The people
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Working at Corl
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On the TechTO stage
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About
Corl offered what it called capital as a service: it advanced money to companies with recurring revenue and product-market fit, then took a percentage of revenue until repayment, with no board seat and no equity. In 2018 it went a step further and built a security token that represented ownership in Corl itself, paying holders a quarterly share of profits — an argument its CEO brought to FintechTO that January, at the height of the utility-token boom. The company was later acquired by Napkin and corl.io now redirects there.
Backers
Acquired by Napkin; earlier funding not confirmed from a primary source
Quick answers
What did Corl do?
It financed early-stage companies by taking a percentage of their revenue until repayment, instead of taking equity, a board seat or charging a fixed interest rate.
What was the Corl token?
A security token representing ownership in Corl, paying holders a quarterly share of the company's profits — distinct from the utility tokens that dominated 2017 and 2018 offerings.
Is Corl still operating?
No. It was acquired by Napkin and its domain now redirects there.