About Corti
Corti is a company based in Copenhagen (Denmark) founded in 2014 by Lars Maaløe, Anders Friis, Andreas Cleve Lohmann, and Michael Reibel Boesen.. Corti has raised $93 million across 8 funding rounds from investors including Eurazeo, Prosus and European Commission. The company has 53 employees as of November 30, 2024. Corti offers products and services including Corti Assistant, API, and Foundation Models. Corti operates in a competitive market with competitors including Zimmer Biomet, CipherHealth, Suki, ConnectiveRx and ixLayer, among others.
- Headquarter Copenhagen, Denmark
- Employees 53 as on 30 Nov, 2024
- Founders Lars Maaløe, Anders Friis, Andreas Cleve Lohmann, Michael Reibel Boesen
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Sectors
HealthcareTechnology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Corti Aps
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Annual Revenue
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Net Profit
$-2.39 M (USD)-19as on Jul 01, 2021
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EBITDA
$-3.2 M (USD)-18as on Jul 01, 2021
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Total Equity Funding
$93 M (USD)
in 8 rounds
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Latest Funding Round
$60 M (USD), Series B
Sep 20, 2023
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Investors
Eurazeo
& 13 more
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Employee Count
53
as on Nov 30, 2024
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Products & Services of Corti
Corti offers a comprehensive portfolio of products and services, including Corti Assistant, API, and Foundation Models. 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.
AI assistant for enhancing healthcare workflows and patient interactions.
Platform for integrating AI models into healthcare applications and services.
Pre-built models for understanding medical data and improving patient care.
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Funding Insights of Corti
Corti has successfully raised a total of $93M across 8 strategic funding rounds. The most recent funding activity was a Series B round of $60 million completed in September 2023. 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 Funding
- Total Rounds 8
- Last Round Series B — $60.0M
- First Round First Round
- Investors Count 14
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2023 | Amount | Series B - Corti | Valuation | Prosus , Atomico | |
| Aug, 2021 | Amount | Series A - Corti | Valuation | Vaekstfonden , Chr. Augustinus Fabrikker | |
| Jun, 2020 | Amount | Grant - Corti | Valuation |
investors |
| 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 Corti
Corti has secured backing from 14 investors, including venture fund and institutional investors. Prominent investors backing the company include Eurazeo, Prosus and European Commission. 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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Tech companies are invested in by this venture capital firm.
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Founded Year | Domain | Location | |
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Tech-based companies are invested in by Atomico venture capital fund.
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Founded Year | Domain | Location | |
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Private equity and debt investments are managed across multiple sectors.
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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 Corti
| 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 |
Financial Statements - Corti
| 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 |
Corti Comparisons
Competitors of Corti
Corti 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 Zimmer Biomet, CipherHealth, Suki, ConnectiveRx and ixLayer, 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 |
Medical devices for multiple health purposes are manufactured.
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| domain | founded_year | HQ Location |
SaaS based tools for patient engagement
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| domain | founded_year | HQ Location |
AI-backed voice solutions for medical documentation are provided.
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| domain | founded_year | HQ Location |
Provider of patient engagement and prior authorization solutions
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| domain | founded_year | HQ Location |
Provider of cloud-based solution for precision and population health testing
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| domain | founded_year | HQ Location |
An AI-based conversational platform is provided for healthcare task automation.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Corti
Frequently Asked Questions about Corti
When was Corti founded?
Corti was founded in 2014 and raised its 1st funding round 2 years after it was founded.
Where is Corti located?
Corti is headquartered in Copenhagen, Denmark.
Who is the current CEO of Corti?
Andreas Cleve Lohmann is the current CEO of Corti. They have also founded this company.
Is Corti a funded company?
Corti is a funded company, having raised a total of $93M across 8 funding rounds to date.
How many employees does Corti have?
As of Nov 30, 2024, the latest employee count at Corti is 53.
What does Corti do?
Corti was founded in 2014 in Copenhagen, Denmark, focusing on AI-driven healthcare solutions for emergency services. Speech-based natural language processing is employed to assist medical dispatchers in deriving semantic insights from conversations and identifying vocal patterns for condition diagnosis. Audia, a digital assistant, is provided for speech analysis, medical consultations, and clinical workflows in the emergency sector.
Who are the top competitors of Corti?
Corti's top competitors include Hyro, Suki and CipherHealth.
What products or services does Corti offer?
Corti offers Corti Assistant, API, and Foundation Models.
Who are Corti's investors?
Corti has 14 investors. Key investors include Eurazeo, Prosus, European Commission, EIT Health, and Idinvest Partners.
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