What is Kore?
Kore, officially KORE INC., is a Research and Development Company with nearly 25 years of experience providing innovative automation system solutions across the United States. The company specializes in the design, engineering, and manufacture of custom state-of-the-art controls, complemented by a range of value-added services including PLC, SLC, and Micro-Based Solutions programming. Kore's expertise extends to custom design services tailored to unique client requirements. Their automation solutions have been implemented in facilities for the U.S. Postal Service, as well as for major private sector clients such as Ford Motor Company and Toyota, demonstrating a robust capability to serve diverse industrial needs.
How much funding has Kore raised?
Kore has raised a total of $737K across 2 funding rounds:
Debt
$350K
Debt
$387K
Debt (2020): $350K with participation from PPP
Debt (2021): $387K led by PPP
Key Investors in Kore
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Kore?
The recent major strategic investment signals a pivotal phase for Kore, likely aimed at expanding its technological capabilities, market reach, or operational capacity. Given its long-standing history and established client base, this capital infusion is expected to fuel further innovation in automation systems and potentially target new industries or enhance existing service offerings. The company's focus on custom solutions and value-added services positions it well to leverage this financing for sustained growth and to solidify its competitive advantage in the automation landscape.
See full Kore company page
