Corvil

New York, United States Founded: 2000 • Age: 26 yrs Acquired By Pico
Risk management platofrm for financial industries
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About Corvil

Corvil is a company based in New York (United States) founded in 2000 was acquired by Pico in July 2019.. Corvil has raised $41.98 million across 3 funding rounds from investors including Pico, Apax Partners and Cisco Investments. The company has 18 employees as of December 31, 2022. Corvil offers products and services including Corvil Analytics, Redline Software, and Market Data Services. Corvil operates in a competitive market with competitors including Splunk, Sedgwick, Encompass, InfluxData and Moody's Analytics, among others.

  • Headquarter New York, United States
  • Employees 18 as on 31 Dec, 2022
  • Sectors
    Financial Services
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Corvil Inc
Operational Areas
Financial Services → FinTech & Digital Finance
Technology → Enterprise IT Services & Distribution
Technology → Marketing, Adtech & Commerce Technology
Technology → Enterprise Software & Productivity Solutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $41.98 M (USD)

    in 3 rounds

  • Latest Funding Round
    $12 M (USD), Series C

    Jul 10, 2008

  • Investors
    Pico

    & 4 more

  • Employee Count
    18

    as on Dec 31, 2022

  • Acquired by
    Pico

    (Jul 09, 2019)

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Products & Services of Corvil

Corvil offers a comprehensive portfolio of products and services, including Corvil Analytics, Redline Software, and Market Data 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.

Primary

Offers real-time trading and network analytics for financial operations

Provides ultra-low latency market data and order execution tools

Delivers raw and normalized market data for global assets

People of Corvil
Headcount 200-500
Employee Profiles 68
Employee Profiles
People
Seetharam Gorre
Chief Information Officer
People
Eric Harkness
CFO & COO
People
Stacie Swanstrom
Chief Product & Marketing Officer
People
Lauren Goldberg
General Counsel & Chief Administrative Officer

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Funding Insights of Corvil

Corvil has successfully raised a total of $41.98M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $12 million completed in July 2008. 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 3
  • Last Round Series C — $12.0M
  • First Round

    (28 Mar 2003)

  • Investors Count 4
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2008 Amount Series C - Corvil Valuation Apax , Vesbridge Partners
Feb, 2005 Amount Series C - Corvil Valuation Apax , Cisco Investments
Mar, 2003 Amount Series A - Corvil Valuation Cisco Investments , Apax
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 Corvil

Corvil has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Pico, Apax Partners and Cisco Investments. 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
Equity investments are focused on tech, services, and consumer sectors.
Founded Year Domain Location
-
Founded Year Domain Location
Early-stage venture capital funding is provided to innovative companies.
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 Corvil

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 - Corvil

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

Corvil Comparisons

Employees
+
Add Comparison
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Competitors of Corvil

Corvil 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 Splunk, Sedgwick, Encompass, InfluxData and Moody's Analytics, 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
Cloud based platform offering IT operational data and security analytics software
domain founded_year HQ Location
Claims administration, loss adjusting, and benefits management services are provided.
domain founded_year HQ Location
Corporate Digital Identity and KYC solutions are provided by Encompass.
domain founded_year HQ Location
Cloud-based open-source platforms for IT operations analytics are provided.
domain founded_year HQ Location
Risk management software is supplied for insurance and various sectors.
domain founded_year HQ Location
Platform offering insurance risk management solutions
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 Corvil

Pico Acquires Corvil
Apmdigest5 years ago
Corvil Acquired By US Fintech Firm Pico
Bizplus6 years ago

Frequently Asked Questions about Corvil

When was Corvil founded?

Corvil was founded in 2000 and raised its 1st funding round 3 years after it was founded.

Where is Corvil located?

Corvil is headquartered in New York, United States. It is registered at New York, New York, United States.

Is Corvil a funded company?

Corvil is a funded company, having raised a total of $41.98M across 3 funding rounds to date. The company's 1st funding round was a Series A of $10.7M, raised on Mar 28, 2003.

How many employees does Corvil have?

As of Dec 31, 2022, the latest employee count at Corvil is 18.

What does Corvil do?

Corvil was founded in 2000 and is headquartered in New York, United States. A platform for risk management in the financial sector is operated, where real-time operational intelligence is derived from wire data. Performance of IT applications and services is evaluated, and events within the data are identified and notified to support business intelligence and risk assessment processes.

Who are the top competitors of Corvil?

Corvil's top competitors include Splunk, Sedgwick and Encompass.

What products or services does Corvil offer?

Corvil offers Corvil Analytics, Redline Software, and Market Data Services.

Who are Corvil's investors?

Corvil has 5 investors. Key investors include Pico, Apax Partners, Cisco Investments, Vesbridge Partners, and Act Venture Capital.

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