About Kortext
Kortext is a company based in Bournemouth (United Kingdom) founded in 2012 by James Gray.. Kortext has raised $33.29 million across 5 funding rounds from investors including HSBC, DMG Ventures and QVentures. The company has 44 employees as of March 31, 2020. Kortext operates in a competitive market with competitors including Perlego and NeoBookify, among others.
- Headquarter Bournemouth, United Kingdom
- Employees 44 as on 31 Mar, 2020
- Founders James Gray
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Sectors
Education
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Kortext Limited
- Date of Incorporation 19 Jul, 2013
- Jurisdiction BOURNEMOUTH, DORSET, ENGLAND
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$33.29 M (USD)
in 5 rounds
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Latest Funding Round
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Investors
HSBC
& 3 more
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Employee Count
44
as on Mar 31, 2020
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Funding Insights of Kortext
Kortext has successfully raised a total of $33.29M across 5 strategic funding rounds. 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 5
- Last Round Last Round
- First Round First Round
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2023 | Amount | Debt – Conventional - Kortext | Valuation |
investors |
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| Jun, 2021 | Amount | Series B - Kortext | Valuation | DMG Ventures |
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| Mar, 2021 | Amount | Series A - Kortext | Valuation | DMG Ventures |
| 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 Kortext
Kortext has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include HSBC, DMG Ventures and QVentures. 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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Early-stage startups are invested in by sector-agnostic DMG Ventures.
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Founded Year | Domain | Location | |
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Early-stage companies are invested in by QVentures venture capital fund.
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Founded Year | Domain | Location | |
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Committed Capital is engaged in venture capital investments and corporate finance advisory for high-growth technology companies in the UK.
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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 Kortext
| 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 - Kortext
| 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 |
Kortext Comparisons
Competitors of Kortext
Kortext 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 Perlego and NeoBookify, 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 |
Educational resources including e-books are provided to university students.
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| domain | founded_year | HQ Location |
Online platform for purchasing and downloading digital educational eBooks worldwide.
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| 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 Kortext
Frequently Asked Questions about Kortext
When was Kortext founded?
Kortext was founded in 2012 and raised its 1st funding round 5 years after it was founded.
Where is Kortext located?
Kortext is headquartered in Bournemouth, United Kingdom. It is registered at Bournemouth, England, United Kingdom.
Who is the current CEO of Kortext?
James Gray is the current CEO of Kortext. They have also founded this company.
Is Kortext a funded company?
Kortext is a funded company, having raised a total of $33.29M across 5 funding rounds to date. The company's 1st funding round was a Series A of $12.42M, raised on Feb 13, 2017.
How many employees does Kortext have?
As of Mar 31, 2020, the latest employee count at Kortext is 44.
What does Kortext do?
Kortext was founded in 2012 in Bournemouth, United Kingdom, as a digital content platform in the education technology sector. Textbooks from publishers such as Elsevier, Pearson, and Wiley are offered for university course adoption, with options for online reading or downloading. Features including search, highlighting, note-taking, sharing, and printing are supported, alongside a mobile app for Android and iOS devices.
Who are the top competitors of Kortext?
Kortext's top competitors include Perlego and NeoBookify.
Who are Kortext's investors?
Kortext has 4 investors. Key investors include HSBC, DMG Ventures, QVentures, and Committed Capital.