About Auto Meter
Auto Meter is a company based in Chicago (United States) founded in 1957.. Auto Meter has raised $21.3 million across 3 funding rounds from investors including PNC and Avante Capital Partners. The company has 181 employees as of December 31, 2022. Auto Meter has completed 3 acquisitions, including COBB Tuning, Palmer Performance and ProParts.
- Headquarter Chicago, United States
- Employees 181 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
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$21.3 M (USD)
in 3 rounds
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Latest Funding Round
$21.3 M (USD), Series B
Jun 01, 2014
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Investors
PNC
& 1 more
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Employee Count
181
as on Dec 31, 2022
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Investments & Acquisitions
COBB Tuning
& 2 more
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Funding Insights of Auto Meter
Auto Meter has successfully raised a total of $21.3M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $21.3 million completed in June 2014. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series B — $21.3M
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2014 | Amount | Series B - Auto Meter | Valuation |
investors |
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| May, 2013 | Amount | Seed - Auto Meter | Valuation |
investors |
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| May, 2013 | Amount | Debt – Conventional - Auto Meter | 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 Auto Meter
Auto Meter has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include PNC and Avante Capital 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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Founded Year | Domain | Location | |
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Commercial banking and financing services are provided by PNC.
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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 Auto Meter
Auto Meter has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include COBB Tuning, Palmer Performance and ProParts. 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.
|
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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Automotive sensors, controllers, and parts are designed and manufactured.
|
2007 | ||||
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Software for vehicle diagnostics and communication is provided.
|
2003 | ||||
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Manufacturer of automotive auto parts
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1999 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Auto Meter
| 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 |
Auto Meter Comparisons
Competitors of Auto Meter
| 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 Auto Meter
When was Auto Meter founded?
Auto Meter was founded in 1957 and raised its 1st funding round 56 years after it was founded.
Where is Auto Meter located?
Auto Meter is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Is Auto Meter a funded company?
Auto Meter is a funded company, having raised a total of $21.3M across 3 funding rounds to date.
How many employees does Auto Meter have?
As of Dec 31, 2022, the latest employee count at Auto Meter is 181.
What does Auto Meter do?
Auto Meter Products was founded in 1957 and is based in Chicago, United States, within the automotive technology sector. Tachometers, speedometers, and gauges are produced, alongside battery system test equipment and chargers such as handheld testers, bench-top units, networked solutions, printers, meters, power supplies, and leak detectors. Accessories including direct-fit and universal mounting options, apparel, electronic modules, lighting, senders, harnesses, and warning lights are also supplied.
How many acquisitions has Auto Meter made?
Auto Meter has made 3 acquisitions, including COBB Tuning, Palmer Performance, and ProParts.
Who are Auto Meter's investors?
Auto Meter has 2 investors. Key investors include PNC, and Avante Capital Partners.
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