Coretree

Hyderabad, India Founded: 2011 • Age: 15 yrs
Online platform for insurance claims support solutions for individuals
Annual revenue $483,049 Latest available
Total funding $25,000 1 rounds
Employees 3 Tracked headcount
Investors - Known backers
Products - Services tracked
Competitors 11 Brand Intelligence

About Coretree

Coretree is a company based in Hyderabad (India) founded in 2011. Coretree has raised $25 thousand across 1 funding round. The company has 3 employees as of April 07, 2024. Coretree operates in a competitive market with competitors including ClaimSorted, WealthStatus, Anipos, Personable Insurance and Ilmiobrokerassicurativo, among others.

  • Headquarter Hyderabad, India
  • Employees 3 as on 07 Apr, 2024
  • Sectors
    Financial Services
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Centcart Money Services Private Limited
  • Date of Incorporation 10 Dec, 2015
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $483.05 K (USD)
    364.28
    as on Mar 31, 2018
  • Net Profit
    -$186.48 K (USD)
    -477.43
    as on Mar 31, 2018
  • EBITDA
    -$171.49 K (USD)
    -669.42
    as on Mar 31, 2018
  • Total Equity Funding
    $25 K (USD)

    in 1 rounds

  • Latest Funding Round
    $25 K (USD), Seed

    Jan 08, 2013

  • Investors
    Not available
  • Employee Count
    3

    as on Apr 07, 2024

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Funding Insights of Coretree

Coretree has successfully raised a total of $25K through 1 strategic funding round. The most recent funding activity was a Seed round of $25 thousand completed in January 2013. 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.

Investments & Acquisitions by Coretree

Investments
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Investment portfolio details for Coretree

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Financial Statements - Coretree

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Detailed financials for Coretree

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Coretree Comparisons

Coretree Primary company
Description
Online platform for insurance claims support solutions for i...
Location
Hyderabad, India
Founded Year
2011
Annual Revenue
$483.05 K (USD)
Net Profit
-$186.48 K (USD)
EBITDA
-$171.49 K (USD)
Employees
3
As of 2024
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Peer comparison for Coretree

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Competitors of Coretree

Coretree 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 ClaimSorted, WealthStatus, Anipos, Personable Insurance and Ilmiobrokerassicurativo, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Insurance claims processing is handled via AI-driven solutions.
Locked Locked Locked
Unclaimed funds are recovered via an app-based platform.
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Pet insurance claims are facilitated online through photo submissions.
Locked Locked Locked
Operations and insurance claims administration solutions
Locked Locked Locked
Platform providing digital insurance solutions and risk management services
Locked Locked Locked
Offers a cloud-based platform for managing commercial insurance claims efficiently.
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Detailed competitors of Coretree

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Latest news on Coretree

Essel Finance acquires Bimadirect operator
Economictimes8 years ago
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Complete news archive for Coretree

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Frequently Asked Questions about Coretree

Coretree was founded in 2011 and raised its 1st funding round 2 years after it was founded.

Coretree is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.

Brijesh Parnami is the current CEO of Coretree.

Coretree is a funded company, having raised a total of $25K across 1 funding round to date.

As of Apr 07, 2024, the latest employee count at Coretree is 3.

Annual revenue of Coretree is $483.05K as on Mar 31, 2018.

Coretree was founded in 2011 in Hyderabad, India, and operates in the insurance technology sector. An online platform is provided for claims support, including product comparison and expert advisory services. Employer-paid mandatory benefits and voluntary programs are also facilitated. Additional IT and BPO services are delivered to support these operations.

Coretree's top competitors include ClaimSorted, sureti and Renaissance Electronic Services.

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