About KORE Wireless
KORE Wireless is a company based in Alpharetta (United States) founded in 2003 was acquired by Searchlight Capital in February 2026. The company has 539 employees. KORE Wireless has completed 7 acquisitions, including Aspider, Business Mobility Partners and Integron. KORE Wireless offers products and services including Global IoT Connectivity, IoT SIM Cards, Device Certification, Device Testing, and End-to-end Managed Services. KORE Wireless operates in a competitive market with competitors including Particle, PTC, Software AG, Relayr and Faclon Labs, among others.
- Annual Revenue$286.09 M (USD)3.43as on Dec 31, 2024
- Net Profit-$146.08 M (USD)12.55as on Dec 31, 2024
- EBITDA$39.73 M (USD)3.2as on Dec 31, 2024
- Latest Funding Round$162.3M (USD), Debt – Conventional
Sep 2014
- InvestorsAbry Partners
& 1 more
- Employee Count539
- Investments & AcquisitionsAspider
& 6 more
- Acquired by
Products & Services of KORE Wireless
KORE Wireless offers a comprehensive portfolio of products and services, including Global IoT Connectivity, IoT SIM Cards, Device Certification, Device Testing, and End-to-end Managed Services.
Offers worldwide network access for IoT devices
Provides SIMs with global roaming capabilities
Ensures devices meet global standards for IoT
Performs testing for IoT hardware reliability
Manages full IoT deployment and operations
Handles monitoring and control of IoT networks
Funding Insights of KORE Wireless
- Total Rounds 1
- Last Round Debt – Conventional — $162.3M
- First Round $162.3M
(Sep 2014)
All 1 funding rounds of KORE Wireless with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2014 | $162.3M | Debt – Conventional | – | – | – |
2 investors in total: 2 institutional.
Investors in KORE Wireless
KORE Wireless has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Abry Partners and Searchlight Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Abry Partners is engaged in middle market private equity investments. | 1989 | abry.com | Boston, United States | |
Private equity firm focused on multiple sectors | – | searchlightcap.com | New York, United States |
Investor details for KORE Wireless
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People of KORE Wireless
98 people are tracked at KORE Wireless (55 in leadership, 8 in board & advisors, 35 in team); the tracked headcount is 539.
| Name | Role | Group |
|---|---|---|
Romil Bahl | CEO | Leadership |
Colin Withers | Director Of Product Marketing | Leadership |
Jonathan Bruha | Director Of Account Management | Leadership |
Scott Standhart | Senior Director, Connected Health | Leadership |
Michael Reff | Vice President Of Quality | Leadership |
Matt Telesky | Director Of Software Engineering | Leadership |
Helen Hoult | Director | Leadership |
Helga Sveinsdóttir-Faasen | Director, Product Manager | Leadership |
Rajesh Salem | Vice President, Marketing And Strategy | Leadership |
Rogier van Leeuwen | Vice President Global Carrier Partnerships | Leadership |
Peter Matzelle | Senior Director, Treasury & Shared Services | Leadership |
Francesco Aletti | Head Of New Business EMEA | Leadership |
Pierrick Landois | EMEA Director Business Development, Connected Health | Leadership |
Jim Neff | Director Of Account Management | Leadership |
Pete West | Senior Vice President Of Sales, North America | Leadership |
Laska Gilberti | Business Director - Vice President Of Sales | Leadership |
Lorraine Morgan | Director Product Management | Leadership |
Jared Deith | Evp, Chief Revenue Officer | Leadership |
Ronald Totton | President and Chief Executive Officer | Leadership |
Jack Kennedy | Executive Vice President, Chief Legal Officer & Secretary | Leadership |
78 more people are available in the full profile.
Complete people profiles for KORE Wireless
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IPO & Listings of KORE Wireless
KORE Wireless is a publicly listed company on the NYSE with ticker symbol KORE in USA, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date01 Oct 2021
- Listed onNYSE: KORE
- Listed entityKORE Group Holdings, Inc.
- Exchange sectorTechnology services
- ISINUS50066V3050
- Share price$9.15 · 2026-05-11
- Market capitalisation$160.9M
- EPS (diluted, trailing year)$-3.32
- Volume (last session)2,791
- Analyst consensusNo rating
Financials of KORE Wireless
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2024 | $286.1M | -$146.1M | $39.7M |
| 2023 | $276.6M | -$167.0M | $38.5M |
| 2022 | $268.4M | -$106.2M | $45.6M |
Detailed financial statements for KORE Wireless
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Investments & Acquisitions by KORE Wireless
KORE Wireless has strategically engaged in corporate development activities, having acquired 7 companies. Notable acquisitions include Aspider, Business Mobility Partners and Integron.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
M2M IoT connectivity solutions are provided for multiple industries. | simoniot.com | Jericho, United States | 2018 | Feb 2022 | •••• | |
IoT and mobile device management services are provided to businesses. | businessmobilitypartners.com | Westbury, United States | 2016 | Feb 2022 | •••• | |
IoT development and managed services are provided to businesses. | integron.com | Rochester, United States | 1985 | Dec 2019 | •••• | |
End-to-end wireless connectivity solutions for IoT applications are provided. | aspider-ngi.com | Woerden, Netherlands | 2001 | Dec 2018 | •••• | |
Global IoT connectivity and management services are offered. | wyless.com | Boston, United States | 2003 | Mar 2016 | •••• | |
Specialized wireless services for M2M and telemetry markets are provided. | racowireless.com | Alpharetta, United States | 2006 | Nov 2014 | •••• | |
Security systems, smart metering, and wireless data services are provided. | jazzwirelessdata.com | Raleigh, United States | 2008 | Mar 2014 | •••• |
Complete acquisition details for KORE Wireless
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Timeline of KORE Wireless
13 dated milestones of KORE Wireless across 23 years, from founding to its latest funding, stage changes and deals.
- Founded KORE Wireless is founded.
- Acquisition Acquires Jazz Wireless Data.
- Funding First funding round of $162.3M.
- Acquisition Acquires RacoWireless.
- Exit Acquired by Abry.
- Acquisition Acquires Wyless.
- Acquisition Acquires Aspider.
- Acquisition Acquires Integron.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Business Mobility Partners.
- Acquisition Acquires SIMON IoT.
- Exit Acquired by Abry.
- Exit Acquired by Searchlight Capital.
Competitors of KORE Wireless
KORE Wireless 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 Particle, PTC, Software AG, Relayr and Faclon Labs, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| particle.io | 2011 | San Francisco, United States | $134.87M | 109 | IoT connectivity platform from prototype to production is developed. | |
| ptc.com | 1985 | Boston, United States | – | 353 | PTC is recognized as a global leader in product lifecycle management software. | |
| softwareag.com | 1969 | Darmstadt, Germany | – | – | Provider of data integration, application modernization, and digital transformation solutions | |
| relayr.io | 2013 | Berlin, Germany | $86.2M | 109 | Middleware and IoT solutions are provided for enterprise digital transformation. | |
| faclon.com | 2016 | Mumbai, India | $2.79M | 154 | Industrial data and AI platform for decision intelligence is offered. | |
| aylanetworks.com | 2010 | Milpitas, United States | $144.4M | 75 | Provider of a platform for IoT and edge computing applications | |
| vantiq.com | 2014 | Walnut Creek, United States | $56.39M | – | Cloud-based end-to-end IoT platforms are provided by Vantiq. | |
| flutura.com | 2012 | Houston, United States | $9.62M | – | End to end IoT platform for asset monitoring | |
| tslsmart.com | 2015 | Beijing, China | $899.03M | – | Terminus is recognized as a leader in urban AIoT solutions. |
Detailed competitors of KORE Wireless
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Web traffic of KORE Wireless
The website of KORE Wireless (korewireless.com) receives about 99.5K visits a month and ranks #313,748 among all websites worldwide, #1,935 in Telecommunications.
- Monthly visits99.5K
▲ 31.6% vs previous month
- Unique visitors27.4K
per month
- Global rank#313,748
among all websites
- Category rank#1,935
Computers Electronics and Technology · Telecommunications
- Bounce rate38%
- Pages per visit6.6
- Average visit4 min 19 sec
- DevicesDesktop 53% · Mobile 47%
Websites whose visitors overlap most with KORE Wireless. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| telna.com | 100% | 63.1K | #430,754 | View details | |
koretelematics.com | koretelematics.com | 97% | – | – | – |
5ghub.us | 5ghub.us | 89% | – | #2,163,012 | – |
| 1ot.com | 86% | 18.2K | #1,323,091 | View details | |
| kigen.com | 86% | 12.2K | #1,761,091 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for KORE Wireless
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Latest news on Kore Wireless
Complete news archive for KORE Wireless
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Similar companies to KORE Wireless
10 companies that operate in the same segment as KORE Wireless (Industrial IoT & Smart Manufacturing), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
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 | |
Cloud-based smart security cameras are manufactured for home use. | 1999 | Provo, Utah, United States | USD 172 M | USD 341.04 M | 11,275 | |
Cloud-based network infrastructure for IoT applications is provided. | 2004 | Boise, Idaho, United States | USD 154.85 M | USD 8.52 M | 165 | |
Wireless security platform for IoT applications is provided. | 2015 | Palo Alto, California, United States | USD 1.17 B | – | – | |
Blockchain-based connectivity for IoT applications is facilitated. | 2017 | Menlo Park, California, United States | USD 50 M | – | – | |
IoT connectivity platform from prototype to production is developed. | 2011 | San Francisco, California, United States | USD 134.87 M | – | 109 | |
Cloud-based smart locks for residential and commercial access are provided. | 2014 | New York, New York, United States | USD 158.55 M | USD 70.12 M | – | |
Keyless smart locks are developed for consumer and commercial applications. | 2015 | Singapore, Singapore | USD 32.28 M | – | – | |
Provider of cyber security solutions for asset visibility and threat management | 2000 | San Jose, California, United States | USD 120.28 M | USD 4.03 M | 136 | |
Mesh-based connectivity solutions for IoT applications are provided. | 2014 | San Francisco, California, United States | USD 90 M | – | – |
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Frequently Asked Questions about KORE Wireless
KORE Wireless was founded in 2003 and raised its 1st funding round 11 years after it was founded.
KORE Wireless is headquartered in Alpharetta, United States. It is registered at Alpharetta, Georgia, United States.
Romil Bahl is the current CEO of KORE Wireless.
KORE Wireless has 539 employees.
Annual revenue of KORE Wireless is $286.09M as on Dec 31, 2024.
KORE Wireless Group offers PRiSMPro, a connectivity management platform for IoT applications. Features of the platform include managing devices across cellular and satellite carriers; activating, deactivating, and suspending devices in real-time, role-based user privilege management, a detailed report on data usage, customized bulk activation profiles, accessing pre-configured reports, creating custom reports for trending and analysis, troubleshooting device issues, verifying connectivity status etc. The company also provides an API for integrating it with third-party back-office systems. In addition, it provides a private network, for IoTM2M connectivity, from multiple operators with coverage delivered via 2G, 3G and 4G networks. Partners include ATT, EE, Immarsat, Iridum, Rogers Wireless, Optus, Sprint, T-Mobile, Telefonica, Verizon, Vodafone, Vodafone Australia, O2, KPN, Claro, Vivo, etc.
KORE Wireless's top competitors include Particle, Software AG and PTC.
KORE Wireless offers Global IoT Connectivity, IoT SIM Cards, Device Certification, Device Testing, and 2 more products and services.
Yes, KORE Wireless is publicly traded on NYSE under the ticker symbol KORE.
KORE Wireless has made 7 acquisitions, including Aspider, Business Mobility Partners, and Integron.
KORE Wireless has 2 investors. Key investors include Abry Partners, and Searchlight Capital.
Yes. KORE Wireless was acquired by Abry in November 2014.