How they describe themselves: Cortera is an online source for commercial credit information and financial intelligence on over 20 million businesses of every size. The company has a 15-year track record of providing comprehensive data and innovative tools to credit and finance professionals at the most affordable prices in the industry. In 2009, Cortera created the first online community enabling everyone - from both small businesses to large organizations - to monitor, rate and exchange comments on the payment performance of virtually any business in real time.
What they think makes them better: In 2009, Cortera launched a community-based alternative to business credit reporting, combining credit data with social reviews and ratings. Building on this foundation, Cortera is now introducing hyper-local, industry or project based networks - groups with shared suppliers and trading partners - where people can share payment experiences. Cortera Circles brings the tried-and-true concept of local or industry-based credit groups to the web and to businesses historically excluded from network-based financial transparency. This introduces a focused wealth of information not available through current social networking groups or message boards, while delivering dynamic, real-time information not available through today’s credit bureaus.
Key Executives: Jim Swift (CEO), Liz Devine (CIO), Todd DeSisto (CFO), Jeff Braunstein (VP of Sales), Alex Coté (VP of Marketing), Guy Lehman (VP of Data Strategy), Jason Matthes (VP and General Counsel), Kevin Spendley (VP of Professional Services)
Investors: Volition Capital, Garvin Hill Capital Partners, Battery Ventures
Board Members: Larry Cheng (Volition Capital), Geraldine Alias (Volition Capital), Mark Hastings, (Garvin Hill Capital Partners), Dwayne Spradlin (InnoCentive), Jim Swift (Cortera), Scott Tobin (Battery Ventures)
Customers: Cortera’s solutions are used by organizations of all sizes, across all industries to
optimize commercial credit risk and accounts receivable performance. Cortera’s customers include many of the world’s most recognized brands such as AB Electrolux, Chevron, Cisco, Continental Airlines, Ferguson, Cargill, NEC, Ryder System, and Sun Microsystems.
Contacts:
Sales: Jeff Braunstein, VP of Sales, 561-226-9032, jbraunstein@cortera.com
Press: Alex Coté, VP of Marketing, 857-403-1370, acote@cortera.com,
Patrick Rafter, Valuecasters, 617-901-2697, prafter@valuecasters.com |
