About CoreTigo
CoreTigo is a company based in Netanya (Israel) founded in 2017 by Eran Zigman and Ofer Blonskey.. CoreTigo has raised $27 million across 7 funding rounds from investors including Verizon, Lenovo and Emerson. CoreTigo operates in a competitive market with competitors including Kerlink, TTTech, LORIOT.io, Aeron Systems and Machfu, among others.
- Headquarter Netanya, Israel
- Founders Eran Zigman, Ofer Blonskey
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$27 M (USD)
in 7 rounds
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Latest Funding Round
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Investors
Verizon
& 12 more
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Employee Count
Employee Count
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Funding Insights of CoreTigo
CoreTigo has successfully raised a total of $27M across 7 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 Total Funding
- Total Rounds 7
- Last Round Last Round
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First Round
First Round
(30 Aug 2017)
- Investors Count 13
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2023 | Amount | Series B - CoreTigo | Valuation | Neva SGR | |
| Sep, 2022 | Amount | Series B - CoreTigo | Valuation | Emerson | |
| Jun, 2021 | Amount | Series B - CoreTigo | Valuation | Verizon , Cardumen Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in CoreTigo
CoreTigo has secured backing from 13 investors, including venture fund and institutional investors. Prominent investors backing the company include Verizon, Lenovo and Emerson. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Neva SGR is engaged in venture capital investments globally.
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Founded Year | Domain | Location | |
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A venture capital fund by Amazon supporting technology innovation.
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Founded Year | Domain | Location | |
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Cardumen Capital is engaged in venture capital and asset management.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by CoreTigo
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - CoreTigo
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Coretigo Comparisons
Competitors of CoreTigo
CoreTigo 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 Kerlink, TTTech, LORIOT.io, Aeron Systems and Machfu, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
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|---|---|---|---|---|
| domain | founded_year | HQ Location |
M2M communication equipment is supplied for object connectivity.
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| domain | founded_year | HQ Location |
Deterministic ethernet and IoT connectivity solutions are provided for networking.
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| domain | founded_year | HQ Location |
Cloud-based gateways and servers for IoT are provided.
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| domain | founded_year | HQ Location |
Inertial navigation systems and industrial IoT solutions are manufactured.
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| domain | founded_year | HQ Location |
IIoT gateways and platform solutions are provided for industrial applications.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Coretigo
Frequently Asked Questions about CoreTigo
When was CoreTigo founded?
CoreTigo was founded in 2017.
Where is CoreTigo located?
CoreTigo is headquartered in Netanya, Israel. It is registered at Netanya, Central District, Israel.
Who is the current CEO of CoreTigo?
Eran Zigman is the current CEO of CoreTigo. They have also founded this company.
Is CoreTigo a funded company?
CoreTigo is a funded company, having raised a total of $27M across 7 funding rounds to date. The company's 1st funding round was a Series B of $13M, raised on Aug 30, 2017.
What does CoreTigo do?
CoreTigo was founded in 2017 in Netanya, Israel, within the industrial automation sector. High-performance machine digitalization, wireless connectivity, and edge computing solutions are delivered to support manufacturing operations. Efficiency and flexibility in industrial processes are addressed through these technologies, with a focus on connectivity for machinery and data processing at the edge. Operations are centered in Israel, serving global manufacturing needs.
Who are the top competitors of CoreTigo?
Who are CoreTigo's investors?
CoreTigo has 13 investors. Key investors include Verizon, Lenovo, Emerson, European Union, and Qualcomm Ventures.