# Coresystems

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/coresystems

- Industry: Business Support Services
- Headquarters: Switzerland
- Website: www.coresystems.ch
- Total disclosed funding: $11M
- Latest round: Series B (Sep 10, 2014)
- Investors on record: 1

## About

Coresystems offers advanced service operations solutions leveraging generative AI and Machine Learning to enhance field service management, optimizing business operations for medium to large service organizations.Founded in 2002 in Switzerland, Coresystems specializes in service operations solutions. The firm is led by CEO Jean-Thomas Célette and was founded by Manuel Grenacher. Coresystems raised CHF 10 million in Series B funding on September 10, 2014, from InvestNet, bringing the total amount raised to CHF 10 million.Coresystems specializes in advanced service operations solutions powered by generative AI and Machine Learning. Their primary products include InsightLoop, which provides analytical insights for service efficiency, ChronoHub that facilitates time tracking and compliance for SMEs, and Coresuite, a toolset aimed at businesses utilizing SAP Business One. These offerings target medium to large service organizations in the European and North American markets, enhancing service delivery and operational efficiency.Coresystems generates revenue through subscription-based services primarily targeting B2B clients. Their offerings include InsightLoop and ChronoHub, which are tailored to enhance operational efficiency. Pricing structures are customized to meet client needs, promoting long-term contracts that foster client loyalty and ensure recurring revenue.Coresystems intends to leverage its recent CHF 10 million Series B funding to expand its offerings and penetrate new markets. The company is designing upcoming enhancements to its product suite, including new features for InsightLoop and ChronoHub, aiming for a rollout by late 2025. Additionally, Coresystems plans to enter the Asia-Pacific region by 2026, focusing on SMEs seeking to improve their service operations.

## Funding rounds

- Series B, Sep 10, 2014, $11M — InvestNet

## Investors

- InvestNet (https://capitalatlas.ai/funds/investnet) — Series B