Cortexica

London, United Kingdom Acquired By Zebra
Visual search and image recognition technology for the retail fashion
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About Cortexica

Cortexica is a company based in London (United Kingdom) was acquired by Zebra in November 2019.. Cortexica has raised $8.52 million across 4 funding rounds from investors including Zebra, Imperial Innovations and Touchstone Innovations. The company has 37 employees as of December 31, 2019. Cortexica operates in a competitive market with competitors including Syte, nyris, JustVisual, ViSenze and ImageVision, among others.

  • Headquarter London, United Kingdom
  • Employees 37 as on 31 Dec, 2019
  • Sectors
    Retail
    Industrial Goods & Manufacturing Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Cortexica Vision Systems Limited
Operational Areas
Retail → Fashion & Retail Innovation
Industrial Goods & Manufacturing → Security, Surveillance & Safety Systems
Retail → E-Commerce Technology & Services
Technology → Artificial Intelligence & Machine Learning
Key Metrics
  • Annual Revenue
    $587.08 K
    104
    as on Dec 31, 2016
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $8.52 M (USD)

    in 4 rounds

  • Latest Funding Round
    $2.5 M (USD), Series A

    Apr 04, 2017

  • Investors
    Zebra

    & 2 more

  • Employee Count
    37

    as on Dec 31, 2019

  • Acquired by
    Zebra

    (Nov 05, 2019)

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Funding Insights of Cortexica

Cortexica has successfully raised a total of $8.52M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $2.5 million completed in April 2017. 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 Rounds 4
  • Last Round Series A — $2.5M
  • First Round
  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Apr, 2017 Amount Series A - Cortexica Valuation

investors

Mar, 2015 Amount Series A - Cortexica Valuation

investors

Jun, 2014 Amount Series A - Cortexica Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Cortexica

Cortexica has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Zebra, Imperial Innovations and Touchstone Innovations. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Investments in startups are focused on Europe and the US.
Founded Year Domain Location
Creates, builds and invests in pioneering technology companies spun-out from Univs Cambridge, Oxford, and UCL
Founded Year Domain Location
Zebra Technologies is recognized for providing intelligent operation solutions globally.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Cortexica

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Cortexica

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Cortexica Comparisons

Employees
+
Add Comparison
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Competitors of Cortexica

Cortexica 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 Syte, nyris, JustVisual, ViSenze and ImageVision, 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
domain founded_year HQ Location
Visual search platform for e-commerce is provided using image recognition.
domain founded_year HQ Location
AI-based software for object and image recognition is provided.
domain founded_year HQ Location
Provides advanced visual search and image recognition API solutions for businesses.
domain founded_year HQ Location
AI-based visual search and recognition tools are provided for e-tailers.
domain founded_year HQ Location
Imaging and computer vision solutions are offered for various applications.
domain founded_year HQ Location
Visual recognition technology for MRO parts identification is offered.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Cortexica

Frequently Asked Questions about Cortexica

Where is Cortexica located?

Cortexica is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

Is Cortexica a funded company?

Cortexica is a funded company, having raised a total of $8.52M across 4 funding rounds to date. The company's 1st funding round was a Series A of $2.52M, raised on Feb 20, 2009.

How many employees does Cortexica have?

As of Dec 31, 2019, the latest employee count at Cortexica is 37.

What is the annual revenue of Cortexica?

Annual revenue of Cortexica is $587.08K as on Dec 31, 2016.

What does Cortexica do?

Visual search and image recognition technology for the retail fashion. The platform enables retailers and brand owners to leverage its technology, to enable their customers to start their individual searches for clothing or accessories by taking a picture. The company has three products Its FindSimilar searches for the product and finds similar products findSimilar Fashion takes a picture of a fashion item and finds similar products within an existing database; and its findSimila Shoes recognises shape, as well as colour, pattern and distinctive marks.

Who are the top competitors of Cortexica?

Cortexica's top competitors include nyris, Syte and Wizzy.

Who are Cortexica's investors?

Cortexica has 3 investors. Key investors include Zebra, Imperial Innovations, and Touchstone Innovations.

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