About Algo Group
Algo Group is a company based in Como (Italy) founded in 1978 was acquired by Star Capital in December 2010.. Algo Group offers products and services including Window Regulators, Handles, Switches, and Fasteners. Algo Group operates in a competitive market with competitors including OMP Racing, Bellelli, ODE, Qshino and AMP Group, among others.
- Headquarter Como, Italy
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Sectors
Transportation, Automotive & Logistics
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Algo S.P.A.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Ardian
& 1 more
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Employee Count
Employee Count
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Acquired by
Star Capital
(Dec 01, 2010)
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Products & Services of Algo Group
Algo Group offers a comprehensive portfolio of products and services, including Window Regulators, Handles, Switches, and Fasteners. 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.
Components for vehicle window mechanisms ensuring reliable operation.
Door and interior handles designed for durability in vehicles.
Control switches for automotive systems to enhance functionality.
Secure fastening elements for automotive assembly and repair.
Funding Insights of Algo Group
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2015 | Amount | Private Equity Round - Algo Group | Valuation | Ardian |
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| 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 Algo Group
Algo Group has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Ardian and Star Capital. 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 investment firm specializing in markets and partnerships.
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Founded Year | Domain | Location | |
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Star Capital is engaged in private equity investments in Italian SMEs.
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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 Algo Group
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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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 |
Financial Statements - Algo Group
| 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 |
Algo Group Comparisons
Competitors of Algo Group
Algo Group operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as OMP Racing, Bellelli, ODE, Qshino and AMP Group, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Automotive aftermarket accessories are manufactured and supplied by OMP Racing.
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| domain | founded_year | HQ Location |
Automotive aftermarket accessories are manufactured and supplied globally.
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| domain | founded_year | HQ Location |
Automotive aftermarket accessories are manufactured by ODE.
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| domain | founded_year | HQ Location |
Smart cushion and app that detect and alert if a child is left in the car.
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| domain | founded_year | HQ Location |
Manufacturer of aftermarket car window regulators
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| 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 Algo Group
When was Algo Group founded?
Algo Group was founded in 1978 and raised its 1st funding round 37 years after it was founded.
Where is Algo Group located?
Algo Group is headquartered in Como, Italy. It is registered at Como, Lombardy, Italy.
Who is the current CEO of Algo Group?
Marco Meliga is the current CEO of Algo Group.
What does Algo Group do?
Algo Group was founded in 1978 in Como, Italy, and operates within the automotive aftermarket sector. Accessories for vehicles are produced and supplied, focusing on components that enhance functionality and performance. Operations are centered in Italy, with distribution extending to international markets. The company is led by CEO Marco Meliga, and emphasis is placed on quality manufacturing processes for aftermarket needs.
Who are the top competitors of Algo Group?
Algo Group's top competitors include OMP Racing, AMP Group and ODE.
What products or services does Algo Group offer?
Algo Group offers Window Regulators, Handles, Switches, and Fasteners.
Who are Algo Group's investors?
Algo Group has 2 investors. Key investors include Ardian, and Star Capital.