Companies · Other Technology

Cortera, Inc.

BOCA RATON · Other Technology

Diligence memoA one-page analyst read on Cortera, Inc. — recommendation, valuation, rhythm, risks.
$66.2M
Total raised · real
4
Rounds
2.9×
Latest step-up
Top 6%
Sector rank · raised
Series C
Latest stage · inferred · Tue Sep 18 2018 00:00:00 GMT+0000 (Coordinated Universal Time)

Cortera, Inc. looks under-valued against its niche peers and is dormant on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the technology sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Under-valued
  • Modeled value is 0.20× the median modeled value of Series C Other Technology companies in 2016–2018 (94 peers) — value vs value, same stage and era.
Dormant
  • Last raise 7.8 yr ago; this sector typically re-raises about every 13 months.
  • Silent for over 3× the sector's normal cadence.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Other Technology

Cortera, Inc. is one of 21292 Other Technology companies tracked from BOCA RATON. By capital raised it ranks among the largest (ahead of 95% of sector peers), and in the upper tier by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
31
Investors (latest)
2018-09-18
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$500M$1.0B$1.5B$2.0BSeries C · 2006-12-08 Raised $50M (real) Modeled valuation $1.6B (est)$50M$1.6BSeries C2006Series C · 2011-11-21 Raised $2.9M (real) Modeled valuation $92M (est)$2.9M$92MSeries C2011Series C · 2016-03-16 Raised $3.5M (real) Modeled valuation $110M (est)$3.5M$110MSeries C2016Series C · 2018-09-18 Raised $10M (real) Modeled valuation $314M (est)$10M$314MSeries C2018+$2.9M+$3.5M+$10MCumulative $66M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Series C$49.8M · 2006
Series C extension$2.9M · 2011
Series C extension$3.5M · 2016
Series C extension$10.0M · 2018

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed, Series A, Series B — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 20%.

Modeled valuation trajectory
$314.3M
Base estimate est.
$37.9M
Conservative case
$828.1M
Upside case
$66.7M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ca $40M–$100M round). Valuation is modeled from stage benchmarks scaled by the technology sector profile. Directional, not a quoted figure.

Series C · modeled $1.6B · 2006-12-082006Series C · modeled $92.3M · 2011-11-21Series C · modeled $109.5M · 2016-03-16Series C · modeled $314.3M · 2018-09-182018
Model inputs · modeled:benchmark-stage-stepup-v1
15%
Dilution assumption
Implied ownership sold in the financing.
76%
Survival probability
57% low · 88% high
1.35×/yr
Annual markup
1.55×/yr upside case
6.0 yr
Elapsed time used
7.8 yr actual, capped for stale marks
technology
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
47 mo
Avg between rounds
$5.6M/yr
Capital velocity
19.6 yr
On record since
2006
First round
4
Rounds on file
How it compares to the market

Benchmarked against 21292 companies in Other Technology. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 21× above median
This company$66.2M
Sector median$3.2M
Latest round — vs other Series C rounds in sector (real $, this stage) 0.2× of median
This company$10.0M
Sector median$50.0M
Modeled value — vs sector median (estimate, all stages) 8.4× above median
This company$314.3M
Sector median$37.3M

Raised more than 95% of sector peers (real $). Modeled value above 88% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series C) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #78 of 94.

This companyCohort peer
$100.0M$1.0B$10.0B$10.0M$100.0M$1.0BCapital raised (log)Cfunworld Ltd · Series C Raised $100.0M · modeled $3.1B (est)PhunCoin, Inc. · Series C Raised $100.0M · modeled $3.1B (est)Cylance Inc. · Series C Raised $120.0M · modeled $3.1B (est)ACV Auctions Inc. · Series C Raised $123.5M · modeled $2.9B (est)Petuum Holdings, Ltd. · Series C Raised $93.0M · modeled $2.9B (est)BI Global Connect Ltd · Series C Raised $90.0M · modeled $2.8B (est)CradlePoint Inc · Series C Raised $145.3M · modeled $2.8B (est)Arena Holdings, Inc. · Series C Raised $85.5M · modeled $2.7B (est)Nuance Communications, Inc. · Series C Raised $85.0M · modeled $2.7B (est)Safe Parent, Inc. · Series C Raised $84.9M · modeled $2.7B (est)Inovalon Holdings, Inc. · Series C Raised $79.0M · modeled $2.5B (est)Afiniti, Ltd. · Series C Raised $90.9M · modeled $2.4B (est)Cortera, Inc. (this company) Raised $66.2M · modeled $314.3M (est)Cortera, Inc.
CompanyStageRaised · realValue · estvs peer med.
Cfunworld LtdSeries C$100.0M$3.1B2.00×
PhunCoin, Inc.Series C$100.0M$3.1B2.00×
Cylance Inc.Series C$120.0M$3.1B2.00×
ACV Auctions Inc.Series C$123.5M$2.9B1.86×
Petuum Holdings, Ltd.Series C$93.0M$2.9B1.86×
BI Global Connect LtdSeries C$90.0M$2.8B1.80×
CradlePoint IncSeries C$145.3M$2.8B1.78×
Arena Holdings, Inc.Series C$85.5M$2.7B1.71×
Nuance Communications, Inc.Series C$85.0M$2.7B1.70×
Safe Parent, Inc.Series C$84.9M$2.7B1.70×
Inovalon Holdings, Inc.Series C$79.0M$2.5B1.58×
Afiniti, Ltd.Series C$90.9M$2.4B1.56×
Cortera, Inc. this companySeries C$66.2M$314.3M0.20×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Series C$49.8M2006-12-08$331.8M$1.6B85%
Series C$2.9M2011-11-21$19.6M$92.3M85%
Series C$3.5M2016-03-16$23.2M$109.5M85%
Series C$10.0M2018-09-18$66.7M$314.3M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Series C$49.8M2006-12-08
    • First recorded raise — entered as Series C.
    • 15 investors on this round.
  2. Series C$2.9M2011-11-21
    • Raised again after 59 mo — slower than the ~13 mo sector norm.
    • Round 16.9× smaller than the prior — bridge or down round.
    • 8 investors on this round.
  3. Series C$3.5M2016-03-16
    • Raised again after 52 mo — slower than the ~13 mo sector norm.
    • Round roughly the size of the prior one.
    • Switched to Rule 506(b) (was Rule 06).
    • 8 investors on this round.
  4. Series C$10.0M2018-09-18
    • Raised again after 30 mo — slower than the ~13 mo sector norm.
    • Round 2.9× larger than the prior — scaling up.
    • 31 investors on this round.
Intelligence
2022 ~Q3
Modeled next raise · ~47mo cadence
$28.7M
Modeled next size est.range $18.7M$45.9M
2.9×
Last step-up
$5.6M/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Andrew P Flaster2011-11
Desisto P. Todd2006-12
Dwayne P Spradlin2006-12
Fred J Dilkes2011-11
Geraldine P. Alias2006-12
Guy J Lehman2011-11
James P Swift2006-12
Jason J Matthes2006-12
Jeff J Braunstein2011-11
John P Griffen2006-12
Kevin J Spendley2011-11
Larry P Cheng2006-12
Liz J Devine2011-11
Mark P Hastings2006-12
MICHAEL P. LANDIS2016-03
Patrick J Davie2011-11
ROBERT P. KETTERSON2018-09
Scott P Tobin2006-12
SHEA P. WALLON2018-09
Registry & provenance

Cortera, Inc. is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1107730
SEC CIK
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
FinCo Services, Inc.Other TechnologySeries C$67.1M$343.5Msame sector · same stage
Datavail CorpOther TechnologySeries C$65.2M$314.3Msame sector · same stage
EfficientAI CorpOther TechnologySeries C$70.0M$330.2Msame sector · same stage
Point2 Technology Inc.Other TechnologySeries C$62.6M$320.1Msame sector · same stage
AgVend Inc.Other TechnologySeries C$62.1M$334.7Msame sector · same stage
HyperNative Inc.Other TechnologySeries C$60.8M$296.1Msame sector · same stage
TrackR, Inc.Other TechnologySeries C$72.7M$316.9Msame sector · same stage
Agora Atlas CorpOther TechnologySeries C$57.2M$343.2Msame sector · same stage
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
Corista, LLCOther TechnologySeries A$124.3M90%
Cognaisent Inc.Other TechnologyPre-Seed$5.2M88%
Cozera, Inc.Other TechnologyPre-Seed$4.6M87%
Cognate, Inc.Other TechnologyPre-Seed$8.5M87%
Counslr, Inc.Other TechnologySeries A$68.5M87%
Covariant, Inc.Other TechnologySeries B$312.9M87%
Coffey Ventures, Inc.Other TechnologyPre-Seed$40.2M86%
coUrbanize, Inc.Other TechnologySeed$24.2M86%
Frequently asked
How much funding has Cortera, Inc. raised?
Cortera, Inc. has raised approximately $66.2M in disclosed capital across 4 recorded financing rounds, aggregated from public filings.
What is Cortera, Inc.'s estimated valuation?
Provath's modeled valuation for Cortera, Inc. is approximately $314.3M (modeled range $37.9M–$828.1M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Cortera, Inc. at?
Cortera, Inc.'s latest modeled financing stage is Series C. Its most recent recorded round closed around Tue Sep 18.
What does Cortera, Inc. do and where is it based?
Cortera, Inc. operates in the Other Technology sector, based in BOCA RATON.
Explore related

See where Cortera, Inc. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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