3 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.16 B | – | 1 | |
Digital banking services are provided for individuals and businesses. | 2014 | Blyth, United Kingdom | USD 852.48 M | – | – |
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Frequently Asked Questions about Cone
Cone was founded in 2022.
Cone is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
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 2022.
Cone has 1 employees.
The primary company behind Cone, Cone Software Private Limited, reported revenue of ₹5.87 Cr for FY 2024, up 46% year on year.
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.
Cone's top competitors include Contabilizei, Pilot and Finaloop.
Cone offers Cone Propose and Cone Practice.
Cone has 1 investor. Key investors include Y Combinator.
Cone operates through Cone Software Private Limited.
The legal entities of Cone currently have 3 directors, including Jahangir Mohammed, Mohammad Owaiz Shaik, Lingannagari Bharath Kumar Reddy.