Coreworx - About the company
Coreworx is an acquired company based in Kitchener (Canada), founded in 1997. It operates as a Project execution cost control. Coreworx has raised $8.67M in funding. The company has 181 active competitors, including 7 funded and 19 that have exited. Its top competitors include companies like AspenTech, CSE Global and Aker Solutions.
Company Details
Coreworx is a software and services company. It builds integrated project information management software for the world's most complex projects across oil & gas, power and mining sectors.
- Website
- coreworx.com
- Social
Key Metrics
Founded Year
1997
Location
Kitchener, Canada
Stage
Acquired
Total Funding
$8.67M in 1 round
Latest Funding Round
Investors
Ranked
18th among 181 active competitors
Investment & Acquisitions
Exit Details
Acquired by Vela Software (Oct 01, 2018)
Coreworx's acquisition details
Coreworx got acquired by Vela Software on Oct 01, 2018.
Click here to take a look at Coreworx's acquisition in detail
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Coreworx's funding and investors
Coreworx has raised a total funding of $8.67M over 1 round. Its latest funding round was a Series B round on Apr 04, 2005 for $*****. 7 investors participated in its latest round. Coreworx has 8 institutional investors.
Here is the list of recent funding rounds of Coreworx:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 04, 2005 | 1664220 | Series B | 7485053 | 7061225 | 7033850 | 3329291 |
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Coreworx's Competitors and alternates
Top competitors of Coreworx include AspenTech, CSE Global and Aker Solutions. Here is the list of Top 10 competitors of Coreworx, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | AspenTech 1981, Bedford (United States), Acquired | Provider of enterprise asset performance management, asset performance monitoring, and asset optimization software solutions | $100M | 73/100 | |
2nd | CSE Global 1985, Singapore (Singapore), Public | System integration and automation solutions provider | - | 57/100 | |
3rd | Aker Solutions 1841, Oslo (Norway), Acquired | Provider of diversified solutions for the oil and gas industry | - | 54/100 | |
4th | Detechtion 2000, Calgary (Canada), Acquired | Provider of asset performance management software for the oil and gas sector | - | 49/100 | |
5th |  SitePro 2012, San Antonio (United States), Series E | Provider of cloud-based software solutions for water and wastewater management | $16.2M | 48/100 | |
6th |  ComboCurve 2017, Humble (United States), Series B | Provider of cloud-based operating solutions for the oil and gas industry | $50M | 42/100 | |
7th | WellAware 2012, San Antonio (United States), Series B | Offering monitoring and management services for oil industry | $60.4M | 41/100 | |
8th | Aster Chemicals Energy Singapore (Singapore), Unfunded | Provider of energy, engineering, fuels, petrochemicals and sustainable products | - | - | 40/100 |
9th | Sunda Energy 2004, London (United Kingdom), Public | Developer of gas resources involved in providing energy solutions | - | - | 40/100 |
10th | Rockfield Global 1984, Swansea (United Kingdom), Acquired | Platform providing software solutions for the energy and nuclear industries | - | 38/100 | |
18th | Project execution cost control | $8.67M | 33/100 |
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Coreworx's Investments and acquisitions
Coreworx has acquired Decision Dynamics Technology. Coreworx has not made any investments as of now.News related to Coreworx
Filter this list•
Jacobs Engineering Group selects Coreworx Interface Management for Refinery ProjectPR Newswire•Jul 23, 2019•Jacobs, Coreworx
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SOCAR Turkey Signs Agreement for Coreworx Contract ManagementPR Newswire•Jun 06, 2018•Coreworx, SOCAR Turkey
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Major Chemical Company Signs Agreement for Coreworx Interface ManagementPR Newswire•Apr 19, 2018•Coreworx
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Major Oil Company Extends Coreworx Interface Management Contract for ProjectsPR Newswire•Nov 22, 2017•Coreworx
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Coreworx Announces New Request for Information Express SaaS Release for ProjectsPR Newswire•Sep 21, 2017•Coreworx
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Coreworx Announces New Change Management Express SaaS Release for ProjectsPR Newswire•Sep 14, 2017•Coreworx
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Coreworx Interface Management Implemented at Petrochemical Complex Project in Oman (Scandinavian OilScandinavian Oil-Gas Magazine•Jan 23, 2017•Coreworx
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