What is Core10?
Core10 specializes in providing pre-built integrations and a deep pool of experienced talent to address the rapid innovation, integration, and adaptation demands within the financial services industry. The company's core value proposition lies in its ability to accelerate the deployment of solutions, aiming to turn up client projects in ninety days or less. By understanding and thriving within the financial services world, Core10 positions itself as a strategic partner for businesses seeking to enhance their operational efficiency and reduce costs, ultimately aiming for client success in a fast-paced market.
How much funding has Core10 raised?
Core10 has raised a total of $11.2M across 4 funding rounds:
Series A
$3.5M
Debt
$350K
Debt
$861K
Series B
$6.5M
Series A (2017): $3.5M with participation from FINTOP Capital
Debt (2020): $350K led by PPP
Debt (2021): $861K supported by PPP
Series B (2023): $6.5M featuring Patriot Financial Partners, Jam Fintop Network, and Independent Community Bankers of America
Key Investors in Core10
FINTOP Capital
FINTOP Capital is a venture capital firm specializing in B2B fintech, founded by experienced entrepreneurs and operators. They focus on providing strategic support and leveraging their extensive network to help portfolio companies succeed in the financial services sector.
Patriot Financial Partners
Patriot Financial Partners is a private equity firm that invests in community banks, thrifts, and financial services-related companies, focusing on enhancing profitability and shareholder value through growth capital and strategic support.
Independent Community Bankers of America
The Independent Community Bankers of America (ICBA) is a leading advocate for community banks, providing resources and insights on industry trends, lending, technology, and compliance to support their growth and operations.
What's next for Core10?
The recent major strategic investment signals a pivotal phase for Core10, likely enabling accelerated product development, market expansion, and further enhancement of its integration capabilities. With a history of securing both debt financing and significant equity rounds, the company is well-positioned to leverage this capital for strategic initiatives. Future growth may involve deepening its partnerships within the financial services ecosystem, expanding its talent network, and continuing to innovate its technology offerings to maintain a competitive edge and drive further value for its clients.
See full Core10 company page
