American Steamship Company

Williamsville, United States Founded: 1907 • Age: 119 yrs Acquired By Rand Logistics
Marine transportation services are provided across the United States.

About American Steamship Company

American Steamship Company is a company based in Williamsville (United States) founded in 1907 by Adam E Cornelius was acquired by Rand Logistics in February 2020.. American Steamship Company offers products and services including Vessel Transportation Service.

  • Headquarter Williamsville, United States
  • Founders Adam E Cornelius
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Transportation, Automotive & Logistics → Maritime, Ports & Shipping
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Rand Logistics

    (Feb 10, 2020)

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Products & Services of American Steamship Company

American Steamship Company offers a comprehensive portfolio of products and services, including Vessel Transportation Service. 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.

Primary

Offers goods transport via fleet on Great Lakes for commercial needs.

People of American Steamship Company
Headcount 50-200
Employee Profiles 5
Employee Profiles
People
Kevin McMonagle
President
People
Mark Cottone
Senior Network Engineer & System Administrator

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Funding Insights of American Steamship Company

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in American Steamship Company

American Steamship Company has secured backing from 1 investor. Prominent investors backing the company include Rand Logistics. 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.

All
Investor Description Founded Year Domain Location
Marine freight forwarding and shipping services are provided.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by American Steamship Company

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - American Steamship Company

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

American Steamship Company Comparisons

Employees
+
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Competitors of American Steamship Company

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on American Steamship Company

Frequently Asked Questions about American Steamship Company

When was American Steamship Company founded?

American Steamship Company was founded in 1907.

Where is American Steamship Company located?

American Steamship Company is headquartered in Williamsville, United States. It is registered at Williamsville, New York, United States.

Who is the current CEO of American Steamship Company?

Jerome K Welsch is the current CEO of American Steamship Company.

What does American Steamship Company do?

American Steamship Company was established in 1907 in Williamsville, United States, as a provider of marine transportation services. Operations are centered in the shipping sector, with cargo vessels utilized for bulk transport on inland waterways. Services include fleet management and logistics support, primarily serving industrial clients in the Great Lakes region. Leadership is held by CEO Jerome K Welsch, following co-founding by Adam E Cornelius.

What products or services does American Steamship Company offer?

American Steamship Company offers Vessel Transportation Service.

Who are American Steamship Company's investors?

American Steamship Company has 1 investor. Key investors include Rand Logistics.

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