About Class 1 Inc.
Class 1 Inc. is a company based in Cambridge (Canada) founded in 1995 was acquired by Atlas Copco Group in March 2019.. The company has 62 employees as of December 31, 2024. Class 1 Inc. offers products and services including Medical Gas Equipment, Installation Services, and Training and Optimization. Class 1 Inc. operates in a competitive market with competitors including Pushpa Healthcare, Medigas Service and Testing, William G. Frank Medical Gas Testing & Consulting, Star Medical acid machine and Nordisk VVS, among others.
- Headquarter Cambridge, Canada
- Employees 62 as on 31 Dec, 2024
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Sectors
Healthcare
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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 Class 1 Inc.
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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
62
as on Dec 31, 2024
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Acquired by
Atlas Copco Group
(Mar 19, 2019)
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Products & Services of Class 1 Inc.
Class 1 Inc. offers a comprehensive portfolio of products and services, including Medical Gas Equipment, Installation Services, and Training and Optimization. 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.
Systems for air, vacuum, and oxygen supply in healthcare.
Design and engineering for medical gas pipelines.
Programs for maintenance and compliance in medical systems.
Funding Insights of Class 1 Inc.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Class 1 Inc.
Class 1 Inc. has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Atlas Copco 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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Compressors, generators, pumps, vacuum solutions, and assembly systems are 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 Class 1 Inc.
| 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 - Class 1 Inc.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Class 1 Inc. Comparisons
Competitors of Class 1 Inc.
Class 1 Inc. 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 Pushpa Healthcare, Medigas Service and Testing, William G. Frank Medical Gas Testing & Consulting, Star Medical acid machine and Nordisk VVS, 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 |
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| domain | founded_year | HQ Location |
Manufactures a range of healthcare products to support medical and wellness needs.
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| domain | founded_year | HQ Location |
Medical gas services and testing are provided nationwide.
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| domain | founded_year | HQ Location |
Provider of medical gas testing, verification, and maintenance services for healthcare facilities.
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| domain | founded_year | HQ Location |
Medical gas services and supplies are provided for healthcare needs.
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| domain | founded_year | HQ Location |
Medical gas and plumbing services are provided for hospitals.
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| 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 Class 1 Inc.
Frequently Asked Questions about Class 1 Inc.
When was Class 1 Inc. founded?
Class 1 Inc. was founded in 1995.
Where is Class 1 Inc. located?
Class 1 Inc. is headquartered in Cambridge, Canada. It is registered at Cambridge, Ontario, Canada.
How many employees does Class 1 Inc. have?
As of Dec 31, 2024, the latest employee count at Class 1 Inc. is 62.
What does Class 1 Inc. do?
Class 1 Inc. was founded in 1995 in Cambridge, Canada, with operations centered on the healthcare sector. Medical gas systems for air, vacuum, oxygen, and anesthetic scavenging are designed, engineered, and installed in facilities nationwide. Aftermarket services include maintenance, inspections, training, and lifecycle management to support compliance and reliability. Pipeline equipment solutions are managed to ensure operational standards.
Who are the top competitors of Class 1 Inc.?
Class 1 Inc.'s top competitors include William G. Frank Medical Gas Testing & Consulting, Medigas Service and Testing and Nordisk VVS.
What products or services does Class 1 Inc. offer?
Class 1 Inc. offers Medical Gas Equipment, Installation Services, and Training and Optimization.
Who are Class 1 Inc.'s investors?
Class 1 Inc. has 1 investor. Key investors include Atlas Copco Group.