BACKRACK

Oakville, Canada Founded: 2012 • Age: 14 yrs Acquired By Truck Hero
Automotive racks and accessories are manufactured by BACKRACK in Canada.
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About BACKRACK

BACKRACK is a company based in Oakville (Canada) founded in 2012 was acquired by Truck Hero in May 2019.. BACKRACK operates in a competitive market with competitors including Mountain Top Industries, BAK Industries, Retrax and DiamondBack Truck Covers, among others.

  • Headquarter Oakville, Canada
  • Sectors
    Transportation, Automotive & Logistics
  • Phone
    *********
  • Website
    *********
Operational Areas
Transportation, Automotive & Logistics → Automotive Manufacturing & Engineering
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Truck Hero

    (May 01, 2019)

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Funding Insights of BACKRACK

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 BACKRACK

BACKRACK has secured backing from 1 investor. Prominent investors backing the company include Truck Hero. 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
Investor Description Founded Year Domain Location
Pickup truck accessories are manufactured and distributed by Truck Hero.
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 BACKRACK

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 - BACKRACK

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

Backrack Comparisons

Employees
+
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Competitors of BACKRACK

BACKRACK operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Mountain Top Industries, BAK Industries, Retrax and DiamondBack Truck Covers, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Manufacturer of pick-up truck accessories
domain founded_year HQ Location
Provides truck bed accessories for various applications.
domain founded_year HQ Location
Manufactures aluminum retractable tonneau covers and truck accessories for consumers.
domain founded_year HQ Location
Manufactures secure, weatherproof truck bed covers and outdoor accessories for vehicles.
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 Backrack

Truck Hero Acquires BACKRACK Truck Racks
Aftermarketnews6 years ago

Frequently Asked Questions about BACKRACK

When was BACKRACK founded?

BACKRACK was founded in 2012.

Where is BACKRACK located?

BACKRACK is headquartered in Oakville, Canada. It is registered at Oakville, Ontario, Canada.

What does BACKRACK do?

BACKRACK was established in 2012 in Oakville, Canada, within the automotive manufacturing sector. Racks and accessories for vehicles are produced at the facility, supporting transportation and utility needs. Operations are centered on design and fabrication processes, with distribution handled via the domain backrack.ca. The company maintains a focus on North American markets, adhering to industry standards for durability and functionality.

Who are the top competitors of BACKRACK?

BACKRACK's top competitors include Mountain Top Industries, BAK Industries and Retrax.

Who are BACKRACK's investors?

BACKRACK has 1 investor. Key investors include Truck Hero.

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