About Grupo Cortel
Grupo Cortel is a company based in Porto Alegre (Brazil) founded in 1963.. Grupo Cortel offers products and services including Crematorium Services, Funeral Planning, and Cemetery Management. Grupo Cortel operates in a competitive market with competitors including Grupo Zelo, OSSEL ASSISTENCIA, SayGoodbye, Cemiterio Memorial Jardim da Paz and Primaveras, among others.
- Headquarter Porto Alegre, Brazil
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Sectors
Business Services
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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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Latest Funding Round
- Investors
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Products & Services of Grupo Cortel
Grupo Cortel offers a comprehensive portfolio of products and services, including Crematorium Services, Funeral Planning, and Cemetery Management. 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.
Provides cremation and memorial facilities for families.
Offers plans for future burials and family protection.
Manages cemetery sites for interment and tributes.
Funding Insights of Grupo Cortel
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Mar, 2018 | Amount | Private Equity Round - Grupo Cortel | Valuation |
investors |
| 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 |
Investors in Grupo Cortel
Grupo Cortel has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Zion Capital. 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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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Grupo Cortel
| 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 - Grupo Cortel
| 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 |
Grupo Cortel Comparisons
Competitors of Grupo Cortel
Grupo Cortel 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 Grupo Zelo, OSSEL ASSISTENCIA, SayGoodbye, Cemiterio Memorial Jardim da Paz and Primaveras, 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 |
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| domain | founded_year | HQ Location |
Funeral services are provided by Grupo Zelo in Brazil.
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| domain | founded_year | HQ Location |
Offers funeral assistance plans and online services in São Paulo regions.
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Personalized messages and videos are scheduled for delivery upon demise.
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| domain | founded_year | HQ Location |
Funeral and cemetery services are offered in Sao Carlos, Brazil.
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| domain | founded_year | HQ Location |
Funeral services for burials, cremations, and family support in Guarulhos, Brazil.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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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 Grupo Cortel
When was Grupo Cortel founded?
Grupo Cortel was founded in 1963 and raised its 1st funding round 55 years after it was founded.
Where is Grupo Cortel located?
Grupo Cortel is headquartered in Porto Alegre, Brazil. It is registered at Porto Alegre, Rio Grande Do Sul, Brazil.
Who is the current CEO of Grupo Cortel?
Rafael Azevedo is the current CEO of Grupo Cortel.
What does Grupo Cortel do?
Grupo Cortel was founded in 1963 in Porto Alegre, Brazil, where operations in the funeral services sector are maintained. Cremation and comprehensive funeral arrangements are handled by the company for clients in the region. End-of-life support is delivered through established facilities. Leadership is provided by CEO Rafael Azevedo, with the domain cortel.com.br used for online presence.
Who are the top competitors of Grupo Cortel?
Grupo Cortel's top competitors include Grupo Zelo, SayGoodbye and Cemiterio Memorial Jardim da Paz.
What products or services does Grupo Cortel offer?
Grupo Cortel offers Crematorium Services, Funeral Planning, and Cemetery Management.
Who are Grupo Cortel's investors?
Grupo Cortel has 1 investor. Key investors include Zion Capital.