CoreTigo Inc.

CoreTigo is a growing Israeli high-tech company providing solutions for industrial machine builders and equipment manufacturers which enable faster and more flexible manufacturing. With the vision of transformation from mass production to mass customization, CoreTigo’s mission is to enable ultimate production line flexibility and adaptivity. These solutions increase not only flexibility and adaptivity but modularity too, resulting in cost effectiveness, increased productivity and downtime reduction. Embraced by industrial leaders, the IO-Link Wireless global standard, fit for harsh factory environments and motion control applications, provides cable-grade connectivity for millions of sensors, actuators and industrial devices worldwide. The need to produce a large variety of products at a high capacity and at low-cost is significantly driven by eCommerce. Suppliers are struggling to meet this need due to the tradeoff between high flexibility in production while simultaneously manufacturing at high volumes. CoreTigo has solved this tradeoff by introducing a Hardware-enabled SaaS solution that creates faster and more flexible industrial automation. The solution is comprised of real-time edge control units along with unique breakthrough connectivity technology that enable machines and production lines to transition from a hardcoded centralized control architecture to a flexible distributed control architecture. Since 2020, CoreTigo is growing its sales 3 times year over year. With sales and business presence in Germany, Italy and North America, CoreTigo is an integral part of the industrial transformation from mass production to mass customization. The company is headquartered in Israel with over 50 top notch employees. CoreTigo is backed by strategic investors such as Qualcomm Ventures, Verizon and Lenovo, along with financial VCs focused on early stage startups such as Magma VC (Israel) and Sierra Ventures (USA). The company raised $28M in two rounds and is now on the path of its next fund-raising round. The company’s advisory board is comprised of former senior executive leaders from leading industrial companies such as Rockwell Automation, Schneider Electric and Siemens who bring a wealth of domain expertise and experience, along with relationships with leading target customers. The industrial space is going through a revolution due to the growing demand for products, rising online eCommerce, emerging sustainability regulations and a global conflict between East and West. CoreTigo is at a position to become a significant player in this revolution with real-time edge data driven solutions that enable mass customization.