AxleTech

Troy, United States Founded: 2002 • Age: 24 yrs Acquired By Meritor
Axle components, brakes, and aftermarket parts are manufactured and supplied.
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About AxleTech

AxleTech is a company based in Troy (United States) founded in 2002 was acquired by Meritor in May 2019.. AxleTech offers products and services including Potatoes and Grain Marketing.

  • Headquarter Troy, United States
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Maine Potato Growers, Inc
Operational Areas
Transportation, Automotive & Logistics → Transportation Infrastructure Development
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Meritor

    & 2 more

    (May 08, 2019)

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Products & Services of AxleTech

AxleTech 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.

Primary

Potatoes are farmed and sold for food and industrial uses, forming a core part of the operations

Grains are promoted and distributed from farms, contributing to the broader agricultural activities

Funding Insights of AxleTech

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Feb, 2015 Amount Debt – Venture - AxleTech Valuation

investors

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 AxleTech

AxleTech has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include The Carlyle Group, Meritor and Business Development Corporation of America. 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
Venture Fund
Institutional
Investor Description Founded Year Domain Location
-
Founded Year Domain Location
Private equity investments are directed toward multiple sectors.
Founded Year Domain Location
Transmission and braking components are manufactured for commercial vehicles.
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 AxleTech

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 - AxleTech

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

Axletech Comparisons

Employees
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Competitors of AxleTech

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 Axletech

Frequently Asked Questions about AxleTech

When was AxleTech founded?

AxleTech was founded in 2002 and raised its 1st funding round 13 years after it was founded.

Where is AxleTech located?

AxleTech is headquartered in Troy, United States.

Who is the current CEO of AxleTech?

Chris Villavarayan is the current CEO of AxleTech.

What does AxleTech do?

AxleTech was founded in 2002 and is headquartered in Troy, United States. Manufacturing and supply of axle components, brakes, and aftermarket parts are conducted within the automotive sector. Operations emphasize reliability for heavy-duty vehicles, with products distributed to domestic and international markets. Leadership is provided by CEO Chris Villavarayan, overseeing core functions in component production and distribution.

What products or services does AxleTech offer?

AxleTech offers Potatoes and Grain Marketing.

Who are AxleTech's investors?

AxleTech has 3 investors. Key investors include The Carlyle Group, Meritor, and Business Development Corporation of America.

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