Cortexica is a provider of visual search and mobile image recognition technology for the Retail Industry. The Company's vision platform is used by global retailers, brands, and technology companies to power real-time consumer-based image search from within large image based inventory databases. Cortexica’s bio-inspired visual search platform is efficient, scalable and accurate image search product of its kind. With it, retailers and major brand owners are enabling their customers to start their individual searches for clothing or accessories by just by taking a picture.
Type
Private
HQ
London, GB
Founded
2009
Size (employees)
47 (est)+10%
Cortexica was founded in 2009 and is headquartered in London, GB
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Key People/Management at Cortexica

Iain McCready

Iain McCready

CEO

Cortexica Office Locations

Cortexica has an office in London
London, GB (HQ)
91 Waterloo Rd
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Cortexica Financials and Metrics

Summary Metrics

Founding Date

2009

Total Funding

$9.2 m

Latest funding size

$2.51 m

Time since last funding

a year ago

Investors

Cortexica's latest funding round in April 2017 was reported to be $2.5 m. In total, Cortexica has raised $9.2 m

Cortexica Financials

Cortexica's revenue was reported to be £477.24 k in FY, 2016
GBP

Revenue (FY, 2016)

477.2 k

Net income (FY, 2016)

(2.4 m)

EBITDA (FY, 2016)

(2.5 m)

EBIT (FY, 2016)

(2.5 m)

Cash (31-Dec-2016)

161.8 k
GBPFY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

119.4 k42.5 k233 k906.9 k410.5 k193.9 k477.2 k

Revenue growth, %

(53%)

Cost of goods sold

715

Gross profit

41.8 k
GBPFY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

(188.7 k)(730.3 k)(664.2 k)(836.1 k)(426.8 k)(1.5 m)(2.9 m)(2.4 m)

Income Taxes Paid

64.3 k358.1 k
GBPY, 2016

Revenue/Employee

14.8 k

Financial Leverage

-0.1 x
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