What is Core10?
Core10 specializes in developing pre-built integrations designed to accelerate solution deployment, aiming for completion within ninety days. The company leverages a deep pool of experienced talent and continuously seeks avenues to enhance value and reduce costs for its clients. By deeply understanding and thriving within the financial services world, Core10 positions itself as a strategic partner for businesses requiring innovation, integration, and adaptability. The company's approach is geared towards ensuring client success in a fast-evolving 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 Independent Community Bankers of America, Patriot Financial Partners, and Jam Fintop Network
Key Investors in Core10
FINTOP Capital
FINTOP Capital is a venture capital firm that specializes in fintech, founded by experienced entrepreneurs and operators. They focus on B2B fintech and utilize proven strategies to support their portfolio companies, engaging closely with investors and leaders in the financial services sector.
Independent Community Bankers of America
Independent Banker is a key resource for community banking news, offering insights on advocacy, lending, payments technology, and growth strategies. They serve community banks looking to enhance operations and leadership through various resources and industry engagement.
Patriot Financial Partners
Patriot Financial Partners is a private equity firm established in 2007, focusing on investments in community banks and financial services companies. They provide growth capital and strategic support to enhance profitability and shareholder value through a hands-on investment model.
What's next for Core10?
With the recent major strategic investment, Core10 is poised to further enhance its integration capabilities and expand its market reach. This capital infusion, part of its $11.2M in overall financing, signals a strong confidence in the company's business model and its capacity to deliver rapid, impactful solutions for the financial services industry. The company is likely to focus on scaling its operations, deepening its talent pool, and potentially exploring new technological advancements to maintain its competitive edge and support its clients' evolving demands for innovation and efficiency.
See full Core10 company page
