What C&Tech does

C&Tech (씨앤테크) is a Korean IoT solutions company headquartered in Seoul with an R&D office in Daejeon, founded in 2012 and operating in the financial, building, and manufacturing verticals. Its core product is the proprietary Smart Machinery Monitoring System (SMMS), a stack that combines low-power IoT hardware devices (CN-102, Ara, Iron trackers with LTE Cat.M1, GPS, BLE, and multi-year battery life), web/app software platforms (OneMap integrated monitoring), and big-data processing to deliver 365-day, 24-hour real-time monitoring of movable collateral, facilities, and industrial equipment. Technical differentiators include 12 registered patents covering temperature measurement, thermal imaging, and low-power collateral terminals, plus an ISOCC 2022-published low-power FSM algorithm for real-time asset monitoring.

C&Tech sells primarily through direct enterprise field sales to Korean banks, guarantee funds, fintech companies, and government/public agencies, supplemented by participation in Korea's Public Procurement Service (조달청) and channel/reseller partnerships (Cowon, Bple) for smart-building solutions. Revenue is generated from a mix of hardware device sales (CN-102, Ara, Iron, sensor packages), subscription-based monitoring services (MES platforms, smart-facility control center, emergency dispatch), and quote-based custom enterprise contracts. Publicly listed pricing shows unit prices of 8.4M-42.6M KRW with monthly rentals of 1.4M-7.1M KRW over 6-month terms.

The company is recognized as the #1 IoT-based collateral asset management provider in South Korea, with a track record of 8 consecutive yearly contract wins with IBK Bank (2018-2025) and additions including KB Kookmin Bank, Busan Bank, Korea Asset Management Corporation (CAMCO), and Korea Senior Human Resources Development Institute in 2024. It has accumulated operational telemetry across 29,400+ managed collateral assets nationwide, holds KC/NIPA/KS/Disaster Safety certifications, and has been recognized by the Financial Times Asia-Pacific High-Growth Companies (2022), K-Fintech 30 (2023), and the 2024 Maeil Business Fintech Excellence Award. Total disclosed funding to date is 5.3 billion KRW (KDB Industrial Bank 2 billion KRW and Stonebridge/LB Investment 3.3 billion KRW, both 2020), and the company is currently pursuing international expansion (NEXUS Luxembourg 2025) and government-funded equipment monitoring operations (selected platform operator, December 2025).

Name

C&Tech

Legal name

주식회사 씨앤테크

Website

https://iot-cntech.com

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

11–50 employees

Short description

C&Tech is a Korean IoT solutions company that builds low-power IoT hardware devices (CN-102, Ara, Iron) paired with web/app software platforms (SMMS, OneMap, Mobile MES) for 24/7 monitoring of movable collateral, smart buildings, and smart factories, primarily serving Korean banks, guarantee funds, fintech companies, and government agencies through direct enterprise sales.

Ownership category

akta.pro rank

Product category

Industrial IoT Asset Management

NAICS

Navigational, Measuring, Electromedical, and Control Instruments Manufacturing (33451), Communications Equipment Manufacturing (3342), Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing (334220)

SIC

Industrial Instruments For Measurement, Display, And Control (3823), Measuring & Controlling Devices, Nec (3829)

akta.pro primary industry

Industrial IoT/Edge Electronics Manufacturing (Gateways, Edge Controllers) (IMAGAGAC)

akta.pro secondary industries

Condition Monitoring Sensors & IoT (online/offline monitoring, edge devices) (EUADAJAD), Remote Operations, Control Room & Digital O&M (Monitoring, Diagnostics) (EUAEAGAM)

Keywords

• IoT asset management
• Collateral monitoring
• Smart building solutions
• Smart factory platforms
• Low-power IoT devices

Headquarters

HQ city

Seoul

HQ country

South Korea

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. IoT Hardware Device Sales: Sale of proprietary IoT devices including CN-102, Ara, and Iron for collateral monitoring, asset tracking, and facility management. Devices are sold with certifications (KC, NIPA, IP ratings).
2. Monitoring Services: Recurring monitoring services for collateral management, smart building, and smart factory applications. Services include 365-day 24-hour control center operation, emergency dispatch, and asset management reporting.
3. MES Solution Subscription: Web/APP platform subscription for production and process monitoring, including Digital Twin, IoT Solution, and Mobile MES components.
4. Smart Factory IoT Sensor Solutions: Customized IoT sensors for industrial environments. Sensors for humidity, temperature, CO2, pH, fire, air quality, vibration, and shock. Unit pricing with rental options available.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

C&Tech designs, manufactures, and sells low-power IoT hardware devices (CN-102, Ara, Iron) and Web/APP software platforms for real-time asset monitoring and management. Its core offering combines proprietary IoT devices with big data processing to deliver collateral asset monitoring for financial institutions, smart building facility management, and smart factory production/process monitoring solutions. The company operates a 365-day 24-hour control center for emergency dispatch and managed services.

Product overview

C&Tech (씨앤테크) is an IoT solutions company offering a unified portfolio of hardware devices and software platforms for asset management, smart buildings, and smart factories. The core offering consists of three main IoT hardware devices (CN-102, Ara, and Iron) paired with three integrated software solutions: the Smart IoT Collateral Asset Management Service for financial institution collateral monitoring, the Noti Smart Building Solution for facility management, and Mobile MES / Digital Twin / IoT Solution for manufacturing environments. All solutions leverage proprietary low-power IoT technology with 24/7 monitoring capabilities and are supported by the OneMap integrated monitoring platform.

Differentiator

Problem solved

Functional benefit

Brands

• Noti: Smart building solution brand offering facility management and safety monitoring services
• SMMS
• 원맵(OneMap)

Products and services

• Smart IoT Collateral Asset Management Service IoT-based collateral asset management service providing 365-day 24-hour real-time monitoring of movable collateral (machinery, equipment, vehicles, medical devices, inventory) for financial institutions. Includes device installation, abnormal movement detection, emergency response, and management reporting, with 100% domestic LTE coverage and dedicated control center operations.
• Noti Smart Building Solution Smart building management solution enabling remote facility monitoring through IoT devices. Monitors temperature, humidity, water leaks, ammonia, fire alarms, and electrical systems in apartments, public facilities, and commercial buildings, integrated with the OneMap monitoring platform.
• Mobile MES Platform Production and process monitoring integrated MES platform combining material management, production reporting, disaster safety management, and downloadable reports. Includes dashboard for production status visibility, approval workflows, deadline alerts, and inventory shortage notifications for manufacturing environments.
• Digital Twin Environmental Monitoring Internal environment real-time detection and monitoring system for factories. Sensors detect temperature, humidity, fire, CO2, and organic chemical gases with real-time visualization for remote facility monitoring and environmental data management.
• IoT Solution (Industrial Environment Safety) IoT sensor-based industrial environment safety solution with customized sensors for humidity, temperature, CO2, pH, fire, air quality, vibration, and shock monitoring, plus customized IoT devices with external sensor connectivity.
• CN-102 3G/4G IoT Device IoT device specialized for collateral asset loss/theft prevention and operational status monitoring. Features LTE Cat.M1 connectivity, GPS/Cell-Positioning, inertial sensors, device removal detection, up to 5-year battery life, IP54 rating, and 6,800mAh rechargeable battery.
• Ara / Ara Max Asset Tracker Ultra-compact, ultra-low-power IoT device for asset location tracking and condition monitoring. Supports LTE Cat.M1, WiFi, BLE connectivity with GPS, GLONASS, Beidou, WiFi-Positioning, Cell-Positioning. Available in Ara (54x54x18mm, 45g, IP67) and Ara Max (95x95x21mm, 125g, IP67) variants with up to 5-year battery life.
• Iron Global Asset Tracker

Quantifiable outcome

• 29,400+ cumulative collateral assets managed nationwide
• +3 more outcomes

Named customers13 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability4 records

Feature6 records

Partnerships

Eight partnerships are on record, tiered core and minor.

• Cowon (주식회사 코원)coreChannel Partner/ Reseller/ DistributorPartnership for Smart Building solutions. C&Tech's Smart Building solution is developed together with Cowon and Bple.
• Bple (주식회사 비플)coreChannel Partner/ Reseller/ DistributorPartnership for Smart Building solutions. C&Tech's Smart Building solution is developed together with Cowon and Bple.
• Korea Fintech Support Center (한국핀테크지원센터)coreStrategic or Co-development PartnerC&Tech was selected for K-Fintech 30 in 2023 (top 10). Participated in NEXUS Luxembourg 2025 Fintech booth operation and overseas demo day with Korean Fintech Support Center.
• Handyshop (핸디소프트)minorStrategic or Co-development PartnerThree-party business partnership agreement signed in 2021 with Handyshop and Alchera for collaborative solution development.
• Alchera (알체라)minorStrategic or Co-development PartnerThree-party business partnership agreement signed in 2021 with Handyshop and Alchera for collaborative solution development.
• MI Cube Solutions (엠아이큐브솔루션)minorStrategic or Co-development PartnerBusiness partnership agreement signed in 2019 for collaborative solution development.
• CoreTech (코아텍)minorStrategic or Co-development PartnerBusiness partnership agreement signed in 2019 for collaborative solution development.
• 276 Holdings (276홀딩스)minorStrategic or Co-development PartnerStrategic MOU signed in June 2025 for collaborative business development.

Scale indicators7 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Particle: Particle sells low-power IoT hardware modules/edge devices (cellular, Wi-Fi, BLE) with a managed cloud platform for industrial IoT deployments. It is comparable to C&Tech on the full-stack IoT-device-plus-cloud offering for asset monitoring and industrial use cases.
• Tive: Tive makes low-power IoT trackers (similar in spirit to C&Tech's Iron global tracker and Ara devices) plus a cloud platform for in-transit and at-rest asset visibility. Comparable to C&Tech's CN-102/Iron hardware and SMMS-style monitoring software for logistics, lending-collateral, and supply-chain asset tracking.
• Kore Wireless: Kore Wireless provides managed IoT connectivity (LTE Cat.M1), platforms, and professional services for enterprise asset monitoring. It is comparable to C&Tech's combination of LTE Cat.M1 IoT hardware (CN-102, Ara, Iron) with a managed monitoring and analytics service for industrial/financial customers.
• Aeris: Aeris provides IoT cellular connectivity (LTE Cat.M1), edge-to-cloud platforms, and managed services for asset monitoring and telematics. Like C&Tech, it combines proprietary connectivity hardware with monitoring services, and targets industrial and financial-sector use cases for asset visibility.
• Samsara: Samsara provides IoT hardware (vehicle and asset telematics gateways) plus a cloud platform for fleet, asset, and equipment monitoring across industrial customers. It is the most direct global analogue to C&Tech's combination of low-power IoT hardware, asset/equipment monitoring software, and recurring service revenue.

Broad incumbents

• Samsung SDS: Samsung SDS is a large Korean ICT services and smart-factory/smart-city platform provider. It competes with C&Tech across the smart-factory and public-sector IoT verticals in Korea but at vastly larger scale, with broader service offerings.
• LG CNS: LG CNS is a major Korean system integrator offering smart factory, smart building, and public-sector digital platforms. It is an adjacent incumbent in the same Korean verticals C&Tech addresses (manufacturing, buildings, government) but at enterprise scale with much broader portfolio offerings.
• PTC (ThingWorx): PTC's ThingWorx is an established industrial IoT platform for connected assets, smart factory, and digital twin deployments. It competes broadly with C&Tech's smart-factory and asset-management software offerings, but as part of PTC's broader PLM/CAD portfolio rather than as a focused Korean player.

Emerging players

• Sigfox: Sigfox operates a global low-power wide-area network (LPWAN) and offers IoT connectivity for asset-tracking devices. C&Tech's Iron tracker explicitly supports Sigfox, indicating direct technical alignment on low-power asset-monitoring connectivity infrastructure.
• Losant: Losant is an enterprise IoT platform offering low-code workflows, dashboards, and device management for asset monitoring and smart-building/factory use cases. Comparable to the software side of C&Tech's Mobile MES, Digital Twin, and Noti platforms, though Losant is platform-only without its own hardware.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

Compliance9 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds2 records

Investors3 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 C&Tech