About Carmanah
Carmanah is a company based in Victoria (Canada) founded in 1996 was acquired by Vance Street Capital in May 2022.. Carmanah has completed 6 acquisitions, including Informationdisplay.com, Sabik and Solar Lighting. Carmanah offers products and services including Rectangular Rapid Flashing Beacons, Radar Speed Signs, and School Zone Flashing Beacons.
- Headquarter Victoria, Canada
- Stage Public
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Sectors
Energy & Utilities
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Carmanah Technologies Corp.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$1.91 M (USD), Post-IPO
May 08, 2015
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Investors
Polara
& 1 more
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Employee Count
Employee Count
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Investments & Acquisitions
Informationdisplay.com
& 5 more
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Acquired by
Vance Street Capital
(May 03, 2022)
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Products & Services of Carmanah
Carmanah offers a comprehensive portfolio of products and services, including Rectangular Rapid Flashing Beacons, Radar Speed Signs, and School Zone Flashing Beacons. 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.
Enhances pedestrian safety at crosswalks with flashing lights.
Displays vehicle speeds to promote compliance in school zones.
Alerts drivers in school areas to reduce speed and improve safety.
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Funding Insights of Carmanah
- Total Funding Total Funding
- Total Rounds 2
- Last Round Post-IPO — $1.9M
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First Round
First Round
(07 Apr 2015)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2015 | Amount | Post-IPO - Carmanah | Valuation |
investors |
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| Apr, 2015 | Amount | Post-IPO - Carmanah | Valuation |
investors |
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| 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 Carmanah
Carmanah has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Polara and Vance Street Capital. 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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A private equity firm focused on manufacturing and engineering investments.
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Founded Year | Domain | Location | |
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Durable, technologically advanced, ADA-compliant crosswalk devices are designed and manufactured.
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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 Carmanah
Carmanah has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include Informationdisplay.com, Sabik and Solar Lighting. 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
|
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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Marine and Offshore solutions developer
|
2012 | ||||
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Manufactures solar LED lighting systems
|
2004 | ||||
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Compliant solar and AC-powered systems for traffic safety are manufactured.
|
2000 |
| 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
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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 - Carmanah
| 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 |
Carmanah Comparisons
Competitors of Carmanah
| 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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Latest news on Carmanah
Frequently Asked Questions about Carmanah
When was Carmanah founded?
Carmanah was founded in 1996 and raised its 1st funding round 19 years after it was founded.
Where is Carmanah located?
Carmanah is headquartered in Victoria, Canada. It is registered at Victoria, British Columbia, Canada.
Who is the current CEO of Carmanah?
Geoff Wilcox is the current CEO of Carmanah.
What does Carmanah do?
Carmanah designs, develops and distributes energy efficient LED solutions for infrastructure which finds applications in signaling systems for the marine, airfield, offshore wind marking, aviation obstruction and traffic markets, etc. The company has deployed over 400,000 installations in 110 countries and owns brand like Go Power!; and recently acquired companies like Sol and Sabik. Carmanah also offers solar EPC solutions for on-grid and off-grid sites.
What products or services does Carmanah offer?
Carmanah offers Rectangular Rapid Flashing Beacons, Radar Speed Signs, and School Zone Flashing Beacons.
How many acquisitions has Carmanah made?
Carmanah has made 6 acquisitions, including Informationdisplay.com, Sabik, and Solar Lighting.
Who are Carmanah's investors?
Carmanah has 2 investors. Key investors include Polara, and Vance Street Capital.