What Coretex does

Coretex is a New Zealand-headquartered enterprise fleet telematics and IoT platform provider, operating as a wholly-owned subsidiary of EROAD (NZSX: ERD) since December 2021. The company delivers a cloud-based fleet management platform, branded Coretex 360, anchored by the CoreHub in-vehicle IoT gateway that connects GPS tracking, electronic logging (ELD), dashcams, refrigerated trailer (reefer) sensors, and asset tracking on a single hardware-and-software stack. Core product capabilities include FMCSA-certified hours-of-service compliance, AI-enabled video telematics via the Clarity Edge dashcam, two-way cold chain temperature monitoring, and the AI-driven CoreTemp product temperature simulation engine. Vertical specializations span Transport & Logistics, Food & Beverage cold chain, Construction (ready-mix), and Waste & Recycling, with documented enterprise customers including E.A. Sween, Golden State Foods, Tiger Cool Express, Quality Custom Distribution, Tranzit Group, and Ascension Ready Mix.

Coretex monetizes through a hybrid revenue model combining hardware sales (CoreHub devices, dashcams, reefer sensors), recurring subscription fees for the Coretex 360 platform and modular add-ons, and professional services for installation and integration. Pricing is custom and quote-based, with no publicly disclosed tiers; billing is structured as monthly subscriptions tailored to fleet size and feature selection. The go-to-market is enterprise direct field sales with regional offices in Auckland (NZ HQ), San Diego (US HQ), and Sydney (Australia HQ), augmented by content marketing (case studies, blog), industry events (EROAD Fleet Day), and a self-service knowledge base.

At the operating level, Coretex monitors 65,000+ vehicles and 100,000+ connected devices, ingesting roughly 1 billion data points monthly. The company holds 101-250 employees and serves customers across New Zealand, Australia, the United States, and Canada. Its strategic positioning as a vertically-specialized cold chain and compliance telematics provider, combined with EROAD's trans-Tasman and North American distribution, defines its competitive stance against broader horizontal telematics platforms such as Samsara and Geotab.

Name

Coretex

Legal name

Coretex Limited

Website

https://coretex.com

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

101–250 employees

Ownership category

akta.pro rank

Product category

Fleet Telematics & IoT Software

NAICS

Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (51821), Wired Telecommunications Carriers (517111)

SIC

Computer Communications Equipment (3576), Computer Peripheral Equipment, Nec (3577)

akta.pro primary industry

OEM Embedded Connectivity & Telematics Platforms (TLAEAFAA)

akta.pro secondary industries

Data Platforms, APIs & System Integrations for Connected Fleets (TLAEAFAN), Fleet Tracking, Mapping & Real-Time Location Services (RTLS) (TLAEAFAD), Vehicle Diagnostics, Predictive Maintenance & Remote Monitoring (TLAEAFAE), Telematics Hardware, Sensors & Installation Services (TLABAJAL)

Keywords

• Fleet telematics software
• Fleet management platform
• Cold chain monitoring
• ELD compliance
• Video telematics

Headquarters

HQ city

Auckland

HQ country

New Zealand

HQ region

Oceania

Offices3 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Infrastructure, Operations, Marketing or Sales, Supply Chain

Revenue model

1. Hardware Sales: Sale of CoreHub, CoreVision dashcams, Clarity Edge dashcams, sensors, and IoT devices for fleet telematics installation
2. Software/Subscription Services: Recurring subscription fees for access to EROAD 360 platform, reefer monitoring, ELD compliance, GPS tracking, and other telematics services
3. Professional Services: Installation, configuration, and implementation services for hardware deployment and system integration

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

Coretex provides an enterprise IoT fleet telematics platform built around its CoreHub hardware gateway, which connects trucks, trailers, drivers, and refrigerated assets onto the cloud-based Coretex 360 software platform. Its product lines cover GPS tracking, FMCSA-certified electronic logging (ELD), HD and AI-powered dashcam video telematics, real-time reefer cold-chain monitoring with CoreTemp predictive temperature simulation, DVIR-integrated service maintenance, and the New Zealand electronic Road User Charges (eRUC) system, sold primarily to enterprise fleet operators in Transport & Logistics, Food & Beverage, Construction, and Waste & Recycling.

Product overview

Coretex is a fleet management and telematics platform that has evolved through multiple mergers and acquisitions, now operating as 'Coretex, an EROAD Company' following a December 2021 acquisition. The platform uses CoreHub as the central hardware gateway to connect all vehicles and assets, enabling unified fleet management across multiple industries. The core platform, Coretex 360, provides cloud-based visibility and control, supported by specialized modules including Coretex ELD/EROAD Drive for hours of service compliance, Clarity Dashcam and Clarity Edge Dashcam for AI-powered video telematics, the Coretex Reefer Solution for cold chain monitoring, CoreTemp for AI-driven predictive product temperature simulation, Coretex Service Manager for maintenance management, and Coretex eRUC for New Zealand road user charges. The platform serves Transport & Logistics, Food & Beverage, Construction, and Waste & Recycling industries with GPS tracking, real-time alerting, DVIR inspections, geofencing, and driver scorecard features.

Differentiator

Problem solved

Functional benefit

Brands

• CoreHub: The CoreHub is described as a revolutionary gateway that connects all vehicles and assets on one platform. It is available as CoreHub standard and CoreHub Xtreme for cold chain applications.
• CoreVision Dashcam
• CoreTemp
• Coretex 360

Products and services

• CoreHub IoT Gateway Revolutionary IoT gateway device that connects all vehicles, trailers, drivers, sensors, and assets onto a single telematics platform; available in CoreHub standard and CoreHub Xtreme Cold Chain variants.
• Coretex 360 Cloud Platform Cloud-based fleet management platform providing real-time tracking, reporting, alerting, driver management, geofencing, servicing modules, and dashboards for enterprise fleet operators.
• Coretex ELD FMCSA-listed certified Electronic Logging Device for hours-of-service compliance in the US, designed to maximize fleet capacity, increase driver retention, and prevent HOS violations.
• EROAD Drive In-cab telematics device and mobile app for electronic logging, DVIR vehicle inspections, HOS logging, jobs, and navigation; available for US and Canada.
• CoreVision / Clarity Dashcam HD video telematics dashcam capturing driver and vehicle data for incident replay, driver coaching, and risk management; includes a replay video portal for reviewing footage (North America).
• Clarity Edge AI Dashcam AI-powered dashcam with advanced AI event detection, edge computing, AI-triggered video uploads, in-cab voice alerts, and automated coaching features for incident management.
• Coretex Reefer Solution Cold chain temperature monitoring solution for refrigerated trailers operating in -40 to 70 degrees C, with two-way remote reefer control, real-time temperature/humidity/air-flow data, and FSMA compliance support.
• CoreTemp AI-driven simulated product temperature monitoring system that predicts actual product temperature from air temperature readings using AI algorithms, enabling predictive cold chain compliance without manual probing at each stop.
• Coretex Service Manager Fleet servicing and maintenance management tool with fully customizable maintenance scheduling (time, usage, or odometer-based), service logging, automated notifications, and DVIR integration.
• Coretex eRUC New Zealand Electronic Road User Charges management system using the TMU750 in-cab device with LCD color display, automated off-road claims technology, RUC license inspection, and automated RUC purchasing and management.

Quantifiable outcome

• E.A. Sween achieved cost savings of over $200,000 by reducing average stop time from 21 minutes to under 18 minutes per day
• +4 more outcomes

Named customers12 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability8 records

Feature8 records

Scale indicators10 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Geotab: Geotab is one of the largest commercial telematics providers globally, offering GPS tracking, ELD compliance, vehicle analytics, and a robust marketplace. Direct competitor to Coretex in enterprise fleet management with a strong data analytics focus.
• Samsara: Samsara is a leading IoT platform for fleet management, video-based safety, and asset tracking. Directly comparable to Coretex in offering unified telematics, AI dashcams, ELD compliance, and cold chain monitoring, with a much larger scale and broader geographic reach.
• Motive: Motive (formerly KeepTruckin) provides fleet management, AI dashcams, ELD compliance, and spend management. Directly comparable to Coretex's CoreHub + Clarity Edge offering, particularly for mid-market and enterprise trucking customers.
• Lytx: Lytx specializes in video telematics, AI dashcams, and driver safety programs. Directly comparable to Coretex's Clarity Edge AI dashcam offering with a focus on risk and insurance-driven ROI.
• EROAD: EROAD is Coretex's parent company and a New Zealand-based commercial vehicle telematics provider operating across NZ, Australia, and the US. Closely aligned in product capabilities and now integrated with Coretex following the 2021 acquisition.
• Webfleet (Bridgestone): Webfleet is a Bridgestone-owned fleet management and telematics platform operating primarily in Europe and ANZ. Directly comparable to Coretex in offering GPS tracking, cold chain, and compliance tools, though with European density Coretex lacks.

Broad incumbents

• Verizon Connect: Verizon Connect is a large incumbent fleet telematics provider offering GPS tracking, ELD, video, and asset management. Competes with Coretex across enterprise fleets but as part of a broader Verizon business services portfolio.
• Trimble Transportation: Trimble offers a broad transportation and logistics technology stack including fleet management, telematics, and supply chain visibility. Overlaps with Coretex on the fleet management side but serves a wider enterprise portfolio.

Emerging players

• Platform Science: Platform Science provides a connected vehicle platform enabling third-party telematics apps on in-cab devices. Comparable to Coretex's open platform thesis but with a developer-first, BYOD orientation and heavy fleet focus.
• Fleetio: Fleetio is a fleet maintenance and management SaaS platform. Overlaps with Coretex's Service Manager and fleet maintenance capabilities but lacks the deep telematics and cold chain hardware of Coretex.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/coretexsolution

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Funding overview

Funding rounds2 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Coretex