Coreworx Overview

  • Year Founded
  • 1997

Year Founded

  • Status
  • Acquired/​Merged

  • Latest Deal Type
  • M&A

  • Financing Rounds
  • 6

  • Investments
  • 2

Coreworx General Information

Description

Provider of project information and cost control services for projects in the oil and gas, power and mining sectors. The company's integrated information management software includes Engineering Document Management Systems, Interface Management and Contract Management enabling EPCs, owner-operators and contractors to automate practices, mitigate business risks and improve performance to budget throughout the entire project lifecycle.

Contact Information

Website
www.coreworx.com
Formerly Known As
Software Innovation
Ownership Status
Acquired/Merged
Financing Status
Corporate Backed or Acquired
Corporate Office
  • 22 Frederick Street
  • Suite 800
  • Kitchener, Ontario N2H 6M6
  • Canada
Primary Industry
Systems and Information Management
Other Industries
Business/Productivity Software
Acquirer
Vela Software
Vertical(s)
Oil & Gas, SaaS, TMT
Corporate Office
  • 22 Frederick Street
  • Suite 800
  • Kitchener, Ontario N2H 6M6
  • Canada

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Coreworx Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA		 Post-Val Status Debt

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Coreworx Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Provider of project information and cost control services for projects in the oil and gas, power and mining sectors. The
Systems and Information Management
Kitchener, Canada

Cary, NC
 

North Vancouver, Canada
 
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Coreworx Competitors (41)

One of Coreworx’s 41 competitors is Brightly Software, a Formerly PE-Backed company based in Cary, NC.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Brightly Software Formerly PE-Backed Cary, NC
Explorer Software Formerly PE-Backed North Vancouver, Canada
Archibus Corporate Backed or Acquired Sandy, UT
simPRO Software Private Equity-Backed Eight Mile Plains, Australia
CoConstruct Private Equity-Backed Charlottesville, VA
You’re viewing 5 of 41 competitors. Get the full list »

Coreworx Patents

  • 6

    Total Documents Applications and Grants

  • Total Patents Families

  • Granted

  • Pending

  • Expiring in next 12 mo

Coreworx Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
CA-2814433-A1 System and method for interface management Inactive 15-Mar-2013
US-20140278639-A1 System and method for interface management Inactive 15-Mar-2013
AU-2013205653-A1 System and method for interface management Inactive 15-Mar-2013
CA-2845234-A1 System and method for owner endorsement in interface management Inactive 08-Mar-2013
US-20140258138-A1 System and method for owner endorsement in interface management Inactive 08-Mar-2013 G06Q50/08
To view Coreworx’s complete patent history, request access »

Coreworx Former Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Coreworx Acquisitions (2)

Coreworx’s most recent deal was a Merger/Acquisition with Ascertra. The deal was made on 01-Jul-2022.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Ascertra 01-Jul-2022 Merger/Acquisition Business/Productivity Software
Decision Dynamics 02-Mar-2010 Merger/Acquisition Automation/Workflow Software
To view Coreworx’s complete acquisitions history, request access »

Coreworx FAQs

  • When was Coreworx founded?

    Coreworx was founded in 1997.

  • Where is Coreworx headquartered?

    Coreworx is headquartered in Kitchener, Canada.

  • What industry is Coreworx in?

    Coreworx’s primary industry is Systems and Information Management.

  • Is Coreworx a private or public company?

    Coreworx is a Private company.

  • What is Coreworx’s current revenue?

    The current revenue for Coreworx is .

  • How much funding has Coreworx raised over time?

    Coreworx has raised $16.5M.

  • Who are Coreworx’s investors?

    Acorn Energy, BDC Capital, BEST Funds, Covington Capital Corporation, and Golden Triangle Angelnet are 5 of 9 investors who have invested in Coreworx.

  • Who are Coreworx’s competitors?

    Brightly Software, Explorer Software, Archibus, simPRO Software, and CoConstruct are some of the 41 competitors of Coreworx.

  • When was Coreworx acquired?

    Coreworx was acquired on 01-Oct-2018.

  • Who acquired Coreworx?

    Coreworx was acquired by Vela Software.

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