About Cormate
Cormate is a company based in Torp (Norway) founded in 1985. It operates as a Direct-to-Consumer (D2C). Cormate has completed 1 acquisition, including Ryds. Cormate offers products and services including Chase 32, Utility 27, and Super Utility 23.
- Headquarter Torp, Norway
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Sectors
Aerospace, Defense & Maritime
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of Cormate
Cormate offers a comprehensive portfolio of products and services, including Chase 32, Utility 27, and Super Utility 23. 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.
A high-performance daycruiser boat is offered by Cormate.
A versatile utility boat is provided for various uses.
A compact super utility boat is designed for efficiency.
Funding Insights of Cormate
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Cormate
Cormate has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Ryds. 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
|
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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Boats are designed and manufactured by Ryds in Sweden.
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1946 |
| 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
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Cormate
| 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 |
Cormate Comparisons
Competitors of Cormate
| 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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Frequently Asked Questions about Cormate
When was Cormate founded?
Cormate was founded in 1985.
Where is Cormate located?
Cormate is headquartered in Torp, Norway. It is registered at Torp, Vestfold Og Telemark, Norway.
What does Cormate do?
Cormate, founded in 1985, is involved in the design and production of high-performance daycruisers and utility boats. The company operates within the marine sector, offering a range of inboard and outboard models such as Chase 32, Utility 27, and Super Utility 23. Solutions are developed to withstand rough sea conditions and high speeds, drawing from extensive experience in offshore racing boat construction. Services including maintenance, upgrades, and winter storage are also provided, primarily from their base in Norway.
What products or services does Cormate offer?
Cormate offers Chase 32, Utility 27, and Super Utility 23.
How many acquisitions has Cormate made?
Cormate has made 1 acquisition, including Ryds.