Cortera

Last updated
Cortera, Inc.
Company typeSubsidiary
Founded Dedham, Massachusetts 1993
Headquarters Boca Raton, Florida
Key people
  • James P. Swift, CEO
  • Michael Landis, CFO [1]
ProductsBusiness information, services, research, software
Number of employees
>100
Parent Moody's Analytics
Website www.cortera.com

Cortera, headquartered in Boca Raton, Florida, U.S., is a provider of credit information on businesses and corporations. The company provides business information with a database containing a number of private and public U.S. companies, analytics about each of those companies, and workflow software.

Contents

Typical users include business analysts, sales and marketing experts and credit & collections professionals who need to research their prospects, customers, and partners. Principal customers include transportation providers, manufacturers and wholesalers, telcos, banks, and other credit and financial institutions.

History

Cortera was founded in 1993 as SRR Solutions by Northeastern University professor, Venkat Srinivasan, [2] to provide credit & collections software. Over the years, the company raised tens of millions in venture capital funding, dabbled with the creation of an online B2B debt exchange and changed its name to eCredit in 1998. In December 2006 the company was acquired [3] by an investment group that ultimately included Fidelity Ventures, Battery Ventures, and CIBC. The company name was changed from eCredit to Cortera in early 2008. [4]

Moody's Analytics acquired Cortera in 2021. [5]

Products and services

Partners

The company primarily partners with other providers of business information to include their information in its software. Partners include:

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References

  1. "Cortera Management Team | Cortera". Archived from the original on 2008-07-05. Retrieved 2008-09-12.
  2. "Financial Insight and Information | CreditPointe". Archived from the original on 2012-07-31. Retrieved 2008-09-12.
  3. "Fidelity Ventures invests $11 million in eCredit". American City Business Journals . 2006-12-18. Archived from the original on 2009-11-15.
  4. Reuters
  5. "Moody's to Acquire Cortera, a Leader in Credit Data and Insights". www.businesswire.com. 2021-02-10. Retrieved 2024-04-08.
  6. A Breed Apart | Business Finance