Cordel logo — Fagsystem for håndverkere

Cordel

Fagsystem for håndverkere

Founded 1987 Norway Norway 31 employees Debt Financing Information Technology

General Information

Company Name Cordel
Founded Year 1987
Location Norway Norway
Employees 31
Industries Information Technology
Funding Stage Debt Financing
Social

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About Cordel

Cordel is a Norwegian startup providing fagsystem for håndverkere (tradesmen). With a history dating back to 1987, Cordel has been instrumental in cost reduction, efficiency improvement, and enhancing the competitiveness of small and medium-sized businesses in Norway. The company boasts a strong customer loyalty and several success stories, positioning itself as a key player in the Information Technology industry.

The cornerstone of Cordel's success lies in its fagsystem, which caters to entrepreneurs, craftsmen, and trade businesses. The company offers a single, flexible IT system that efficiently handles sales and administrative tasks, streamlining processes for its clientele.

Notably, Cordel secured a Debt Financing investment on 17 April 2019, with Armada Credit Partners as the investors. This investment has likely contributed to the company's ongoing growth and market expansion.

With its focus on enabling efficiency and competitiveness in the trades and small business sector, Cordel presents a compelling investment opportunity in the evolving landscape of IT solutions for businesses.

Taxonomy: craftsmen, artisan, invoicing, ERP systems, Norway, Ålesund

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Debt Financing Undisclosed 1
Armada Credit Partners
17 Apr 2019

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FAQ About Cordel

Fagsystem for håndverkere
Cordel was founded in 1987.
Cordel is headquartered in Norway.
Cordel operates in Information Technology. Its work centres on craftsmen, artisan, invoicing and ERP systems.
Cordel has approximately 31 employees.
Cordel has completed 1 funding round. The latest funding stage is Debt Financing.
Top alternatives and competitors to Cordel include DDD Invoices - One API, global invoicing compliance, InvoiceQ, Xolvis GmbH, ASASAT Advanced Systems, CustomOffice - farvel papir!. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Cordel and DDD Invoices - One API, global invoicing compliance are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Cordel, https://bouncewatch.com/company/cordel, updated 14 January 2025. When citing, please name BounceWatch and link this page.

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