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Coretex revenue is $5.4 million

Coretex team size is 160 employees


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Coretex

- Auckland, New Zealand

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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.

Founded

2015

Founded

Revenue

$5.4M

2022 Revenue

YOY
-----

YOY

Funding
$0.0

Funding


Coretex Revenue

In 2022, Coretex revenue run rate hit $5.4M in revenue.

  • 2021

    Coretex hit $5.4M in revenue in 2021

  • 2015

    Coretex launched in 2015 with $0 revenue

$5.4M

Coretex Funding History

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

    FUNDING DATEROUNDAMOUNTVALUATION

    Team

    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

    2021
    DISTRIBUTIONQTY
    Total team size
    160
    Engineer
    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

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    Customers

    Coretex has 100K customers.

    Lifetime Months

    -

    x

    Monthly ARPU

    -

    =

    Lifetime Dollar

    -

    Acquisition Cost

    -

    Average Annual Price

    -

    $0$0024681012
    $0$0024681012

    Churn

    Coretex has an annual churn rate of 0.00%.

    -100-500%50100

    Gross Annual Dollar Churn

    -0.00%

    Annual Dollar Expansion

    0.00%

    Net Revenue Retention

    0.00%


    About Coretex

    Monthly Revenue

    $449.9K

    -

    Total Expenses

    $0.0

    =

    Net Income

    $0.0

    EBIDTA Margin

    0.0%

    +

    YOY Growth

    0.0%

    =

    Rule of 40

    0


    Coretex Board of Directors

    NamePosition

    Coretex Executives

    NamePosition
    Selwyn Pellett CEO

    Coretex Employees

    NamePosition
    Selwyn Pellett CEO

    Frequently Asked Questions about Coretex

    When was Coretex founded?

    Coretex was founded in 2015.

    How much revenue does Coretex generate?

    Coretex generates $5.4M in revenue.

    Who is the CEO of Coretex?

    The CEO of Coretex is Selwyn Pellett.

    How much funding does Coretex have?

    Coretex was raised $0.

    How many employees does Coretex have?

    Coretex has raised 160 employees.

    Where is Coretex headquarters?

    Coretex headquater is at New Zealand