How Coretex hit $5.4M Revenue with 100K customers in 2022.
Developer of applications for the freight and logistics industry. The company offers an in-vehicle computer that is designed to provide fleet managers a tool to collect information about their vehicles, drivers and journeys. The company also offers a reporting and visualization application that complements information retrieved from ibright hardware.
In 2022, Coretex revenue run rate hit $5.4M in revenue.
Coretex hit $5.4M in revenue in 2021
Coretex launched in 2015 with $0 revenue
Coretex Funding History
Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?
Coretex has 160 total employees and 11 sales reps that carry a quota. They have 100000 customers an engineering team of 44 and a marketing team of 1
Total team size
Founder and CEO of Coretex Ltd (Created by merger of International Telematics Holdings Limited and Imarda Ltd), Co founder and Director of Swaytech Ltd, Director of Sublime Group Ltd, Director of Nat Group Pty Ltd.
Focused on improving the standing of living in New Zealand by building companies, and creating high value jobs that can help deliver a sustainable, High Wage, High Growth, Hi Tech economy.
Previously Co founder, CEO and Chairman of Endace Ltd. As former CEO and co-founder of the Endace Ltd I lead Endace to be the first New Zealand registered company to list on the UK's AIM stock market in June 2005. Endace was sold to Emulex in March 2013.
Selwyn has worked in the electronics industry in New Zealand, Australia and Asia for over 20 years with the last 12 years focused on the global Network Security and Telematics markets. His extensive experience in international sales, marketing, strategic planning and supply chain management in small start-ups through to multi-billion dollar corporations gives Selwyn a unique perspective on New Zealand into global markets.
Specialties: Strategic planning, International Sales (to large corporates and governments), B2B Marketing and Supply Chain Management