STOs: 85
Upcoming: 0
Main sale: 4
Funded: 10
Follow us on Telegramand Twitter

Corl CORL

Corl is growth capital for startups.

Description

Established in 2016, Corl set out to change the way that startups raise capital. Our philosophy is simple, entrepreneurs should have access to the capital they need to grow their business at their own pace, on their own terms. Our team understands how capital and data drives growth, and what startups need to succeed, because we’re founders too.

What problem is Corl solving?
The current small business and startup funding gap is estimated at $850 billion in North America and royalty based financing is an evolution of that market gap. Corl has developed a platform to automate the underwriting process. Through the use of big data, machine learning, and advanced risk management, the innovative funding platform takes a business 10 minutes to apply, and investment decisions are made in under 2 weeks.

What are your revenue streams?
Corl's customers are primarily startups. We'll share in their revenue in exchange for up front growth capital. We have additional revenue streams based on deal referrals to other capital partners and 3rd party services.

Do you have an USP?
Corl's main differentiation is that our product is non-dilutive. Founders keep equity ownership in their company. Additionally, we are a much quicker application process when compared to traditional funding options. Corl can fund companies in as little as 2 weeks compared to the 3-9 month funding process offered by most VC's.
screenshot screenshot

General information

Private sale Ended
September 01, 2018
October 31, 2018
Country of origin:
Most often it is the country whose citizens are the main part of the team, or the country where the main office is located.
Canada
Issuance platform:
The platform implements the technical and legal part of the release of the STO.

Legal

Company name:
Corl Financial Technologies Inc.
Country of incorporation:

Asset

Asset class:
A group of securities that exhibits similar characteristics, behaves similarly in the marketplace and is subject to the same laws and regulations. The five main asset classes are equities (stocks), fixed income (bonds), cash equivalents (money market instruments), real estate, funds.
Token rights:
Tokens give their owner the right to implement investment interests. It may be dividends, voting rights, etc.

Token details

Symbol:
CORL
Blockchain:
Ethereum
Token type:
ST-20

Team members (15)

team
Sam Kawtharani
Co-Founder, CEO
team
Derek Manuge
Co-Founder, CTO & CRO
team
Michael Conn
Chief Investment Officer
team
Robert Bialek
Head of Engineering
team
Shane McQuillan
Head of Strategy
team
Ben Ames
Business Development Manager
team
Baaba Hughes
Community & Marketing Manager
team
Konrad Kipczak
Full Stack Developer
team
Erick Munoz
Full Stack Developer
team
Samuele Agostinelli
Full Stack Developer
team
Artur Kulmanowski
Full Stack Developer
team
Luiz Oliveira
Machine Learning Engineer
team
Pasha Zavari
Quant Developer
team
Sabena Quan-Hin
Marketing Associate
team
Carson Feng
Business Development Associate

Advisors (9)

advisor
Bill Tharp
Royalties
advisor
Lisa Koverko
Legal
advisor
Safwan Zaheer
FinTech
advisor
Ethan Wilding
Blockchain
advisor
Sandy Hershaw
Venture Capital
advisor
Matt Mcguire
Compliance
advisor
Mayco Quiroz
Treasury
advisor
Ben Clayton
Startups
advisor
Darren Franceshini
Blockchain

Other STOs