When was Corvil founded?

Corvil was founded in 2000 and raised its 1st funding round 3 years after it was founded.

Where is Corvil located?

Corvil is headquartered in New York City, United States.

How many employees does Corvil have?

As of May 31, 2026, the latest employee count at Corvil is 58.

Is Corvil a funded company?

Corvil is a funded company, having raised a total of $42M across 3 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Mar 28, 2003.

When was the latest funding round of Corvil?

Corvil's latest funding was a $***** Series C round on Jul 10, 2008, with participation from 3 investors.

Where does Corvil rank among its competitors?

Corvil ranks 76th amongst 1173 active competitors, of which 189 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was MIND, which secured $30M in Jun, 2025.

Who are the top competitors of Corvil?

Corvil's top competitors include Splunk, InfluxData and Cytora. Among them, MIND secured the most recent funding round in June, 2025.

Corvil - 2026 Company Profile, Team, Funding & Competitors

Q: Is Corvil an acquired company?

Corvil got acquired by Pico on Jul 09, 2019.

Corvil is an acquired company based in New York City (United States), founded in 2000 by Raymond Russell and Fergal Toomey. It operates as a Financial technology solutions provider for high-performance trading and analytics. Corvil has raised $42M in funding from investors like Apax, Act Venture Capital and Cisco Investments. The company has 1173 active competitors, including 189 funded and 128 that have exited. Its top competitors include companies like Splunk, InfluxData and Cytora.

Company Details

Financial technology solutions provider for high-performance trading and analytics. The company delivers comprehensive technology services connecting financial markets globally. It specializes in providing access to numerous exchange and venue products, empowering high-performance trading with real-time network monitoring and performance analytics. The company offers a range of solutions including analytics, trading applications, managed services, connectivity, and infrastructure. These solutions cater to various sectors within the financial industry, such as global banks, hedge funds, exchanges, and electronic market makers. The company provides infrastructure, cloud, data, software, and analytics solutions that power mission-critical applications for sophisticated financial institutions. Services include colocation, hosting, cloud solutions, device management, and expert support. The company aims to provide an operational edge in the fast-paced world of financial markets through its technology services.

Website: corvil.com
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Key Metrics

Founded Year

2000

Location

New York City, United States

Stage

Acquired

Total Funding

$42M in 3 rounds

Latest Funding Round

Series C, Jul 10, 2008, $*****

Investors

Apax & 6 more

Ranked

76^th among 1173 active competitors

Employee Count

58 as on May 31, 2026

Similar Companies

Splunk & 1379 more

Exit Details

Acquired by Pico (Jul 09, 2019)

View Corvil's full profile

Corvil is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
CORVIL INC CIN: 200825710 , United States, Active	Dec 31, 1999	-	18 (As on Dec 31, 2015)	-

Corvil got acquired by Pico on Jul 09, 2019 at an acquisition amount of $*****.

Click here to take a look at Corvil's acquisition in detail

Corvil has raised a total funding of $42M over 3 rounds. Its first funding round was on Mar 28, 2003. Its latest funding round was a Series C round on Jul 10, 2008 for $*****. 3 investors participated in its latest round. Corvil has 7 institutional investors.

Here is the list of recent funding rounds of Corvil:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 10, 2008	5655013	Series C	4839635	3300711	2760374	2488883
Feb 11, 2005	8408910	Series C	3282193	7865544	3673626	2501092
Mar 28, 2003	3333003	Series A	7855044	8314412	Cisco Investments & 2 more	4856592

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View details of Corvil's funding rounds and investors

The founders of Corvil are Raymond Russell and Fergal Toomey.

Here are the details of Corvil's key team members:

Raymond Russell: Co-Founder & CTO of Corvil. They are also an angel investor in 4 startups.
Contact Info: 1 email address
Fergal Toomey: Co-Founder & Chief Scientist of Corvil.

View details of Corvil's Founder profiles and Board Members

Corvil's employee count trend

Corvil has 58 employees as of May 26. Here is Corvil's employee count trend over the years:

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Top competitors of Corvil include Splunk, InfluxData and Cytora. Here is the list of Top 10 competitors of Corvil, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Splunk 2003, San Jose (United States), Acquired	Provider of security and observability solutions that enable digital resilience	$40M	August Capital, Sevin Rosen & 19 others	82/100
2nd	InfluxData 2012, San Francisco (United States), Series E	Developer of a time series database platform for various applications	$189M	Y Combinator, Sapphire Ventures & 17 others	69/100
3rd	Cytora 2012, London (United Kingdom), Acquired	Risk management solutions for insurers and underwriters	$41.5M	EQT, Parkwalk & 41 others	67/100
4th	Shift Technology 2014, Paris (France), Series D	Provider of AI solutions for insurance underwriting, claims, and risk	$320M	Accel, Bessemer Venture Partners & 15 others	67/100
5th	Credit Benchmark 2012, London (United Kingdom), Series B	Credit risk data aggregator of banks	$35.6M	Index Ventures, Balderton Capital & 12 others	66/100
6th	OpenGamma 2009, London (United Kingdom), Acquired	Platform that provides SaaS based solutions for derivatives risk analytics	$74.9M	Accel, ICAP & 9 others	66/100
7th	Secoda 2021, Toronto (Canada), Acquired	Provider of an AI platform for data and analytics solutions	$16.3M	Craft Ventures, Y Combinator & 9 others	65/100
8th	Munich Re 1880, Munich (Germany), Public	Platform offering insurance risk management solutions	-	OnRamp Insurance Conference, Europa & 1 others	64/100
9th	Quantexa 2016, London (United Kingdom), Series F	Developer of decision intelligence software for data analysis and management	$545M	GIC, Dawn Capital & 14 others	63/100
10th	MIND 2023, Seattle (United States), Series A	Platform offering data management solutions	$41M	Crosspoint Capital Partners, YL Ventures & 5 others	62/100
76th	Corvil 2000, New York City (United States), Acquired	Financial technology solutions provider for high-performance trading and analytics	$42M	European Investment Fund, Rally Ventures & 5 others	47/100