About AirBorn
AirBorn is a company based in Georgetown (United States) founded in 1958 was acquired by Molex in November 2024.. The company has 1,475 employees as of December 31, 2022. AirBorn has completed 3 acquisitions, including AESCO Electronics, Central Minnesota Tool and Strataflex. AirBorn offers products and services including Potatoes and Grain Marketing.
- Headquarter Georgetown, United States
- Employees 1475 as on 31 Dec, 2022
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Maine Potato Growers, Inc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$60 M (USD), Debt – Conventional
Oct 24, 2018
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Investors
Molex
& 1 more
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Employee Count
1475
as on Dec 31, 2022
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Investments & Acquisitions
AESCO Electronics
& 2 more
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Acquired by
Molex
(Nov 14, 2024)
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Products & Services of AirBorn
AirBorn offers a comprehensive portfolio of products and services, including Potatoes and Grain Marketing. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Potatoes are farmed and sold for food and industrial uses by the company.
Grains are promoted and distributed from farms through established channels.
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Software Development Team
16 people
Product Management Team
8 people
Sales and Marketing
8 people
Leadership Team
7 people
Account Team
5 people
Operations Team
4 people
Human Resources and Administration
4 people
Senior Team
4 people
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Funding Insights of AirBorn
- Total Funding Total Funding
- Total Rounds 1
- Last Round Debt – Conventional — $60.0M
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First Round
First Round
(24 Oct 2018)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2018 | Amount | Debt – Conventional - AirBorn | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in AirBorn
AirBorn has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Molex and LBC Credit Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Private equity investment firm based out of USA
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Founded Year | Domain | Location | |
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Communication equipment manufacturer
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by AirBorn
AirBorn has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include AESCO Electronics, Central Minnesota Tool and Strataflex. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Precision tools and assemblies are manufactured for various applications.
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2022 | ||||
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Logistic services for oil and gas operations are provided.
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1983 | ||||
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Interconnect, passive, and electro-mechanical products are distributed to industries.
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1949 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - AirBorn
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Airborn Comparisons
Competitors of AirBorn
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about AirBorn
When was AirBorn founded?
AirBorn was founded in 1958 and raised its 1st funding round 60 years after it was founded.
Where is AirBorn located?
AirBorn is headquartered in Georgetown, United States.
Who is the current CEO of AirBorn?
Cindy Lewis is the current CEO of AirBorn.
How many employees does AirBorn have?
As of Dec 31, 2022, the latest employee count at AirBorn is 1,475.
What does AirBorn do?
AirBorn was founded in 1958 and is headquartered in Georgetown, United States. Engineering and manufacturing of connectors and electronic components are focused on for original equipment manufacturers in sectors including aerospace, energy, marine, medical, defense, and telecommunications. Products such as connectors, cable assemblies, flexible circuit assemblies, and double-sided flex assemblies are produced. Services offered include contract manufacturing, circuit board fabrication, and testing with quality certification.
What products or services does AirBorn offer?
AirBorn offers Potatoes and Grain Marketing.
How many acquisitions has AirBorn made?
AirBorn has made 3 acquisitions, including AESCO Electronics, Central Minnesota Tool, and Strataflex.
Who are AirBorn's investors?
AirBorn has 2 investors. Key investors include Molex, and LBC Credit Partners.
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