About Club Car
Club Car is a company based in Augusta (United States) founded in 1958.. The company has 31 employees as of April 07, 2024. Club Car has completed 1 acquisition, including Garia Utility. Club Car offers products and services including ONWARD, CARRYALL, and TEMPO. Club Car operates in a competitive market with competitors including SIERRA, Battle Approved Motors, Star EV, Tomberlin Group and Lido Motors USA, among others.
- Headquarter Augusta, United States
- Employees 31 as on 07 Apr, 2024
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Club Car Engineering Centre Private Limited
- Date of Incorporation 21 May, 2021
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$1.37 M (USD)65.63as on Mar 31, 2023
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Net Profit
$42.31 K (USD)2649.31as on Mar 31, 2023
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EBITDA
$362.92 K (USD)11.3as on Mar 31, 2023
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Latest Funding Round
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Investors
Kelso & Company
& 3 more
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Employee Count
31
as on Apr 07, 2024
- Investments & Acquisitions
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Acquired by
& 3 more
(Mar 18, 2024)
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Products & Services of Club Car
Club Car offers a comprehensive portfolio of products and services, including ONWARD, CARRYALL, and TEMPO. 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.
Golf cart for personal and recreational use with multiple configurations
Vehicle for industrial tasks like maintenance and transport
Golf cart designed for fleet use in courses and resorts
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Software Development Team
39 people
Sales and Marketing
11 people
Finance and Accounting
9 people
Senior Team
7 people
Human Resources and Administration
6 people
Leadership Team
4 people
Product Management Team
3 people
Lead Team
3 people
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Funding Insights of Club Car
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 1988 | Amount | Private Equity Round - Club Car | Valuation | Kelso & Company |
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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 Club Car
Club Car has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Kelso & Company, Platinum Equity and Ingersoll Rand. 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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Private equity investments are directed toward multiple sectors.
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Founded Year | Domain | Location | |
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Platinum Equity is engaged in private equity and credit investments.
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Founded Year | Domain | Location | |
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Private equity, real estate, and credit investments are managed globally.
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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 Club Car
Club Car has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Garia Utility. 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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Electric utility vehicles are developed by Garia Utility in Denmark.
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2015 |
| 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 - Club Car
| 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 |
Club Car Comparisons
Competitors of Club Car
Club Car 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 SIERRA, Battle Approved Motors, Star EV, Tomberlin Group and Lido Motors USA, 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 adrenaline-fueled electric vehicles for racing
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| domain | founded_year | HQ Location |
Produces high-quality utility task vehicles for various applications.
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| domain | founded_year | HQ Location |
Produces electric golf carts and street-legal vehicles for urban and recreational use.
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| domain | founded_year | HQ Location |
Manufactures light neighborhood electric vehicles for consumers.
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| domain | founded_year | HQ Location |
Specializes in electric neighborhood and recreational vehicles.
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| 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 Club Car
Frequently Asked Questions about Club Car
When was Club Car founded?
Club Car was founded in 1958 and raised its 1st funding round 30 years after it was founded.
Where is Club Car located?
Club Car is headquartered in Augusta, United States. It is registered at Augusta, Georgia, United States.
How many employees does Club Car have?
As of Apr 07, 2024, the latest employee count at Club Car is 31.
What is the annual revenue of Club Car?
Annual revenue of Club Car is $1.37M as on Mar 31, 2023.
What does Club Car do?
Club Car was founded in 1958 and is headquartered in Augusta, United States, as a subsidiary of Ingersoll Rand. Electric golf carts and light utility vehicles are produced for personal and commercial purposes within the transportation sector. Gas and diesel powered models are also manufactured to support diverse applications. Operations emphasize low-speed vehicles designed for efficiency and reliability.
Who are the top competitors of Club Car?
Club Car's top competitors include SIERRA, Battle Approved Motors and Star EV.
What products or services does Club Car offer?
Club Car offers ONWARD, CARRYALL, and TEMPO.
How many acquisitions has Club Car made?
Club Car has made 1 acquisition, including Garia Utility.
Who are Club Car's investors?
Club Car has 4 investors. Key investors include Kelso & Company, Platinum Equity, Ingersoll Rand, and Investcorp.