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.
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.
General information
Private sale ●Ended
September 01, 2018
October 31, 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.
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.
Regulation(s):
![](/icache/files/regulators/1/211889d1c116377be3aed4c97cc8564bd_16x16.png)
Token details
Symbol:
CORL
Blockchain:
Ethereum
Token type:
ST-20