UtilizeCore

New York, United States Founded: 2020 • Age: 6 yrs
Business management solutions are provided for the construction sector.

About UtilizeCore

UtilizeCore is a Real Estate & Construction company based in New York (United States) founded in 2020 by Ryan Gottfried. Business management solutions are provided for the construction sector. It operates in the Real Estate & Construction and Technology sectors. UtilizeCore has raised $22.51 million across 3 funding rounds from investors including FirstMark, Boldstart Ventures and Mana Ventures. The company has 37 employees. Its chief executive, as recorded, is Ryan Gottfried. Its website utilizecore.com draws about 14 thousand monthly visits. Its Indian entity Utilizecore India Private Limited reported revenue of β‚Ή9.89 Cr. UtilizeCore offers products and services including Service Operations, Compliance and Sourcing, Accounts Payable, Accounts Receivable, and Proposals. Its focus areas include Real Estate and Construction Tech, Construction Tech, Project Management and Contract Management. Its competitors include Procore, Hover and PlanGrid; 3 of its 3 listed competitors have raised funding.

Company details

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.

  • Headquarters New York, United States
  • Employees 37
  • Founders Ryan Gottfried
  • Sectors
    Real Estate & Construction
    Technology
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website utilizecore.com
  • Social LinkedIn X Facebook YouTube
  • Legal Name Utilizecore India Private Limited
  • Date of Incorporation 03 Nov, 2021
  • Jurisdiction Navi Mumbai, Maharashtra, India
Key Metrics
  • Indian entity revenue
    ₹9.89 Cr

    FY 2025 · -12% YoY

  • Indian entity net profit
    ₹40.6 Lakh

    FY 2025 · 4% margin

  • Indian entity EBITDA
    ₹78.7 Lakh

    FY 2025 · 8% margin

  • Total Equity Funding
    $22.51M (USD)

    in 3 rounds

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

    May 2023

  • Investors
    FirstMark

    & 7 more

  • Employee Count
    37

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.

Service Operations
Task Management

Efficiently manage tasks and ensure seamless service delivery.

Compliance and Sourcing
Subcontractor Management

Handle onboarding and compliance for subcontractors effectively.

Accounts Payable
Invoice Management

Streamline invoice processing for efficient payment handling.

Accounts Receivable
Invoicing

Enhance workflows for client invoicing and cash flow.

Proposals
Client Communications

Create and manage business proposals for deals.

Assets
Asset Management

Maintain physical assets through a digital system.

Integrations
System Integration

Manage entire business operations in one platform.

Apps and channels of UtilizeCore

UtilizeCore publishes 2 mobile apps with over 5K+ downloads; its YouTube channel UtilizeCore has 42 subscribers.

UtilizeCore
Google Play Business Mature 17+ Free
Developer: UtilizeCore
View on Google Play
UtilizeCore
App Store Business 17+
Developer: UtilizeCore, Inc
View on App Store
UtilizeCore
YouTube 42 subscribers Science & Technology
Open channel

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.

  • Total Funding $22.51M
  • Total Rounds 3
  • Last Round Series B β€” $16.7M
  • First Round $475,000

    (Jul 2020)

  • Investors Count 8

All 3 funding rounds of UtilizeCore with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
May 2023$16.7MSeries B–FirstMark, Mana Ventures
Jun 2021$5.33MSeries A–Boldstart Ventures
Jul 2020$475,000Seed––
–
Valuation history

8 investors in total: 5 institutional and 3 angel.

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.

All
Venture Fund
Angel
InvestorDescriptionFounded YearDomainLocation
Venture capital firm focused on crypto infra, and SaaS companies
boldstart.vcMiami, United States
Early-stage venture capital is invested in tech startups across sectors.
1987firstmark.comNew York, United States
Investments in early-stage tech firms and consumer brands are made.
manaventures.vcSan Francisco, United States
s12f.co
Venture capital firm focused on fintech, healthcare, logistics, enterprise tech, AI, ed tech, and multiple sectors
mantisvc.comLos Angeles, United States

Dan Ciporin

unknown_26b90f0078af4e7e8

Joe Osnoss

Managing Partner at Silver Lake, active angel investor in tech
unknown_3bed80938ece4e8cb

Kearny Jackson

unknown_6bc92d71173f4cdaa
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Investor details for UtilizeCore

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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Verified entity values are shown only after access is granted.

Board of directors of Utilizecore India Private Limited (UtilizeCore)

Utilizecore India Private Limited is the primary company behind UtilizeCore. The board of Utilizecore India Private Limited currently have 3 directors; the longest-serving is Venkatesh Srinivasan, appointed in 2021.

DirectorDesignationAppointedTenureEntity
Venkatesh Srinivasan
DIN 01287872
Director03 Nov 20214 yrs 11 moUtilizecore India Private Limited
Yogesh Shekhar Lolusare
DIN 09388392
Director03 Nov 20214 yrs 11 moUtilizecore India Private Limited
Gourick Bhowmick
DIN 09388403
Director03 Nov 20214 yrs 11 moUtilizecore India Private Limited

People of UtilizeCore

33 people are tracked at UtilizeCore (8 in leadership, 7 in board & advisors, 18 in team); the tracked headcount is 37.

NameRoleGroup
Ryan Gottfried
Founder & CEOLeadership
Igall Buzilo
Head Of Implementation & Solution EngineerLeadership
Mobility DirectorLeadership
Abdul Basit Shaikh
Executive Vice President, Software ArchitectLeadership
Evan Smith
PresidentLeadership
Zach Magray
Vice President Of GrowthLeadership
Siddhant Kanda
Executive Assistant To Chief Executive Officer & HR AdminLeadership
Alexandra Carmichael
Head Of FinanceLeadership
Brian Tolkin
AdvisorBoard & advisors
Laura Israel
AdvisorBoard & advisors
Grant McGrail
AdvisorBoard & advisors
Eric Dorf
AdvisorBoard & advisors
Rick Michaux
AdvisorBoard & advisors
Joseph J Tinney, Jr.
AdvisorBoard & advisors
Joyce Reitler
AdvisorBoard & advisors
Vinay Mahindrakar
BI & SQL LeadTeam
Chandrakant Patil
Client Tech SupportTeam
Jordan Moskowitz
Operations + Business DevelopmentTeam
Miles Murdunge
Manager, User SuccessTeam
Yogesh Jhansiwale
QA LeadTeam

13 more people are available in the full profile.

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Complete people profiles for UtilizeCore

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Financials of UtilizeCore

Figures of Utilizecore India Private Limited, the primary company behind UtilizeCore, for FY 2025. Revenue was ₹9.89 Cr (-12% year on year). Net profit was ₹40.6 Lakh (4% margin). EBITDA was ₹78.7 Lakh (8% margin). Revenue has grown at a compounded annual rate of +128% over three years.

  • ₹9.89 CrRevenue · FY 2025 · -12% YoY
  • ₹40.6 LakhNet profit · 4% margin
  • ₹78.7 LakhEBITDA · 8% margin
  • ₹10 LakhPaid-up capital
  • 37Employees (provident fund records)
  • +128%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Utilizecore India Private Limited are on its company page.

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Detailed financial statements for UtilizeCore

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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Timeline of UtilizeCore

3 dated milestones of UtilizeCore across 3 years, from founding to its latest funding, stage changes and deals.

  1. Founded UtilizeCore is founded.
  2. Funding First funding round of $475K.
  3. Funding Latest funding round, Series B, of $16.7M.

Competitors of UtilizeCore

UtilizeCore has 3 listed competitors in our database, 3 of them funded. They include Procore, Hover and PlanGrid.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
procore.com2003Carpinteria, United States$406.15M3,164
SaaS project management software is provided for construction professionals.
hover.to2011San Francisco, United States$142.3M280
Hover is recognized for providing construction and renovation software solutions.
plangrid.com2011San Francisco, United States$18M363
Provider of collaboration on web and mobile for field construction
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Detailed competitors of UtilizeCore

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Web traffic of UtilizeCore

The website of UtilizeCore (utilizecore.com) receives about 14.2K visits a month.

  • Monthly visits
    14.2K

    ▼ 1.4% vs previous month

Similar websites

Websites whose visitors overlap most with UtilizeCore. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
clearfeed.ai
100%
35.6K#912,840View details
lafosse.com
60%
32.7K#810,268View details

Top companies in Construction & Building Tech

3 companies that operate in the same segment as UtilizeCore (Construction & Building Tech) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
SaaS project management software is provided for construction professionals.
2003Carpinteria, California, United StatesUSD 406.15 MUSD 1.32 B4,927
Business management software is offered for home service providers.
2007Glendale, California, United StatesUSD 1.1 BUSD 960.97 M3,049
Cloud-based positioning solutions are offered for industrial sectors.
1978Sunnyvale, California, United StatesUSD 3.59 B12,100
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Related news about 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 CEO of UtilizeCore, as recorded in our data. They have also founded this company.

UtilizeCore is a funded company, having raised a total of $22.51M across 3 funding rounds to date. The company's 1st funding round was a Seed of $475K, raised on Jul 2020.

UtilizeCore has 37 employees.

The primary company behind UtilizeCore, Utilizecore India Private Limited, reported revenue of β‚Ή9.89 Cr for FY 2025, down 12% year on year.

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 PlanGrid.

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.

UtilizeCore operates through Utilizecore India Private Limited.

The legal entities of UtilizeCore currently have 3 directors, including Venkatesh Srinivasan, Yogesh Shekhar Lolusare, Gourick Bhowmick.

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