The Blockchain Industry Group (BIG) is pleased to feature one of our BIG Friends, Corl.
“Our philosophy is simple; businesses should have equitable access to fast, fair, and flexible financing through revenue sharing.” – Corl
Founded in 2016, Corl continues to help startups grow. As a financial technology company, they use “big data, machine learning, and advanced risk management to evaluate startups” which helps startups immensely when it comes to raising capital quickly.
“The best analogy to what we’ve created is how the coral reefs influence their underwater ecosystems. We provide access to non-dilutive capital (coral reefs), providing shelter from sharks (VC’s) and other predators for startups and small businesses (fish) in the digital economy (ocean). Our goal is to improve life for entrepreneurs regardless of race or genetic makeup, by eliminating bias in the underwriting process, providing fast decision and turnaround times on funding and analysis/insights into your company’s health and financial future.” – Corl.io
Last year, Corl’s Founder and CEO, Derek Manuge chatted with Float or Founder and they talked more about Corl, how it helps business differently, how it’s more flexible than debt financing, and how it’s cheaper than equity financing.
Currently, Corl works with companies such as Techstars, DMZ, Firepower Capital, Flow Capital, IOU Financial, lendified and Lending Loop. To learn more about Corl and how it works, visit their website here: https://corl.io/