Coretex logo
Founded 2015

Coretex

2021 Revenue

$5.4M

YOY

Funding

$0.0

How Coretex hit $5.4M in Revenue with 100K Customers in 2021.

About Coretex

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.

Monthly Revenue

$449.9K

Total Expenses

$449.9K

=
Net Income

$0.0

Ebidta Margin

0.00%

+
YOY Growth

=
Rule of 40

0


Headquarters

AucklandNew Zealand
$Funding$Revenue

Coretex Revenue

In 2021, Coretex revenue run rate hit $5.4M in revenue.

$5.4M

Coretex Valuation and Funding History

Why are so many SaaS founders taking money from Founderpath.com instead of VC's?
Funding DateRoundAmountTotalValuation

Customers

Coretex has 100K customers.

Lifetime Months

×
Monthly ARPU

=
Lifetime Dollars


Acquisition Cost

Average Annual Price

$0$0.0024681012

Churn

Coretex has an annual churn rate of 0.00%

Churn vs Expansion

-100-500%50100
Gross Annual Dollar Churn

-0.00%

Annual Dollar Expansion

0.00%

Net Revenue Retention

0.00%

Team

Employees

Coretex has 160 employees. They have 11 sales reps that carry a quota They have an engineering team of 44. and a marketing team of 1.

2021
DistributionQty

Total Team Size

160

Engineers

44 (28%)

Sales

11 (7%)

Marketing

1 (1%)

CEO/Founder

Selwyn Pellett

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


CEO Q&A

What's your age?

-

Favorite online tool?

-

Favorite book?

-

Favorite CEO?

-

Advice for 20 year old self

-


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Frequently Asked Questions about Coretex

When was Coretex founded?

Coretex was founded in 2015.


Who is the CEO of Coretex?

The CEO of Coretex is Selwyn Pellett


How many employees does Coretex have?

Coretex has 160 employees.

How much revenue does Coretex generate?

Coretex generates $5.4M in revenue.


How much funding does Coretex have?

Coretex has raised $0.0.


Where is Coretex headquarters?

Coretex is headquartered at AucklandNew Zealand

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