About Coretex
Coretex is a company based in Auckland (New Zealand) founded in 2015 by John Leonard Walley, Mark Terrence Giles, and Mark Shane Stuart was acquired by Eroad in July 2021. Coretex has raised $8.34 million across 3 funding rounds from investors including Milford Asset Management, Movac and EROAD. Coretex has completed 1 acquisition, including Air-Trak. Coretex offers products and services including GPS Tracking, ELD Compliance, Vehicle Inspections, and Reefer Monitoring. Coretex operates in a competitive market with competitors including Samsara, Platform Science, Radius, Omnitracs and GreenRoad, among others.
- Headquarter Auckland, New Zealand
- Founders John Leonard Walley, Mark Terrence Giles, Mark Shane Stuart
- SectorsTransportation, Automotive & LogisticsTechnology
- Website category Business and Consumer Services · Shipping and Logistics
- Website coretex.com
- Social LinkedIn X YouTube
- Acquired by Eroad (Jul 2021)
- Legal Name Coretex Limited
- Total Equity Funding$8.34M (USD)
in 3 rounds
- InvestorsMilford Asset Management
& 2 more
- Investments & Acquisitions
- Acquired byEroad
(Jul 2021)
Products & Services of Coretex
Coretex offers a comprehensive portfolio of products and services, including GPS Tracking, ELD Compliance, Vehicle Inspections, and Reefer Monitoring.
System for real-time vehicle location and route monitoring.
Electronic logging device for driver hours and safety compliance.
Platform for automated vehicle status and inspection reporting.
Sensors for monitoring refrigerated transport conditions.
Apps and channels of Coretex
its YouTube channel Coretex - an EROAD company has 121 subscribers and 18 videos.
Videos from Coretex
The most watched videos on Coretex's YouTube channel, Coretex - an EROAD company (121 subscribers). Click a video to play it here.
More on Coretex - an EROAD company.
Funding Insights of Coretex
Coretex has successfully raised a total of $8.34M across 3 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $8.34M
- Total Rounds 3
- First Round $4.01M
(Oct 2015)
- Investors Count 2
All 3 funding rounds of Coretex with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
3 investors in total: 3 institutional.
Investors in Coretex
Coretex has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Milford Asset Management, Movac and EROAD.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Milford Asset Management is engaged in investment and wealth management. | – | milfordasset.com | Auckland, New Zealand | |
Venture capital is provided to technology businesses by Movac. | 1998 | movac.co.nz | New Zealand | |
EROAD is recognized for providing fleet performance management solutions. | – | eroad.com | San Diego, USA |
Investor details for Coretex
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People of Coretex
16 people are tracked at Coretex (6 in leadership, 5 in board & advisors, 5 in team).
| Name | Role | Group |
|---|---|---|
John Leonard Walley | Co-Founder | Leadership |
Mark Terrence Giles | Co-Founder | Leadership |
Mark Shane Stuart | Co-Founder | Leadership |
Selwyn Pellett | CEO Coretex | Leadership |
Akinyemi Koyi | Chief Technology Officer | Leadership |
Tracey Herman | Chief Financial Officer | Leadership |
Mark Giles | Chairman | Board & advisors |
Brooke Bone | Director | Board & advisors |
Sandy Maier | Director | Board & advisors |
David Beard | Director | Board & advisors |
Donna Marris | Director | Board & advisors |
Sharon Zhang -CPA | Management Accountant | Team |
Ashish Antil | Technical Lead Developer | Team |
Dean Marris | EVP Construction Materials | Team |
Renier Kotze | ICT engineer | Team |
John Chien | DBA Lead | Team |
Complete people profiles for Coretex
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Investments & Acquisitions by Coretex
Coretex has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Air-Trak.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
A platform for vehicle tracking and fleet management is provided. | air-trak.com | San Diego, United States | 1999 | Nov 2015 | •••• |
Complete acquisition details for Coretex
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Competitors of Coretex
Coretex operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Samsara, Platform Science, Radius, Omnitracs and GreenRoad, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| samsara.com | 2015 | San Francisco, United States | $915M | 2,895 | AI-powered cloud-based vehicle tracking solutions are offered for fleet owners. | |
| platformscience.com | 2014 | San Diego, United States | $293.07M | 226 | Provider of integrated solutions for fleet management | |
| radius.com | 1990 | San Francisco, United States | $332.76M | – | Predictive marketing and sales platform | |
| omnitracs.com | 1985 | Dallas, United States | – | 999 | Cloud-based fleet management solutions are provided for transportation operations. | |
| greenroad.com | 2004 | Austin, United States | $81.5M | 10 | Fleet telematics and management solutions for safe driving are provided. | |
| lytx.com | 1998 | San Diego, United States | $153.4M | 979 | Provider of video telematics and fleet management solutions | |
| inseego.com | 1985 | San Diego, United States | $64.3M | 345 | IoT networking hardware and device management platforms are provided. | |
| fleetmatics.com | 2003 | Waltham, United States | $108M | 779 | Fleet management solutions are provided for tracking and optimization needs. | |
| verizonconnect.com | 2006 | Atlanta, United States | – | 88 | Cloud-based fleet management and tracking solutions are provided. | |
| mapon.com | 2006 | Riga, Latvia | $3.28M | 177 | Vehicle tracking and fleet management solutions are provided. |
Detailed competitors of Coretex
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Web traffic of Coretex
The website of Coretex (coretex.com) receives about 15K visits a month and ranks #1,508,171 among all websites worldwide, #6,433 in Shipping and Logistics.
- Monthly visits15K
▲ 1.8% vs previous month
- Unique visitors3.2K
per month
- Global rank#1,508,171
among all websites
- Category rank#6,433
Business and Consumer Services · Shipping and Logistics
- Bounce rate43%
- Pages per visit3.1
- Average visit6 min 18 sec
- DevicesDesktop 60% · Mobile 40%
Websites whose visitors overlap most with Coretex. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| blumeglobal.com | 100% | 18.4K | #1,605,974 | View details | |
| seacoglobal.com | 74% | – | #762,156 | View details | |
teletracnavman.co.nz | teletracnavman.co.nz | 55% | – | #5,068,077 | – |
Latest news on Coretex
Complete news archive for Coretex
Full article history, source details, and older brand coverage require an active premium plan.
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Similar companies to Coretex
10 companies that operate in the same segment as Coretex (Logistics Technology & Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Ride-hailing and on-demand delivery services are aggregated via mobile app. | 2012 | Singapore, Singapore | USD 9.09 B | USD 3.37 B | 11,270 | |
Food and grocery deliveries are facilitated through an app-based platform. | 2013 | San Francisco, California, United States | USD 2.47 B | USD 10.72 B | 23,700 | |
Food and grocery items are ordered via an online network. | 2014 | Bengaluru, Karnataka, India | USD 3.54 B | USD 2.46 B | 4,490 | |
Integrated logistics services including parcel delivery and warehousing are provided. | 2011 | Gurugram, Haryana, India | USD 1.25 B | USD 1.12 B | 62,070 | |
Online marketplace offering multi-category grocery products | 2015 | Barcelona, Catalonia, Spain | USD 1.16 B | – | – | |
E-commerce tools for shipping, marketing, and financial services are provided. | 2012 | Gurugram, Haryana, India | USD 344.42 M | USD 135.47 M | 800 | |
App based platform offering on demand delivery and ride-hailing services | 2010 | Jakarta, Jakarta, Indonesia | USD 4.72 B | – | – | |
Express delivery logistics solutions are provided for businesses and individuals. | 2015 | Bengaluru, Karnataka, India | USD 246.8 M | USD 447.86 M | – | |
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners. | 2015 | San Francisco, California, United States | USD 915 M | USD 1.62 B | 3,500 | |
Wolt is operated as a delivery platform for food and groceries. | 2014 | Helsinki, Finland | USD 827.96 M | – | – |
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Frequently Asked Questions about Coretex
Coretex was founded in 2015.
Coretex is headquartered in Auckland, New Zealand.
Coretex is a funded company, having raised a total of $8.34M across 3 funding rounds to date. The company's 1st funding round was a Series A of $4.01M, raised on Oct 2015.
Coretex was formed in 2015 in Auckland, New Zealand, through the merger of International Telematics and Imarda. Fleet management solutions are developed for transport operators, encompassing the ibright telematics platform and i360 Action Engine. Intelligence on fleet movements and assets is provided by ibright. These tools are applied to refrigerated assets, trucks, tractors, dry vans, and rail operations in the logistics sector.
Coretex offers GPS Tracking, ELD Compliance, Vehicle Inspections, and Reefer Monitoring.
Coretex has made 1 acquisition, including Air-Trak.
Coretex has 3 investors. Key investors include Milford Asset Management, Movac, and EROAD.
Coretex operates through Coretex Limited.
Yes. Coretex was acquired by Eroad in July 2021.