How Much Did Coresystems Raise?
Funding & Key Investors

Coresystems has secured significant enterprise-level funding, with its total capital raised standing at $26.1M. The company recently announced a major strategic investment of $10.6M, underscoring its continued growth trajectory and market position in the software development sector.

This latest financing round follows previous capital injections, indicating sustained investor confidence in Coresystems' business model and future potential. The company's ability to attract substantial backing highlights its role as a key player in its operational domain.

What is Coresystems?

Coresystems
SoftwareEnterprise Resource Planning (ERP)Customer Engagement Platforms

Coresystems AG, headquartered in Switzerland, is a dedicated software-developing company. It operates as a reseller for SAP Business One and SAP's field service management platform. This strategic positioning allows Coresystems to leverage established enterprise solutions while potentially offering specialized enhancements or integration services to its clientele. The company's focus on field service management software suggests a commitment to optimizing operational efficiency for businesses with mobile workforces.

How much funding has Coresystems raised?

Coresystems has raised a total of $26.1M across 2 funding rounds:

2013

Series A

$15.5M

2014

Series B

$10.6M

Series A (2013): $15.5M, investors not publicly disclosed

Series B (2014): $10.6M led by Investnet AG

Key Investors in Coresystems

Investnet AG

Investnet AG, operating through investnet.net, is identified as a participant in Coresystems' funding rounds. Its involvement suggests a strategic interest in software solutions and enterprise management platforms.

What's next for Coresystems?

The recent major strategic investment in Coresystems signals a pivotal phase for the company, likely aimed at accelerating product development, expanding market reach, and enhancing its service offerings. With a total funding amount of $26.1M, Coresystems is well-positioned to pursue aggressive growth strategies. Future initiatives may include further integration with SAP's broader ecosystem, development of proprietary features, and expansion into new geographical markets. The company's trajectory suggests a focus on solidifying its position as a leading provider of field service management solutions.

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Frequently Asked Questions Regarding Coresystems Financial Insights

What are the most recent funding rounds that Coresystems has completed, and what were the funding rounds?
Coresystems has recently completed 2 funding rounds: Series B on Sep 10, 2014, Series A on Nov 7, 2013.
What is the total amount of funding Coresystems has raised to date?
Coresystems has raised a total of $26.1M in funding to date.
How many funding rounds has Coresystems completed?
Coresystems has completed 2 funding rounds.
How much funding did Coresystems raise in its most recent funding round?
Coresystems raised $10.6M in its most recent funding round.
Who are the lead investors in Coresystems's latest funding round?
The lead investor in Coresystems's latest funding round was Investnet AG. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Coresystems's history?
The largest funding round in Coresystems's history was $15.5M.
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