About Correla
Correla is a company based in Solihull (United Kingdom) founded in 2021 was acquired by NorthEdge in April 2021.. The company has 495 employees as of December 31, 2021. Correla has completed 1 acquisition, including Cloud KB. Correla offers products and services including Contour, Discovery, Meridian, Waypoint, and Managed Services.
- Headquarter Solihull, United Kingdom
- Employees 495 as on 31 Dec, 2021
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Sectors
Energy & Utilities
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Correla Limited
- Date of Incorporation 04 Dec, 2020
- Jurisdiction SOLIHULL, ENGLAND
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Annual Revenue
$91.98 M (USD)0as on Dec 31, 2021
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Net Profit
$896.87 K (USD)0as on Dec 31, 2021
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EBITDA
$327.34 K (USD)0as on Dec 31, 2021
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Latest Funding Round
- Investors
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Employee Count
495
as on Dec 31, 2021
- Investments & Acquisitions
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Acquired by
NorthEdge
(Apr 06, 2021)
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Products & Services of Correla
Correla offers a comprehensive portfolio of products and services, including Contour, Discovery, Meridian, Waypoint, and Managed 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.
Platform for mapping and controlling energy data processes.
Tool for visualizing and interpreting energy industry data.
System for managing bilateral data flows in energy markets.
Platform for streamlining asset rollout and data validation.
Services for running mission-critical energy processes.
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Funding Insights of Correla
| 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 Correla
Correla has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include NorthEdge. 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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NorthEdge is recognized as a regional private equity firm.
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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 Correla
Correla has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Cloud KB. 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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Cloud-based metering management solutions are provided for operators.
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2010 |
| 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 - Correla
| 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 |
Correla Comparisons
Competitors of Correla
| 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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Latest news on Correla
Frequently Asked Questions about Correla
When was Correla founded?
Correla was founded in 2021.
Where is Correla located?
Correla is headquartered in Solihull, United Kingdom. It is registered at Solihull, West Midlands, United Kingdom.
Who is the current CEO of Correla?
Sian Jones is the current CEO of Correla.
How many employees does Correla have?
As of Dec 31, 2021, the latest employee count at Correla is 495.
What is the annual revenue of Correla?
Annual revenue of Correla is $91.98M as on Dec 31, 2021.
What does Correla do?
Correla was founded in 2021 and is based in Solihull, United Kingdom. An online platform is operated to deliver technology and data solutions tailored to the oil and gas sector. A real-time, visual, and interactive analytics dashboard is featured on the Data Discovery Platform, through which the impacts of carbon reduction programs can be monitored. Visualization of the gas market and portfolio management are also supported for users.
What products or services does Correla offer?
Correla offers Contour, Discovery, Meridian, Waypoint, and Managed Services.
How many acquisitions has Correla made?
Correla has made 1 acquisition, including Cloud KB.
Who are Correla's investors?
Correla has 1 investor. Key investors include NorthEdge.