CoreTigo

CoreTigo

Enables faster and flexible manufacturing with high-performance industrial wireless automation solutions for machine builders.

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$5.0m

Valuation: $65.0m

Series B
Total Funding000k
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CoreTigo is a pioneering company in the field of industrial wireless communication, offering high-performance IO-Link Wireless solutions. These solutions are designed to enhance the capabilities of machine builders, system integrators, and industrial equipment manufacturers. CoreTigo operates in the industrial automation market, focusing on providing intelligent and flexible wireless solutions that improve manufacturing processes.

The company's primary product offerings include wireless communication systems that enable the use of sensors and actuators on independent mover transport tracks. This technology facilitates simple data collection, real-time control, and innovative packaging applications that were previously not possible. CoreTigo's solutions are particularly beneficial for packaging machinery, allowing for higher precision, predictive maintenance, improved quality, and enhanced safety.

CoreTigo serves a diverse range of clients, including machine builders, system integrators, and large industrial equipment manufacturers like Schneider Electric. The company’s business model revolves around selling its wireless communication solutions and related services. By providing easy retrofit solutions for existing machines, CoreTigo helps clients upgrade their equipment without significant downtime or cost.

The company generates revenue through the sale of its wireless communication products, as well as through ongoing service and support contracts. CoreTigo also engages in partnerships and collaborations with other industry leaders to expand its market reach and enhance its product offerings.

In summary, CoreTigo is at the forefront of industrial wireless communication, offering innovative solutions that improve manufacturing efficiency and flexibility. The company’s focus on real-time control and monitoring, along with its easy retrofit solutions, positions it as a key player in the industrial automation market.

Keywords: Industrial Wireless Communication, IO-Link Wireless, Machine Builders, System Integrators, Industrial Equipment, Real-Time Control, Predictive Maintenance, Packaging Machinery, Retrofit Solutions, Manufacturing Efficiency.

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