# Cortex Applications

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cortex-applications

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.cortex.io
- Total disclosed funding: $100M
- Latest round: Series C (Sep 6, 2024)
- Investors on record: 9

## About

Founded in 2019 and based in California, US, Cortex Applications Inc. provides an IDP platform designed to help with software development processes by centralizing information and workflows. In September 2024, Cortex Applications, Inc. raised USD 45.14 million in series C funding led by investor Scale Venture Partners, with participation from returning investors Sequoia Capital Global Equities and Y Combinator. Individual and other investors World Innovation Lab, Cross Creek, Alpha Square Group, and IVP also participated in the round.

The company offers Internal Developer Portals (IDPs) that offer a comprehensive suite of features, including software cataloging, scorecards for quality assessment, and developer self-service tools. By integrating with various identity and incident management tools, Cortex enables teams to track software ownership and maintain production readiness. Its platform caters to a range of clients, including organizations like Adobe, National Geographic, and TripAdvisor.

Cortex generates income through subscription fees for its software services.

The company plans to use the September 2024 funding to widen its market presence and accelerate its product development and service offerings.

## Funding rounds

- Series C, Sep 6, 2024, $45M — Institutional Venture Partners, Hong Shan, Scale Venture Partners, Cross Creek, Y Combinator, World Innovation Lab, Alpha Square Group
- Series B, Apr 13, 2023, $35M — Institutional Venture Partners, Hong Shan, Tiger Global Management, Y Combinator, Craft Ventures
- Series A, Nov 18, 2021, $18M — Hong Shan, Tiger Global Management
- Seed, May 18, 2021, $2.5M — Hong Shan, Y Combinator

## Investors

- Hong Shan — Seed, Series A, Series B, Series C
- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed, Series B, Series C
- Tiger Global Management (https://capitalatlas.ai/funds/tiger-global-management) — Series A, Series B
- Institutional Venture Partners (https://capitalatlas.ai/funds/institutional-venture-partners) — Series B, Series C
- Craft Ventures (https://capitalatlas.ai/funds/craft-ventures) — Series B
- Scale Venture Partners (https://capitalatlas.ai/funds/scale-venture-partners) — Series C
- Cross Creek (https://capitalatlas.ai/funds/cross-creek) — Series C
- World Innovation Lab — Series C
- Alpha Square Group — Series C