Corel - About the company
Corel is an acquired company based in Ottawa (Canada), founded in 1995. It operates as a Provider of graphics, painting, photo, video and office software. The company has 1593 active competitors, including 54 funded and 24 that have exited. Its top competitors include companies like PhotoRoom, Visual Supply Co and MAGIX.
Company Details
Corel Corporation provides software for illustration & design, digital painting, graphics, photo editing, digital imaging, and video editing.
- Website
- www.corel.com/en/
- Social
- Email ID
- *****@iqbackoffice.com
- Phone Number
- +1 **********
- Registered Address
- ,
Key Metrics
Founded Year
1995
Location
Ottawa, Canada
Stage
Acquired
Investors
Ranked
10th among 1593 active competitors
Annual Revenue
€1M - €10M as on Nov 30, 2022
Employee Count
1,003 as on Sep 30, 2026
Exit Details
Acquired by KKR (Jul 02, 2019)
Legal entities associated with Corel
Corel is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
COREL Estonia OÜ CIN: 14684195 , Estonia, Active | Mar 17, 2019 | €1M - €10M (As on Nov 30, 2022) | 23 (As on Sep 30, 2024) | |
COREL INC. CIN: 870557105 , United States, Active | Dec 31, 1999 | - | 175 (As on Dec 31, 2024) | - |
Corel's acquisition details
Corel got acquired by KKR on Jul 02, 2019.
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Corel's funding and investors
Corel is a funded company. Corel has 1 institutional investor.
View details of Corel's funding rounds and investors
Corel's founders and board of directors
Founder? Claim ProfileCorel's employee count trend
Corel has 1,003 employees as of Sep 26. Here is Corel's employee count trend over the years:
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Corel's Competitors and alternates
Top competitors of Corel include PhotoRoom, Visual Supply Co and MAGIX. Here is the list of Top 10 competitors of Corel, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Application for product and portrait photography | $64M | 75/100 | ||
2nd | Visual Supply Co 2011, San Francisco (United States), Series B | Community for photographers | $135M | 70/100 | |
3rd | Multimedia software | - | 69/100 | ||
4th |  Lightricks 2013, Jerusalem (Israel), Series D | AI-powered tools for image, video editing, and content creation | $335M | 68/100 | |
5th |  PicsArt 2011, Miami (United States), Series C | App for editing photos and videos | $195M | 67/100 | |
6th | AI-enabled face swapping video editing solutions | $11M | 63/100 | ||
7th | Photo Editing App With A Social Networking Element | $7.6M | 59/100 | ||
8th |  Aftershoot 2020, Lewes (United States), Series A | Developer of AI software for photo culling, editing, and retouching | $16.1M | 59/100 | |
9th | ON1 2005, Portland (United States), Unfunded | AI-powered photo editing software for photographers to organize, edit, and share | - | - | 59/100 |
10th | Provider of graphics, painting, photo, video and office software | - | 58/100 |
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Corel's Investments and acquisitions
Corel has not made any investments yet. Corel has made 6 acquisitions.Here is the list of latest three $acquisitions:
Filter this list
Filter this listDate of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Jun 13, 2022 | Acquisition | 2011 | Ghent (Belgium) | |
May 04, 2021 | Acquisition | 2015 | Austin (United States) | |
Dec 20, 2018 | Acquisition | 2014 | Ottawa (Canada) |
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Reports related to Corel
Here is the latest report on Corel's sector:
News related to Corel
Filter this listMedia has covered Corel for a total of 5 events in the last 1 year, 3 of them have been about company updates and 1 about partnerships.
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CorelDRAW Graphics Suite September Update Adds AI Vector Tools for Apparel and Sign MakersPR Newswire•Oct 15, 2026•Corel
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CorelDRAW Graphics Suite 2026 Recognized for Production-Ready Vector DesignPR Newswire•Sep 20, 2026•Corel
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Software Experts Names CorelDRAW Graphics Suite Best for T-Shirt and Print Design ProductionPR Newswire•Aug 09, 2026•Corel
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"Softbank - Corel" partnership expands into AI creation, exceeding 800 million unitsIT Media•Apr 24, 2026•SoftBank, Corel
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Singapore-based healthtech startup raises US$2.2M from investors including Gojek, Syfe foundersVulcan Post•Mar 18, 2025•Mito Health, Forge Ventures, Y Combinator, CapitalX and 2 others
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Corel acquires Awingu, expanding its secure remote workspace offeringGlobeNewswire•Jun 13, 2022•Corel, Awingu
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Corel’s Creative and Productivity Solutions Earn Top Marks in 22 G2 Winter 2022 Grid ReportsMarTech Series•Jan 07, 2022•Corel
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Corel Announces Michelle Chiantera as Chief Marketing OfficerGlobeNewswire•Aug 17, 2021•Corel, Cisco
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