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Cordys logo

Cordys

Putten, Canada

Valuation

$68.6M

2020 Revenue

$22.9M

Customers

400

Funding

$80M

Avg ACV

$57.2K

Team

255

Founded

1991

How Cordys CEO Mark Barrenechea grew to $22.9M revenue and 400 customers in 2020.

Cordys is now OpenText.

Last updated

Cordys Revenue

In 2020, Cordys's revenue reached $22.9M. Since its launch in 1991, Cordys has shown consistent revenue growth.

Cordys Revenue GrowthReported revenue / ARR over time$0$5M$10M$15M$20M$25M1991199319951997199920012003200520072009201120132015201720192020$0$22.9MSource: GetLatka.com
YearMilestoneQuote
2020Cordys Hit $22.9m revenue in August 2020
1991Launched with $0 revenue

Cordys Valuation, Funding Rounds

Cordys's most recent disclosed valuation is $68.6M.

Cordys has raised $80M in total funding across 1 round, most recently a $80M Private Equity Round round in 2007.

Cordys Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$20M$0.4$40M$0.6$60M$0.8$80M$1$100M199119931995199719992001200320052007Source: GetLatka.com
YearRoundAmountValuation% SoldQuote
2007Private Equity Round$80M--

Founder / CEO

Mark Barrenechea

CEO

Mark Barrenechea is listed as CEO at Cordys.

Q&A

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Customers

Cordys serves 400 customers.

Cordys Employees & Team Size

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 Team GrowthReported headcount over time060120180240300199119931995199719992001200320052007200920112013201520172019202000255255Source: GetLatka.com
YearMilestone
2020Reached 255 employees (December 2020)
2020Reached 254 employees (August 2020)
2020Reached 255 employees (June 2020)
2019Reached 258 employees (December 2019)
2018Reached 257 employees (December 2018)

Frequently Asked Questions about Cordys

What is Cordys's revenue?

Cordys generates $22.9M in revenue.

Who founded Cordys?

Cordys was founded by Mark Barrenechea.

Who is the CEO of Cordys?

The CEO of Cordys is Mark Barrenechea.

How much funding does Cordys have?

Cordys raised $80M across 1 round.

How many employees does Cordys have?

Cordys has 255 employees.

Where is Cordys headquarters?

Cordys is headquartered in Putten, Canada.

Data and Sources

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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