UtilizeCore

New York, United States Founded: 2020 • Age: 6 yrs
Business management solutions are provided for the construction sector.
Annual revenue $1.0M Latest available
Total funding $22.5M 3 rounds
Employees 37 Tracked headcount
Investors 8 Known backers
Products 7 Services tracked
Competitors 11 Brand Intelligence

About UtilizeCore

UtilizeCore is a company based in New York (United States) founded in 2020 by Ryan Gottfried. UtilizeCore has raised $22.51 million across 3 funding rounds from investors including FirstMark, Boldstart Ventures and Mana Ventures. The company has 37 employees as of April 08, 2024. UtilizeCore offers products and services including Service Operations, Compliance and Sourcing, Accounts Payable, Accounts Receivable, and Proposals. UtilizeCore operates in a competitive market with competitors including Procore, Nemetschek Group, Hover, Viewpoint and Powerplay, among others.

  • Headquarter New York, United States
  • Employees 37 as on 08 Apr, 2024
  • Founders Ryan Gottfried
  • Sectors
    Real Estate & Construction
    Technology
  • Email
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  • Phone
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  • Website
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  • Legal Name Utilizecore India Private Limited
  • Date of Incorporation 03 Nov, 2021
  • Jurisdiction Navi Mumbai, Maharashtra, India
Operational Areas
Real Estate & Construction → Property Technology (PropTech) Unlock Sub-Sector Unlock Segment
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $1.04 M (USD)
    937.26
    as on Mar 31, 2023
  • Net Profit
    $28.9 K (USD)
    43.84
    as on Mar 31, 2023
  • EBITDA
    $77.33 K (USD)
    153.16
    as on Mar 31, 2023
  • Total Equity Funding
    $22.51 M (USD)

    in 3 rounds

  • Latest Funding Round
    $16.7 M (USD), Series B

    May 01, 2023

  • Investors
    FirstMark

    & 7 more

  • Employee Count
    37

    as on Apr 08, 2024

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Products & Services of UtilizeCore

UtilizeCore offers a comprehensive portfolio of products and services, including Service Operations, Compliance and Sourcing, Accounts Payable, Accounts Receivable, and Proposals.

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Primary

Efficiently manage tasks and ensure seamless service delivery.

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Handle onboarding and compliance for subcontractors effectively.

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Streamline invoice processing for efficient payment handling.

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Enhance workflows for client invoicing and cash flow.

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Create and manage business proposals for deals.

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Maintain physical assets through a digital system.

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Manage entire business operations in one platform.

People of UtilizeCore

Headcount 10-50
Employee Profiles 26
Board Members and Advisors 7
Employee Profiles
People
Igall Buzilo
Head Of Implementation & Solution Engineer
People
Vinay Mahindrakar
BI & SQL Lead
People
Chandrakant Patil
Client Tech Support
People
Yogesh Lolusare
Mobility Director

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Funding Insights of UtilizeCore

UtilizeCore has successfully raised a total of $22.51M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $16.7 million completed in May 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.

Investors in UtilizeCore

UtilizeCore has secured backing from 8 investors, including venture fund and angel investors. Prominent investors backing the company include FirstMark, Boldstart Ventures and Mana Ventures.

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Venture Fund
Angel
Investor Description Founded Year Domain Location
Venture capital firm focused on crypto infra, and SaaS companies
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Early-stage venture capital is invested in tech startups across sectors.
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Investments in early-stage tech firms and consumer brands are made.
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Investor details for UtilizeCore

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  • Investor domains
  • Investor locations
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Investments & Acquisitions by UtilizeCore

Investments
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Investment portfolio details for UtilizeCore

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Financial Statements - UtilizeCore

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Detailed financials for UtilizeCore

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Utilizecore Comparisons

UtilizeCore Primary company
Description
Business management solutions are provided for the construct...
Location
New York, United States
Founded Year
2020
Annual Revenue
$1.04 M (USD)
Net Profit
$28.9 K (USD)
EBITDA
$77.33 K (USD)
Employees
37
As of 2024
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Peer comparison for UtilizeCore

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Competitors of UtilizeCore

UtilizeCore 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 Procore, Nemetschek Group, Hover, Viewpoint and Powerplay, among others.

Company Name Domain Founded year HQ Location Description
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SaaS project management software is provided for construction professionals.
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Provider of management solutions for the construction sector
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Hover is recognized for providing construction and renovation software solutions.
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SaaS-based project management solutions are delivered for construction.
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SaaS software for construction professionals' communication and collaboration is provided.
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SaaS documentation management solutions for construction are provided.
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Detailed competitors of UtilizeCore

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Latest news on Utilizecore

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Complete news archive for UtilizeCore

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Frequently Asked Questions about UtilizeCore

UtilizeCore was founded in 2020.

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

Ryan Gottfried is the current CEO of UtilizeCore. They have also founded this company.

UtilizeCore is a funded company, having raised a total of $22.51M across 3 funding rounds to date.

As of Apr 08, 2024, the latest employee count at UtilizeCore is 37.

Annual revenue of UtilizeCore is $1.04M as on Mar 31, 2023.

UtilizeCore was founded in 2020 and is based in New York, United States. Solutions for business management in the construction industry are offered, with focus on relationships between owners, clients, and vendors. Tools for online payments, invoices, work orders, and proposals are included, alongside features such as CRM, inventory management, operations automation, task handling, and document management. The platform operates on a subscription-based pricing model.

UtilizeCore's top competitors include Procore, Hover and Nemetschek Group.

UtilizeCore offers Service Operations, Compliance and Sourcing, Accounts Payable, Accounts Receivable, and 3 more products and services.

UtilizeCore has 8 investors. Key investors include FirstMark, Boldstart Ventures, Mana Ventures, Dan Ciporin, and Joe Osnoss.

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