About Blastrac
Blastrac is a company based in Oklahoma City (United States) founded in 1970 was acquired by Husqvarna Group in February 2021.. Blastrac has completed 1 acquisition, including Cyclone Technology.
- Headquarter Oklahoma City, United States
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Sectors
Industrial Goods & Manufacturing
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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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Latest Funding Round
- Investors
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Employee Count
Employee Count
- Investments & Acquisitions
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Acquired by
Husqvarna Group
(Feb 01, 2021)
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Funding Insights of Blastrac
| 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 Blastrac
Blastrac has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Husqvarna Group. 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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Outdoor power products are manufactured for consumer and professional use.
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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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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 Blastrac
Blastrac has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Cyclone Technology. 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.
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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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Cyclone Technology is engaged in providing innovative hard surface cleaning solutions.
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1995 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Blastrac
| 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 |
Blastrac Comparisons
Competitors of Blastrac
| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Latest news on Blastrac
Frequently Asked Questions about Blastrac
When was Blastrac founded?
Blastrac was founded in 1970.
Where is Blastrac located?
Blastrac is headquartered in Oklahoma City, United States. It is registered at Oklahoma City, Oklahoma, United States.
Who is the current CEO of Blastrac?
Henric Andersson is the current CEO of Blastrac.
What does Blastrac do?
Blastrac was established in 1970 and is based in Oklahoma City, United States. Equipment for construction applications is manufactured and supplied by the company, with a focus on tools used in surface preparation and finishing. Operations are centered in the construction sector, serving contractors through distribution networks in North America and select international markets. Leadership is provided by CEO Henric Andersson, overseeing product development and sales activities.
How many acquisitions has Blastrac made?
Blastrac has made 1 acquisition, including Cyclone Technology.
Who are Blastrac's investors?
Blastrac has 1 investor. Key investors include Husqvarna Group.