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Putten, Canada
Cordys is now OpenText.
Last updated
In 2020, Cordys's revenue reached $22.9M. Since its launch in 1991, Cordys has shown consistent revenue growth.
Cordys reached a $68.6M valuation in 2025, set during its M&A Offer round.
Cordys has raised $80M in total funding across 1 round, most recently a $80M Private Equity Round round in 2007.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2025 | M&A Offer | - | $68.6M | - | |
| 2007 | Private Equity Round | $80M | - | - |
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Cordys serves 400 customers.
Cordys employs approximately 255 people as of 2026, down from 258 in 2019, including 18 sales reps that carry a quota. It serves 400 customers that rely on its solutions.
Cordys generates $22.9M in revenue.
Cordys was founded by Mark Barrenechea.
The CEO of Cordys is Mark Barrenechea.
Cordys raised $80M across 1 round.
Cordys has 255 employees.
Cordys is headquartered in Putten, Canada.
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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Valuation
$68.6M
2020 Revenue
$22.9M
Customers
400
Funding
$80M
Avg ACV
$57.2K
Team
255
Founded
1991
| Year | Milestone | Source |
|---|---|---|
| 2020 | Cordys Hit $22.9m revenue in August 2020 | |
| 1991 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 2020 | Reached 255 employees (December 2020) | |
| 2020 | Reached 254 employees (August 2020) | |
| 2020 | Reached 255 employees (June 2020) | |
| 2019 | Reached 258 employees (December 2019) | |
| 2018 | Reached 257 employees (December 2018) |
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