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CoreTigo
Enables faster and flexible manufacturing with high-performance industrial wireless automation solutions for machine builders
About CoreTigo
CoreTigo is a pioneering company in the field of industrial wireless communication, offering high-performance IO-Link Wireless solutions. These solutions are designed to enhance the capabilities of machine builders, system integrators, and industrial equipment manufacturers. CoreTigo operates in the industrial automation market, focusing on providing intelligent and flexible wireless solutions that improve manufacturing processes.
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The company's primary product offerings include wireless communication systems that enable the use of sensors and actuators on independent mover transport tracks. This technology facilitates simple data collection, real-time control, and innovative packaging applications that were previously not possible. CoreTigo's solutions are particularly beneficial for packaging machinery, allowing for higher precision, predictive maintenance, improved quality, and enhanced safety.
CoreTigo serves a diverse range of clients, including machine builders, system integrators, and large industrial equipment manufacturers like Schneider Electric. The company’s business model revolves around selling its wireless communication solutions and related services. By providing easy retrofit solutions for existing machines, CoreTigo helps clients upgrade their equipment without significant downtime or cost.
The company generates revenue through the sale of its wireless communication products, as well as through ongoing service and support contracts. CoreTigo also engages in partnerships and collaborations with other industry leaders to expand its market reach and enhance its product offerings.
In summary, CoreTigo is at the forefront of industrial wireless communication, offering innovative solutions that improve manufacturing efficiency and flexibility. The company’s focus on real-time control and monitoring, along with its easy retrofit solutions, positions it as a key player in the industrial automation market.
At a glance
- Status
- Operational
- Founded
- 2017
- Headquarters
- Netanya, Israel
- Employees
- 20
- Open positions
- None listed
- Dealroom signal
- 62.1/100
- Industry
- Telecom, Engineering and Manufacturing Equipment
- Sector
- Telecom, Industry 4.0, Industrial Technology, Industrial Connectivity, Hard Tech, Horizon Europe, DT and LS, science-based
- Technology
- Hardware, Deep Tech
- Business model
- Manufacturing
- Client focus
- b2b
Latest news
Press, funding announcements and product moves mentioning CoreTigo.
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES B✓Equity / VC | Jun 2023 | $5M | $65M | Verizon Ventures · Amazon Industrial Innovation Fund · Emerson Ventures · Qualcomm Ventures | ↗ |
| LATE VC✓Equity / VC | Sep 2022 | — | — | Qualcomm Ventures · Meitav Investment House · CARDUMEN CAPITAL · Magma Venture Partners | ↗ |
Growth signals
Latest recorded traffic for CoreTigo is 1.2K monthly website visits, down 90% over the last three months. CoreTigo's team declined 45.9% over the past year.
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed2 investors entered at this stage
Magma Venture Partners
European Innovation Council
Series A7 investors entered at this stage
Qualcomm Ventures
Sierra Ventures
Meron Capital
CARDUMEN CAPITAL
Lenovo Capital and Incubator Group (LCIG)
Verizon Ventures
Amazon Industrial Innovation Fund
Series B and later2 investors entered at this stage
Meitav Investment House
Emerson Ventures
Other known investors3 additional known investors
10D
7GC
NEVA SGR
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about CoreTigo on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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