About Avtron Aerospace
Avtron Aerospace is a company based in Cleveland (United States) founded in 1953 was acquired by Odyssey Investment Partners in January 2017.. Avtron Aerospace has raised $800 thousand across 2 funding rounds from investors including Nidec Group, NMP Capital and Morgenthaler. Avtron Aerospace offers products and services including Aerospace Test Solutions and Service and Support Solutions.
- Headquarter Cleveland, 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 Testek Solutions
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$800 K (USD)
in 2 rounds
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Latest Funding Round
$8 M (USD), Debt – Conventional
Nov 09, 2007
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Investors
Nidec Group
& 4 more
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Employee Count
Employee Count
- Acquired by
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Products & Services of Avtron Aerospace
Avtron Aerospace offers a comprehensive portfolio of products and services, including Aerospace Test Solutions and Service and Support Solutions. 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.
Reliable test systems are designed and manufactured for aerospace components under extreme conditions.
Ongoing support and warranty services are provided for test equipment and facilities.
Funding Insights of Avtron Aerospace
Avtron Aerospace has successfully raised a total of $800K across 2 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $8 million completed in November 2007. 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 2
- Last Round Debt – Conventional — $8.0M
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First Round
First Round
(09 Nov 2007)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2007 | Amount | Debt – Conventional - Avtron Aerospace | Valuation |
investors |
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| Nov, 2007 | Amount | Unspecified - Avtron Aerospace | 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 Avtron Aerospace
Avtron Aerospace has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Nidec Group, NMP Capital and Morgenthaler. 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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Investment solutions are provided by NMP Capital to financial sponsors.
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Founded Year | Domain | Location | |
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Venture capital and private equity investment firm
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Founded Year | Domain | Location | |
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Private equity fund focused on multiple sectors
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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 Avtron Aerospace
| 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 - Avtron Aerospace
| 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 |
Avtron Aerospace Comparisons
Competitors of Avtron Aerospace
| 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 Avtron Aerospace
When was Avtron Aerospace founded?
Avtron Aerospace was founded in 1953 and raised its 1st funding round 54 years after it was founded.
Where is Avtron Aerospace located?
Avtron Aerospace is headquartered in Cleveland, United States. It is registered at Cleveland, Ohio, United States.
Is Avtron Aerospace a funded company?
Avtron Aerospace is a funded company, having raised a total of $800K across 2 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $8M, raised on Nov 09, 2007.
What does Avtron Aerospace do?
Avtron Aerospace was founded in 1953 in Cleveland, United States. Operations focus on the aerospace and defense sector, where test equipment and facilities are designed, manufactured, and supported. Reliable testing solutions are provided for original equipment manufacturers, maintenance, repair, and overhaul organizations, as well as system integrators. Aircraft components and systems are tested across various applications, with comprehensive lifecycle support offered for diverse conditions.
What products or services does Avtron Aerospace offer?
Avtron Aerospace offers Aerospace Test Solutions and Service and Support Solutions.
Who are Avtron Aerospace's investors?
Avtron Aerospace has 5 investors. Key investors include Nidec Group, NMP Capital, Morgenthaler, CW Industrial Partners, and Odyssey Investment Partners.