About Auveco
Auveco is a company based in Covington (United States) founded in 1916 was acquired by GHK Capital Partners in May 2022.. Auveco has raised $19.5 million across 3 funding rounds from investors including Fidus Investment, Tenex Capital Management and GHK Capital Partners. Auveco has completed 3 acquisitions, including ClipLizard, Marli Manufacturing and W & E Sales. Auveco offers products and services including Potatoes and Grain Marketing.
- Headquarter Covington, United States
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Email
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Phone
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Website
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Social
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- 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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Total Equity Funding
$19.5 M (USD)
in 3 rounds
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Latest Funding Round
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Investors
Fidus Investment
& 2 more
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Employee Count
Employee Count
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Investments & Acquisitions
ClipLizard
& 2 more
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Acquired by
GHK Capital Partners
(May 10, 2022)
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Products & Services of Auveco
Auveco 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 by the company
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Funding Insights of Auveco
Auveco has successfully raised a total of $19.5M across 3 strategic funding rounds. 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 Last Round
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2018 | Amount | Private Equity Round - Auveco | Valuation |
investors |
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| Jan, 2018 | Amount | Debt – Conventional - Auveco | Valuation |
investors |
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| Jan, 2018 | Amount | Private Equity Round - Auveco | 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 Auveco
Auveco has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Fidus Investment, Tenex Capital Management and GHK 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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Private equity investments in acquisitions and carve-outs are pursued.
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Founded Year | Domain | Location | |
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PE firm investing in the US
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Founded Year | Domain | Location | |
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A private equity firm focused on industrial sector investments.
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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 Auveco
Auveco has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include ClipLizard, Marli Manufacturing and W & E Sales. 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
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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.
|
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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Company specializing in sourcing and distributing automotive clips and providing LEAN inventory management solutions
|
2003 | ||||
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Automotive fasteners are manufactured and supplied for the industry.
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1980 | ||||
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Manufacturer and distributor of auto parts
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1935 |
| 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 - Auveco
| 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 |
Auveco Comparisons
Competitors of Auveco
| 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 Auveco
When was Auveco founded?
Auveco was founded in 1916 and raised its 1st funding round 102 years after it was founded.
Where is Auveco located?
Auveco is headquartered in Covington, United States. It is registered at Covington, Kentucky, United States.
Who is the current CEO of Auveco?
Jeffrey Gilkinson is the current CEO of Auveco.
Is Auveco a funded company?
Auveco is a funded company, having raised a total of $19.5M across 3 funding rounds to date.
What does Auveco do?
Auveco was founded in 1916 and is headquartered in Covington, United States. Operations are centered on the manufacturing of body hardware and specialty fasteners for industrial applications. Products are distributed through the companys domain, auveco.com, serving sectors such as automotive and construction. Leadership is provided by CEO Jeffrey Gilkinson, with a focus on precision engineering and supply chain reliability in the fasteners industry.
What products or services does Auveco offer?
Auveco offers Potatoes and Grain Marketing.
How many acquisitions has Auveco made?
Auveco has made 3 acquisitions, including ClipLizard, Marli Manufacturing, and W & E Sales.
Who are Auveco's investors?
Auveco has 3 investors. Key investors include Fidus Investment, Tenex Capital Management, and GHK Capital Partners.