Wellcore Corporation

ElectronicsSeries ASan Jose, USwellcore.com

Latest round

Series A

Last raised

Jul 2010

Total raised

$7.7M

Investors

1

About Wellcore Corporation

Wellcore Corporation, founded in 2007 in San Jose, US, provides receivership services to address financial difficulties and property issues. The firm was founded by Chocko Valliappa, who has a background in managing financial and real estate solutions.The Bay Area Receivership Group (BARG) offers comprehensive receivership services, focusing on non-performing financial obligations and deteriorating real property assets. Core offerings include Rents & Profits Receivership for income recovery from distressed properties, and Health & Safety Receivership to restore properties not meeting health standards.BARG's revenue is generated through service agreements related to their receivership operations. They enter into direct service contracts with clients, including banks and municipal agencies, where fees are determined by the complexity of services rendered. The company aims to develop new products tailored for emerging markets and is targeting expansion into regions beyond California by the end of 2011. Plans include further investment in technology and infrastructure to improve service delivery and project efficiency.

Who invested in Wellcore Corporation

1 investor across 2 rounds

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Funding rounds

  1. Series A

    Jul 12, 2010

    Amount

    $2.2M

    Investors

    Locked

  2. Series A

    Jun 29, 2009

    Amount

    $5.5M

    Investors

    Locked

Questions about Wellcore Corporation

Who invested in Wellcore Corporation?

Wellcore Corporation has 1 investor on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Wellcore Corporation raised?

Wellcore Corporation has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Wellcore Corporation last raise money?

Wellcore Corporation's most recent round on record is a Series A, in Jul 2010.

What does Wellcore Corporation do?

Wellcore Corporation, founded in 2007 in San Jose, US, provides receivership services to address financial difficulties and property issues.

Where is Wellcore Corporation headquartered?

Wellcore Corporation is headquartered in San Jose, US.

Which VCs invest in companies like Wellcore Corporation?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back electronics companies at Wellcore Corporation's stage. Their profiles are linked below.

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