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KORE Group Holdings Inc.

Technology - IoT and Wireless Connectivity Atlanta, USA ~340 employees
Founded
--
Employees (Est.)
~340
17 leaders known
Total Funding
$150.0M
Funding Rounds
1
Last Funding
2023-11-16

About KORE Group Holdings Inc.

KORE Wireless is a global leader in IoT solutions and connectivity, empowering over 3600 innovators with future-proofed connectivity. As a trusted backbone for global connectivity, KORE simplifies IoT by providing purpose-built solutions that integrate connectivity, hardware, device management, and data delivery into a unified ecosystem. With over 20 million connected devices across 200+ countries, KORE aims to eliminate complexity and enable businesses to stay connected and productive.

Products & Services

Global IoT Connectivity:Offers global IoT roaming on a single SIM and local carrier SIMs for compliance, with access to tier-1 networks and connectivity beyond cellular, including satellite.
Local Connectivity:Provides local carrier SIMs to meet regional compliance and connectivity needs.
IoT SIM Cards:Specialized SIM cards designed for IoT device connectivity.
IoT Connectivity Management:Tools and platforms to manage IoT connectivity efficiently.
Super SIM:Advanced SIM solution for enhanced IoT connectivity.
KORE OmniSIM:A versatile SIM solution for IoT applications.
Device Certification:Services to certify IoT devices for network compatibility.
Deployment Services:Support for deploying IoT solutions to target markets.
End-to-end Managed Services:Comprehensive management of IoT solutions throughout their lifecycle.

Specialties

Global IoT Connectivity IoT Device Management Carrier Partnerships Network Innovations (Cat-M, 5G RedCap, Satellite) Device Certification and Testing IoT Deployment and Scaling

Funding History

Debug: View Raw Funding Data
# Type Amount Fields Date Fields Investors
1 RT: Preferred Equity
T: -
FT: Preferred Equity
A: 150000000
MR: -
FA: $150 million
FAN: 150000000
D: 2023-11-16
FD: 2023-11-16
2 investors
Preferred Equity Latest
2023-11-16
$150.0M
2 investors (Pro only)

Growth Metrics

+45%
Employee Growth
YoY
3.2x
Funding Growth
Last Round
12
Markets
Operating
10K+
Customers
Active

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Team & Leadership

R

Ronald Totton

President and Chief Executive Officer

LinkedIn (Pro only)
J

Jared Deith

Executive Vice President, Chief Revenue Officer

LinkedIn (Pro only)
B

Bruce Gordon

Executive Vice President and Chief Operating Officer

LinkedIn (Pro only)
A

Anthony Bellomo

Executive Vice President, Chief Financial Officer and Treasurer

J

Jack Kennedy

Executive Vice President and Chief Legal Officer

G

Gloria Garber

Senior Vice President and Chief People Officer

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Recent News

KORE Group Holdings Inc. Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

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Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

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Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

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Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised

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Company Details

Industries
Technology - IoT and Wireless Connectivity
Company Size
~340 employees (est.)
Locations
Atlanta, USA

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Technology Stack

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