Kornit Digital

#4784

Rank

$855.52M

MarketCap IL

IL Israel

Country

Summary
Kornit Digital Ltd. develops, designs, and markets digital printing solutions for the fashion, apparel, and home decor segments of printed textile industry in the United States, Europe, the Middle East, Africa, the Asia Pacific, and internationally. The company's solutions include digital printing systems, ink and other consumables, associated software, and value-added services. Its products and services include direct-to-garment printing platform for smaller industrial operators to mass producers; NeoPigment ink and other consumables; QuickP designer software; and maintenance and support, consulting, and professional services. The company serves decorators, online businesses, brand owners, and contract printers. Kornit Digital Ltd. was incorporated in 2002 and is headquartered in Rosh HaAyin, Israel.

History

The company was founded in 2002 by a team that previously worked in the digital printing field, at companies such as Scitex and Hewlett-Packard. The company uses the same technology used in digital printing and has applied it to digital textile printing, which has developed more slowly than the field of digital printing.In 2015 Kornit Digital went public.In October 2018 Kornit moved its North American operations to a showroom in Englewood, New Jersey.In August 2020, Kornit Digital announced the acquisition of UK-based global software firm Custom Gateway.In August 2021, Kornit Digital announced the acquisition of a Massachusetts based multi-material footwear manufacturer Voxel8.In 2022, Kornit Digital announced the acquisition of Lichtenau, Germany-based Tesoma manufacturer of textile curing solutions.


Mission
Kornit’s mission is to revolutionize the world of digital textile printing with our innovative technology and solutions. Our customer-centric approach helps textile professionals maximize the potential of their digital printing business by delivering best-in-class solutions that reduce costs, optimize quality and enhance production throughput.

Vision
It is Kornit's vision to bring the world of digital textile printing to the next level by utilizing cutting-edge technology and engineering prowess. By leveraging the power of data, analytics and AI, we will provide our customers with the best possible printing experience.

Key Team

Chuck Meyo (Pres of Kornit Digital North America Inc)

Mr. Ofer Ben-Zur (Co-Founder & Director)

Ms. Lauri A. Hanover (Chief Financial Officer)

Mr. Kobi Mann (Chief Technology Officer)

Mr. Andrew G. Backman (Global Head of Investor Relations)

Mr. Omer Kulka (Chief Marketing Officer)

Ms. Ayelet Oryan Godard (Exec. VP of HR)


Recognition and Awards
Kornit has been the recipient of many awards, including the prestigious Edison Award for Innovation, Best of Menaroom Innovations Award and Best of Digital Printing Innovations Award from SGIA. In 2017, Kornit was listed on the Nasdaq and saw its share price more than double over the course of the year.

References
Kornit Digital
Leadership team

Mr. Ronen Samuel (CEO & Director)

Mr. Ilan Givon (Exec. VP of Operations)

Mr. Amir Shaked-Mandel (Exec. VP of Corp. Devel.)

Products/ Services
Enterprise Software, Manufacturing, Printing, Shipping, Textiles
Number of Employees
500 - 1000
Headquarters
Rosh Ha'ayin, HaMerkaz, Israel
Established
2003
Company Registration
SEC CIK number: 0001625791
Revenue
100M - 500M
Traded as
KRNT
Social Media
Sun Mar 03 2024
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