About Core
Core is a company based in London (United Kingdom) founded in 1990. It operates as a Managed Services, and Professional Services. Core has raised $2.04 million across 1 funding round. Core has completed 3 acquisitions, including CompanyNet, Parative and Velocity IT. Core offers products and services including Managed Services, Cloud Technology, and Professional Services. Core operates in a competitive market with competitors including UST, NTT DATA, Breed Reply, Globant and 1&1 IONOS, among others.
- Headquarter London, United Kingdom
- Stage Minicorn
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Core Technology Systems
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.04 M (USD)
in 1 rounds
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Latest Funding Round
$2.04 M (USD), Unspecified
May 01, 2014
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Investors
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Employee Count
Employee Count
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Investments & Acquisitions
CompanyNet
& 2 more
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Products & Services of Core
Core offers a comprehensive portfolio of products and services, including Managed Services, Cloud Technology, and Professional Services. 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.
IT infrastructure support is provided for business efficiency.
Cloud solutions are delivered for modern workplace needs.
Custom IT strategies are aligned with business goals.
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Leadership Team
3 people
Human Resources and Administration
1 people
Finance and Accounting
1 people
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Funding Insights of Core
Core has successfully raised a total of $2.04M through 1 strategic funding round. The most recent funding activity was a Unspecified round of $2.04 million completed in May 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 Unspecified — $2.0M
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First Round
First Round
(01 May 2014)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2014 | Amount | Unspecified - Core | Valuation |
investors |
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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 |
Investments & Acquisitions by Core
Core has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include CompanyNet, Parative and Velocity IT. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Digital transformation, financial management, HR, and IT services are provided.
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2010 | ||||
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IT infrastructure migration from on-premise to cloud is facilitated.
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2003 | ||||
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Digital transformation services are provided to modernize business operations.
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1996 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Core
| 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 Comparisons
Competitors of Core
Core 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 UST, NTT DATA, Breed Reply, Globant and 1&1 IONOS, 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 |
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| domain | founded_year | HQ Location |
High-quality office furniture is provided by UST for various needs.
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| domain | founded_year | HQ Location |
Application development, cloud, cybersecurity, and business intelligence services are provided.
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| domain | founded_year | HQ Location |
AI, cloud, and blockchain services are provided globally.
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| domain | founded_year | HQ Location |
IT and digital transformation services are delivered to various industries.
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| domain | founded_year | HQ Location |
Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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| domain | founded_year | HQ Location |
Provider of end-to-end business process outsourcing services
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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
Frequently Asked Questions about Core
When was Core founded?
Core was founded in 1990 and raised its 1st funding round 24 years after it was founded.
Where is Core located?
Core is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of Core?
Conor Callanan is the current CEO of Core.
Is Core a funded company?
Core is a funded company, having raised a total of $2.04M across 1 funding round to date. The company's 1st funding round was a Unspecified of $2.04M, raised on May 01, 2014.
What does Core do?
IT solutions are offered by Core, focusing on managed services, cloud technology, and professional consulting. Various sectors including public, commercial, healthcare, and education are served. Microsoft technologies like Azure and Microsoft 365 are leveraged to enhance workplace productivity and security. Custom solutions are developed to address digital transformation needs. Support is extended to over 10,000 customers since 1990. Environmental responsibilities are acknowledged as a UK-based provider.
Who are the top competitors of Core?
Core's top competitors include Happiest Minds, 1&1 IONOS and Genpact.
What products or services does Core offer?
Core offers Managed Services, Cloud Technology, and Professional Services.
How many acquisitions has Core made?
Core has made 3 acquisitions, including CompanyNet, Parative, and Velocity IT.
What is Core's valuation?
The valuation of Core is $9.14M as of May 2014.
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