About Corecon
Corecon is a Technology company based in Huntington Beach (United States) founded in 1999, and was acquired by Sage Group in May 2023. Cloud-based construction project management software is offered by Corecon. It operates in the Technology and Real Estate & Construction sectors. The company has 6 employees. Its Indian entity Corecon Technologies India Private Limited reported revenue of ₹1.20 Cr. Its focus areas include Enterprise Applications, Enterprise Resource Planning, Construction & Real Estate and Construction Management. Its competitors include Procore, Hover and BuilderTREND; 2 of its 3 listed competitors have raised funding.
Company details
Corecon Technologies was founded in 1999 and is based in Huntington Beach, United States. Cloud-based software for construction project management is provided, with features encompassing estimating, job cost control, scheduling, and collaboration tools. Integration with accounting systems such as Intuit QuickBooks and SAP Business One is supported, enabling streamlined operations in the construction sector.
- Headquarters Huntington Beach, United States
- Employees 6
- Stage Acquired
- SectorsTechnologyReal Estate & Construction
- Email••••••••
- Phone•••• ••••
- Website corecon.com
- Social LinkedIn X Facebook
- Acquired by Sage Group (May 2023)
- Legal Name Corecon Technologies India Private Limited
- Date of Incorporation 06 Dec, 2018
- Jurisdiction Mohali, Punjab, India
- Indian entity revenue₹1.20 Cr
FY 2021 · -4% YoY
- Indian entity net profit₹6.9 Lakh
FY 2021 · 6% margin
- Indian entity EBITDA₹10.7 Lakh
FY 2021 · 9% margin
- Investors
- Employee Count6
- Acquired bySage Group
(May 2023)
Associated legal entities of Corecon
Corecon operates through Corecon Technologies India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2021) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Corecon Technologies India Private Limited CIN U74999PB2018FTC062924 | Active | 06 Dec 2018 | Mohali, Punjab | ₹1.2 Cr | 6 | 5 | View details |
Investors in Corecon
Corecon has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Sage Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Cloud-based accounting and payroll solutions for small and medium businesses | 1981 | sage.com | United States |
Investor details for Corecon
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Board of directors of Corecon Technologies India Private Limited (Corecon)
Corecon Technologies India Private Limited is the primary company behind Corecon. The board of Corecon Technologies India Private Limited currently have 5 directors; the longest-serving is Ram Balak Sharma, appointed in 2018. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ram Balak Sharma DIN 08296689 | Director | 06 Dec 2018 | 7 yrs 11 mo | Corecon Technologies India Private Limited |
| Shyam Sunder DIN 08296690 | Director | 06 Dec 2018 | 7 yrs 11 mo | Corecon Technologies India Private Limited |
| Maulik Ullas Oza DIN 08314234 | Director | 28 Dec 2018 | 7 yrs 10 mo | Corecon Technologies India Private Limited |
| Ditmir Xhaferi DIN 10140713 | Director | 05 May 2023 | 3 yrs 6 mo | Corecon Technologies India Private Limited |
| Mahesh Inderpal Garg DIN 07358102 | Director | 05 May 2023 | 3 yrs 6 mo | Corecon Technologies India Private Limited |
People of Corecon
1 people are tracked at Corecon (1 in team); the tracked headcount is 6.
| Name | Role | Group |
|---|---|---|
Norman Wendl | Owner | Team |
Complete people profiles for Corecon
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Financials of Corecon
Figures of Corecon Technologies India Private Limited, the primary company behind Corecon, for FY 2021. Revenue was ₹1.20 Cr (-4% year on year). Net profit was ₹6.9 Lakh (6% margin). EBITDA was ₹10.7 Lakh (9% margin).
- ₹1.20 CrRevenue · FY 2021 · -4% YoY
- ₹6.9 LakhNet profit · 6% margin
- ₹10.7 LakhEBITDA · 9% margin
- ₹6 LakhPaid-up capital
- 6Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Corecon Technologies India Private Limited are on its company page.
Detailed financial statements for Corecon
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Timeline of Corecon
2 dated milestones of Corecon across 24 years, from founding to its latest funding, stage changes and deals.
- Founded Corecon is founded.
- Exit Acquired by Sage Group.
Competitors of Corecon
Corecon has 3 listed competitors in our database, 2 of them funded. They include Procore, Hover and BuilderTREND.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| procore.com | 2003 | Carpinteria, United States | $406.15M | 3,164 | SaaS project management software is provided for construction professionals. | |
| hover.to | 2011 | San Francisco, United States | $142.3M | 280 | Hover is recognized for providing construction and renovation software solutions. | |
| buildertrend.com | 2006 | Omaha, United States | 653 | SaaS project management software for homebuilders is offered. |
Detailed competitors of Corecon
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Web traffic of Corecon
Websites that share an audience with Corecon (corecon.com).
Websites whose visitors overlap most with Corecon. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| softwareadvice.com | 100% | 639.2K | #107,555 | View details | |
| oncenter.com | 98% | 21.7K | #1,384,724 | View details | |
| meridiansystems.com | 94% | View details | |||
| procore.com | 35% | 11.7M | #3,487 | View details | |
| buildtools.com | 26% | View details |
Top companies in Enterprise Resource Planning
3 companies that operate in the same segment as Corecon (Enterprise Resource Planning) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based HR and financial software is delivered to enterprises. | 2005 | Pleasanton, California, United States | USD 352.3 M | USD 9.53 B | 21,000 | |
Cloud-based software for K-12 education is provided. | 1997 | Folsom, California, United States | USD 32 M | USD 47.59 M | 1,308 | |
Cloud-based ERP software is provided for automotive and manufacturing sectors. | 1972 | Austin, Texas, United States | USD 229.28 M | 834 |
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Related news about Corecon
Complete news archive for Corecon
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Frequently Asked Questions about Corecon
Corecon was founded in 1999.
Corecon is headquartered in Huntington Beach, United States. It is registered at Huntington Beach, California, United States.
Corecon has 6 employees.
The primary company behind Corecon, Corecon Technologies India Private Limited, reported revenue of ₹1.20 Cr for FY 2021, down 4% year on year.
Corecon Technologies was founded in 1999 and is based in Huntington Beach, United States. Cloud-based software for construction project management is provided, with features encompassing estimating, job cost control, scheduling, and collaboration tools. Integration with accounting systems such as Intuit QuickBooks and SAP Business One is supported, enabling streamlined operations in the construction sector.
Corecon's top competitors include Procore, Hover and BuilderTREND.
Corecon has 1 investor. Key investors include Sage Group.
Corecon operates through Corecon Technologies India Private Limited.
Yes. Corecon was acquired by Sage Group in May 2023.
The legal entities of Corecon currently have 5 directors, including Ditmir Xhaferi, Maulik Ullas Oza, Ram Balak Sharma and others.