When was Corcentric founded?

Corcentric was founded in 1998 and raised its 1st funding round 14 years after it was founded.

Where is Corcentric located?

Corcentric is headquartered in Mclean, United States. It is registered at Cherry Hill,New Jersey.

How many employees does Corcentric have?

As of Sep 30, 2026, the latest employee count at Corcentric is 558.

Is Corcentric a funded company?

Corcentric is a funded company, having raised a total of $81.2M across 4 funding rounds to date. The company's 1st funding round was a $***** Conventional Debt round, raised on Dec 2012.

When was the latest funding round of Corcentric?

Corcentric's latest funding was a $***** Series B round on May 01, 2020, with participation from 1 investor. Its primary sector is Finance & Accounting Tech. In United States, the Finance & Accounting Tech sector has seen $6.07B in funding in 2026 to date.

Where does Corcentric rank among its competitors?

Corcentric ranks 16th amongst 946 active competitors, of which 117 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was Zaggle, which secured $4.51M in Oct, 2025.

Who are the top competitors of Corcentric?

Corcentric's top competitors include Coupa, Zaggle and Concur. Among them, Zaggle secured the most recent funding round in October, 2025.

Corcentric - 2026 Company Profile, Funding, Competitors & Financials

Company Details

Provider of source-to-pay, order-to-cash, and fleet management business solutions. The company offers software, managed services, and strategic advisory support. Procurement, accounts payable, accounts receivable, and payment processing are streamlined. Intelligent applications and automation are available. Fleet solutions include procurement, financing, analytics, and remarketing.

Website: corcentric.com
Social
Registered Address: Cherry Hill,New Jersey

Key Metrics

Founded Year

1998

Location

Mclean, United States

Stage

Public

Total Funding

$81.2M in 4 rounds

Latest Funding Round

Series B, May 01, 2020, $*****

Investors

Bregal Sagemount & 4 more

Ranked

16^th among 946 active competitors

Employee Count

558 as on Sep 30, 2026

Investment & Acquisitions

Vendorin & 4 more

Similar Companies

Coupa & 519 more

Exit Details

Public

View Corcentric's full profile

Corcentric is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
CORCENTRIC, INC. CIN: 1639611 , United States, Active	Jun 30, 2015	$25M - $100M (As on May 25, 2018)	501 (As on Dec 31, 2023)	-
NORTH MOUNTAIN MERGER CORP. CIN: 1819157 , United States, Active	Jul 13, 2020	-	-	-
AMERIQUEST BUSINESS SERVICES CIN: 223534008 , United States, Active	Dec 31, 1999	-	491 (As on Dec 31, 2024)	-

Corcentric got listed on Nov 18, 2020.

Click here to take a look at Corcentric's IPO in detail

Corcentric has raised a total funding of $81.2M over 4 rounds. Its first funding round was on Dec 2012. Its latest funding round was a Series B round on May 01, 2020 for $*****. 1 investor participated in its latest round. Corcentric has 5 institutional investors.

Here is the list of recent funding rounds of Corcentric:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 01, 2020	9515226	Series B	3488033	5895742	3981132	4559640
Nov 15, 2018	3706152	Conventional Debt	9854870	6721011	2399102	JPMorganChase & 2 more
May 25, 2018	6447971	Series A	8389945	6656226	2850084	2050465

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Corcentric's employee count trend

Corcentric has 558 employees as of Sep 26. Here is Corcentric's employee count trend over the years:

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Top competitors of Corcentric include Coupa, Zaggle and Concur. Here is the list of Top 10 competitors of Corcentric, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Coupa 2006, San Mateo (United States), Acquired	Provider of cloud-based business spend management platform leveraging AI to help companies achieve visibility, control, and optimization of total spend	$169M	Meritech, T. Rowe Price & 19 others	86/100
2nd	Zaggle 2011, Hyderabad (India), Public	Platform designed to streamline business spends, payments, and rewards through automated and innovative workflows	$13.7M	Mavericks, Bengal Finance and Investment ... & 32 others	80/100
3rd	Concur 1988, Bellevue (United States), Acquired	Provider of travel, expense, and invoice management solutions for businesses	-	Redpoint Ventures, RRE Ventures & 8 others	75/100
4th	Procurify 2012, Vancouver (Canada), Series C	Developer of procurement software for managing organizational spend and workflows	$82.5M	Information Venture Partners, Nexus Venture Partners ... & 22 others	74/100
5th	Vertice 2021, London (United Kingdom), Series C	AI-powered platform for modern finance and procurement teams	$101M	83NORTH, Bessemer Venture Partners & 10 others	71/100
6th	Zylo 2015, Indianapolis (United States), Series C	Platform offering SaaS applications management solutions	$72.5M	High Alpha, MassMutual Ventures & 16 others	69/100
7th	GEP 1999, Clark (United States), Unfunded	Cloud-based procurement-to-pay solutions	-	-	69/100
8th	Globality 2015, Palo Alto (United States), Series E	Provider of AI-driven platform for sourcing and procurement process automation	$368M	SoftBank Vision Fund, & 16 others	69/100
9th	SAP Ariba 1996, Palo Alto (United States), Acquired	E-procurement, invoicing, and B2B collaboration software for businesses	-	Intel, TCV & 5 others	69/100
10th	Omnea 2022, London (United Kingdom), Series B	Provider of web-enabled procurement orchestration solutions for the supply chain	$98.6M	Khosla Ventures, Accel & 16 others	65/100
16th	Corcentric 1998, Mclean (United States), Public	Provider of source-to-pay, order-to-cash, and fleet management business solutions	$81.2M	JPMorganChase, Bregal Sagemount & 3 others	62/100

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Corcentric has not made any investments yet. Corcentric has made 5 acquisitions.

Here is the list of latest three $acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Feb 16, 2021	Acquisition	Vendorin	2007	Omaha (United States)
Feb 12, 2019	Acquisition	Netsend	1994	London (United Kingdom)
Feb 11, 2019	Acquisition	Determine	1996	San Mateo (United States)