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Company profile: Cortex

1.1 - Company Overview

Cortex Logo

Cortex

Headquarter: Canada
Founded: 20XX🔒
Employees: 100-500🔒

Company description

  • Provider of digital transformation solutions focused on revolutionizing B2B document exchange. Offers a B2B network that replaces paper-based manual systems with automated electronic invoicing, delivering scalability and flexibility for buying and supplying organizations.

Products and services

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Key contacts

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Financial details

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1.2 - Competitors and similar companies to Cortex

Xavier Analytics Logo

Xavier Analytics

HQ: United Kingdom Website
  • Description: Provider of a Xero companion toolkit for accounting professionals to clean, analyze, and report on Xero data. Features include anomaly and duplicate detection, tracking data health, performance metrics and key liabilities, AI-driven insights, custom pivot-table reporting, Xero health checks, onboarding and pricing reviews using health scores, and a practice dashboard to monitor KPIs across clients.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Xavier Analytics company profile →
Xelix Logo

Xelix

HQ: United Kingdom Website
  • Description: Provider of AI-driven accounts payable automation that analyzes invoices, statements, and vendor data, integrates with ERP and finance systems to detect payment discrepancies and fraudulent activities, automate supplier statement reconciliations, monitor payables in real time, manage vendor master data, automate vendor helpdesk queries, and deliver self-serve analytics and Procure-to-Pay reporting dashboards.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Xelix company profile →
Armatic Logo

Armatic

HQ: United States Website
  • Description: Provider of a data-driven customer payment and recurring billing AR platform that automates invoice collection workflows to accelerate Quote-to-Cash cycles, streamline billing, and reduce operating expenses, with integrated automated communications via email, SMS, letters, and phone calls, and models that update based on machine learning.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Armatic company profile →
Macabacus Logo

Macabacus

HQ: United States Website
  • Description: Provider of Microsoft Office add-ins for Excel, PowerPoint, and Word for finance professionals that enhance productivity, accuracy, and brand compliance in financial modeling and presentations; financial modeling tools; presentation automation; shared content management; customization services to reflect firm design standards; and instructor-led and on-demand training.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Macabacus company profile →
N2F Logo

N2F

HQ: France Website
  • Description: Provider of expense and invoice management software to capture and process receipts and mileage; Smart Scan extracts receipt data (date, vendor, amount, VAT) in 0.8 seconds; automates mileage and per diem with Google Maps and up-to-date rates; offers electronic archiving with legal value for up to 10 years; integrates with accounting; and provides mobile approvals, bank reconciliation, analytics updates, optional payment cards, and customer support.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full N2F company profile →
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2.M&A buyers

2.1 Potential strategic acquirers in the sector

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2.2 - Strategic buyer groups for Cortex

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Buyer group 1: ████████ ████████

●● companies
Description: ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████
Key Products: ████████, ████████, ████████, ████████
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Buyer group 2: ████████ ████████

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Description: ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████
Key Products: ████████, ████████, ████████, ████████
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Buyer group 3: ████████ ████████

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Description: ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████
Key Products: ████████, ████████, ████████, ████████
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3. Investors and private equity firms

3.1 - Buyout funds investing in similar companies to Cortex

2.2 - Growth funds investing in similar companies to Cortex

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4 - Top valuation comps for Cortex

4.2 - Public trading comparable groups for Cortex

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4.3 - M&A Transactions similar to Cortex

Selected M&A transactions

Date Target Description Buyer(s) Relevance EV EV/Revenue EV/EBITDA
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Frequently Asked Questions

About Cortex

What does Cortex do?

Cortex is a provider of digital transformation solutions focused on revolutionizing B2B document exchange. Offers a B2B network that replaces paper-based manual systems with automated electronic invoicing, delivering scalability and flexibility for buying and supplying organizations.

Who are Cortex's competitors?

Cortex's competitors and similar companies include Xavier Analytics, Xelix, Armatic, Macabacus, and N2F.

Where is Cortex headquartered?

Cortex is headquartered in Canada.

How many employees does Cortex have?

Cortex has 1,000 employees 🔒.

When was Cortex founded?

Cortex was founded in 2010 🔒.

What sector and industry vertical is Cortex in?

Cortex is in the Enterprise Software 🔒 sector and industry

M&A Buyers & Acquirers for Cortex

Who are the top strategic acquirers in Cortex's sector and industry

Top strategic M&A buyers and acquirers in Cortex's sector include ████████, ██████████, ██████, ████████, and ██████████ 🔒.

Which M&A buyer groups are most relevant for Cortex?

Top strategic M&A buyers groups and sectors for Cortex include █████████████████ , ████████████████, █████████████, ████████████, and ████████████████ 🔒.

Financial Investors investing in Cortex's sector and industry vertical

Which are the top PE firms investing in Cortex's sector and industry vertical?

Top PE firms investing in Cortex's sector and industry vertical include ████████, ██████████, ████████, and ██████████ 🔒.

Who are the top buyout funds acquiring in Cortex's sector and industry vertical?

Active PE funds and buyout funds acquiring companies in Cortex's sector and industry vertical include █████████, ██████████, ████████████, and ████████████ 🔒.

Who are the top growth equity funds investing in companies in Cortex's sector and industry vertical?

Growth funds and venture capital funds investing in companies similar to Cortex include █████████, ██████████, ████████████, and ████████████ 🔒.

Valuation benchmarks of companies in Cortex's sector and industry

Which are the key public companies that are relevant trading comps benchmarks for Cortex?

The key public trading comparables and valuation benchmarks for Cortex include █████████, ██████████, ████████████, and ████████████ 🔒.

Which are the key trading comparable groups for Cortex for public valuation benchmarks?

Our platform tracks detailed public trading comparable groups and valuation benchmarks for Cortex with complete valuation multiples, growth metrics, and profitability data. Access the full database to benchmark your company against relevant public comparables.

What are recent M&A transactions in Cortex's sector and industry vertical?

Our platform tracks relevant M&A transactions comparables and valuation benchmarks for Cortex with complete deal terms, valuation multiples, and strategic rationale. Access the full database to benchmark pricing and identify active acquirers.

What are recent capital raises and funding rounds in Cortex's' sector and industry vertical?

Access recent funding rounds and capital raises in Cortex's sector and industry vertical including growth equity, venture capital, and buyout investments. Our database includes round size, lead investors and valuations.

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