About Arc Drilling
Arc Drilling is a company based in Cleveland (United States) founded in 1961 by Cal McKee was acquired by Washington Equity Partners in November 2017.. The company has 33 employees as of December 31, 2022.
- Headquarter Cleveland, United States
- Employees 33 as on 31 Dec, 2022
- Founders Cal McKee
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Sectors
Industrial Goods & Manufacturing
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
33
as on Dec 31, 2022
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Acquired by
Washington Equity Partners
(Nov 21, 2017)
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Finance and Accounting
2 people
Operations Team
1 people
Leadership Team
1 people
Office Team
1 people
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Funding Insights of Arc Drilling
| 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 Arc Drilling
Arc Drilling has secured backing from 1 investor. Prominent investors backing the company include Washington Equity 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 investments are made in lower middle-market businesses.
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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 Arc Drilling
| 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 - Arc Drilling
| 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 |
Arc Drilling Comparisons
Competitors of Arc Drilling
| 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 Arc Drilling
When was Arc Drilling founded?
Arc Drilling was founded in 1961.
Where is Arc Drilling located?
Arc Drilling is headquartered in Cleveland, United States. It is registered at Cleveland, Ohio, United States.
Who is the current CEO of Arc Drilling?
Jason Busse is the current CEO of Arc Drilling.
How many employees does Arc Drilling have?
As of Dec 31, 2022, the latest employee count at Arc Drilling is 33.
What does Arc Drilling do?
Arc Drilling was established in 1961 by founder Cal McKee in Cleveland, United States. Operations focus on the manufacturing sector, where drilling products are produced for various applications. The company is currently led by CEO Jason Busse. Activities are centered in the United States, with products distributed through the domain arcdrilling.com. Core services include product development and supply for drilling needs.
Who are Arc Drilling's investors?
Arc Drilling has 1 investor. Key investors include Washington Equity Partners.