When it comes to dealing small businesses, the last thing you want is for the company you’re working with to renege on a transaction after you’ve contributed your half. Sending multiple invoices may be enough to annoy them into submission, but if that doesn’t work the legal fees and time involved with taking them to court usually isn’t worth it. Cortera, a new site that launched yesterday at DEMO Fall, is looking to help businesses avoid this kind of dispute.
Cortera can be thought of as a Yelp for business credit, offering reviews on large and small businesses alike that have been submitted by the community. In other words, it can help you figure out if a company you’re thinking of dealing with is going to pay you in a timely fashion, or if it’s run by deadbeats who should be avoided. → Read More
Cortera, a company that specializes in affordable solutions for business and corporate intelligence, has raised $8 Million in a round led by CIBC Capital Partners, Fidelity Ventures, and Battery Ventures. Cortera (formerly eCredit) makes Quicklook, a service that provides information relevant to credit analysis, and TREE, a navigational tool that visually represents a company’s organization. Cortera has created a comprehensive database of nearly every company in the United States, with related analytics for each. Fidelity Ventures acquired Cortera in 2006, and along with Battery, has provided $11 million in growth capital. CrunchBase Information Cortera Information provided by CrunchBase → Read More
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