About CordProject
CordProject is a company based in Brooklyn (United States) founded in 2014 was acquired by Spotify in January 2016. It operates as a SaaS (Software-as-a-Service). CordProject has raised $1.8 million across 1 funding round from investors including Spotify, Lerer Hippeau and Google Ventures. CordProject offers products and services including Cord. CordProject operates in a competitive market with competitors including Slide2Talk, Hello Yo, Snapvine, SayNow and Toymail, among others.
- Headquarter Brooklyn, United States
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Sectors
Telecommunications
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Phone
*********
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Website
*********
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Social
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- Legal Name Cord Project Inc.
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Products & Services of CordProject
CordProject offers a comprehensive portfolio of products and services, including Cord. 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.
Cord is developed for audio interaction and communication.
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Funding Insights of CordProject
CordProject has successfully raised a total of $1.8M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.8 million completed in September 2014. 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 1
- Last Round Seed — $1.8M
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First Round
First Round
(04 Sep 2014)
- Investors Count 16
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2014 | Amount | Seed - CordProject | Valuation | Lerer Hippeau , Compound |
| 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 CordProject
CordProject has secured backing from 17 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Spotify, Lerer Hippeau and Google Ventures. 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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USA focused VC firm investing in seed and early stage startups
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Founded Year | Domain | Location | |
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Corporate backed venture capital fund investing in multiple sectors
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Founded Year | Domain | Location | |
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Multiple sectors are targeted for venture capital investments by Greycroft.
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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 CordProject
| 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 - CordProject
| 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 |
Cordproject Comparisons
Competitors of CordProject
CordProject 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 Slide2Talk, Hello Yo, Snapvine, SayNow and Toymail, 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 |
Android app for walkie-talkie voice messaging via WiFi and Internet networks.
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| domain | founded_year | HQ Location |
Operates a social networking platform for audio chats with friends.
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| domain | founded_year | HQ Location |
Offers a mobile app for streamlined voicemail management.
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| domain | founded_year | HQ Location |
Service connecting celebrities and fans through mobile
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| domain | founded_year | HQ Location |
A voice messaging app designed to connect parents with their kids securely.
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| domain | founded_year | HQ Location |
Free app for live voice chatting, messaging, and global communication.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Latest news on Cordproject
Frequently Asked Questions about CordProject
When was CordProject founded?
CordProject was founded in 2014.
Where is CordProject located?
CordProject is headquartered in Brooklyn, United States. It is registered at Brooklyn, New York, United States.
Is CordProject a funded company?
CordProject is a funded company, having raised a total of $1.8M across 1 funding round to date. The company's 1st funding round was a Seed of $1.8M, raised on Sep 04, 2014.
What does CordProject do?
CordProject is engaged in developing audio communication tools. The company is dedicated to exploring innovative ways audio interaction can be enhanced. Solutions are provided to facilitate seamless communication through their primary product, Cord. Their work spans the technology sector, specifically targeting software for communication purposes. Recently, CordProject has been acquired by Spotify to form a new group focused on audio interaction advancements.
Who are the top competitors of CordProject?
What products or services does CordProject offer?
CordProject offers Cord.
Who are CordProject's investors?
CordProject has 17 investors. Key investors include Spotify, Lerer Hippeau, Google Ventures, Greycroft, and Slow Ventures.
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