About Core Associates
Core Associates is a company based in Jupiter (United States) founded in 2007 by Bernard Ross and Frank Grenci was acquired by AvidXchange in January 2021.. The company has 24 employees as of December 31, 2021. Core Associates offers products and services including Purchase Automation, Invoice Automation, and Payment Automation. Core Associates operates in a competitive market with competitors including Superlogica, TEAM Software, Xpedeon, Foundation Software and eSUB, among others.
- Headquarter Jupiter, United States
- Employees 24 as on 31 Dec, 2021
- Founders Bernard Ross, Frank Grenci
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Sectors
TechnologyReal Estate & Construction
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Core Associates Llc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
24
as on Dec 31, 2021
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Acquired by
AvidXchange
(Jan 04, 2021)
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Products & Services of Core Associates
Core Associates offers a comprehensive portfolio of products and services, including Purchase Automation, Invoice Automation, and Payment Automation. 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.
Automates purchase order processes to enhance business efficiency.
Streamlines invoice management and processing for financial accuracy.
Facilitates secure and automated payment handling for transactions.
Funding Insights of Core Associates
| 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 Core Associates
Core Associates has secured backing from 1 investor. Prominent investors backing the company include AvidXchange. 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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Accounts payable and payment automation solutions are offered for businesses.
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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 Core Associates
| 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 - Core Associates
| 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 |
Core Associates Comparisons
Competitors of Core Associates
Core Associates 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 Superlogica, TEAM Software, Xpedeon, Foundation Software and eSUB, 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 |
Cloud-based enterprise resource planning software provider for rental businesses
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| domain | founded_year | HQ Location |
Cloud-based ERP and workforce management software is offered for contractors.
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| domain | founded_year | HQ Location |
SaaS ERP solutions are delivered for engineering and construction sectors.
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| domain | founded_year | HQ Location |
Construction accounting software is offered on-premise and in the cloud.
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| domain | founded_year | HQ Location |
Cloud-based construction management suite solutions
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| domain | founded_year | HQ Location |
Cloud-based ERP software is offered for construction management.
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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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Latest news on Core Associates
Frequently Asked Questions about Core Associates
When was Core Associates founded?
Core Associates was founded in 2007.
Where is Core Associates located?
Core Associates is headquartered in Jupiter, United States. It is registered at Jupiter, Florida, United States.
Who is the current CEO of Core Associates?
Frank Grenci is the current CEO of Core Associates. They have also founded this company.
How many employees does Core Associates have?
As of Dec 31, 2021, the latest employee count at Core Associates is 24.
What does Core Associates do?
Core Associates was founded in 2007 and is headquartered in Jupiter, United States. Operations focus on the construction sector through cloud-based ERP software. Key functionalities include accounts payable handling, approval workflows, content and inventory management, payroll processing, document routing, and advanced reporting. The platform supports professional workflows in a digital environment.
Who are the top competitors of Core Associates?
Core Associates's top competitors include Foundation Software, Xpedeon and Superlogica.
What products or services does Core Associates offer?
Core Associates offers Purchase Automation, Invoice Automation, and Payment Automation.
Who are Core Associates's investors?
Core Associates has 1 investor. Key investors include AvidXchange.
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