# Corvium

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

- Industry: Software
- Headquarters: Reston, US
- Website: www.corvium.com
- Total disclosed funding: $23M
- Latest round: Series C (Aug 22, 2016)
- Investors on record: 9

## About

Corvium, Inc. is a technology solutions provider focused on enhancing operational efficiency for businesses. Their software platform delivers real-time analytics and management tools tailored for diverse industry needs.Corvium, Inc. specializes in operational technology solutions that streamline processes for businesses. Founded in 2010, the company is headquartered in Reston, US. The founders, Michael Koeris and Tim Lu, have backgrounds in technology innovation. In August 2019, Corvium, Inc. raised USD 6.690 mn in funding, marking its total amount raised at the same figure. The company has participated in 7 deals to date, with its most recent deal occurring on August 20, 2019.Corvium, Inc. offers a range of technology solutions designed to improve operational efficiency for various sectors. Their proprietary software platform integrates with existing systems, providing clients with real-time data analytics, project management capabilities, and customer relationship management tools, addressing issues like data fragmentation and inefficient workflows. Their primary customers include small to medium-sized enterprises and large corporations in finance, healthcare, and retail, with distribution across North America, Western Europe, and select Asian markets.The company generates revenue through a subscription-based model, allowing clients to pay a recurring fee for access to its software solutions. This model provides flexibility for businesses to scale usage according to operational needs. Revenue is further diversified via partnerships with distributors and channel partners, enabling broader market reach. Clients typically engage in annual or monthly subscriptions that offer tiered access to features, aligning with their business requirements and enhancing customer retention and revenue stability.Corvium, Inc. plans to leverage its recent funding of USD 6.690 mn from August 2019 to support the development of new products aimed at enhancing operational capabilities. The company is also targeting expansion into new geographic regions, although specific markets have not been disclosed. The funding will facilitate these initiatives, helping to position the company for growth in emerging markets.

## Funding rounds

- Series C, Aug 22, 2016, $13M — Canaan Partners, Cultivian Sandbox Ventures, Valley Oak Investments, Acre Venture Partners
- Series B, Oct 2, 2013, $4.5M — Canaan Partners, Cultivian Sandbox Ventures, Flybridge Capital Partners, Founder Collective
- Series A, May 31, 2011, $5.8M — Chevron Technology Ventures, Flybridge Capital Partners, Founder Collective, Kraft Group, Boston University, Inc.

## Investors

- Chevron Technology Ventures (https://capitalatlas.ai/funds/chevron-technology-ventures) — Series A
- Flybridge Capital Partners (https://capitalatlas.ai/funds/flybridge-capital-partners) — Series A, Series B
- Founder Collective (https://capitalatlas.ai/funds/founder-collective) — Series A, Series B
- Kraft Group — Series A
- Boston University, Inc. — Series A
- Canaan Partners (https://capitalatlas.ai/funds/canaan-partners) — Series B, Series C
- Cultivian Sandbox Ventures (https://capitalatlas.ai/funds/cultivian-sandbox-ventures) — Series B, Series C
- Valley Oak Investments (https://capitalatlas.ai/funds/valley-oak-investments) — Series C
- Acre Venture Partners (https://capitalatlas.ai/funds/acre-venture-partners) — Series C