About Compass Systems
Compass Systems is a company based in Barberton (United States) founded in 1998 by Robert Sherrod was acquired by Alston Capital Partners in June 2014.. Compass Systems offers products and services including Mechanical Conveyor Solutions, Engineering Services, and Pneumatic Material Handling. Compass Systems operates in a competitive market with competitors including Central Conveyor, NORCAN, Vega Conveyors and Automation, BloApCo and Ultimation, among others.
- Headquarter Barberton, United States
- Founders Robert Sherrod
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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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- Legal Name Compass Systems & Sales, Llc
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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
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Acquired by
Alston Capital Partners
(Jun 01, 2014)
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Products & Services of Compass Systems
Compass Systems offers a comprehensive portfolio of products and services, including Mechanical Conveyor Solutions, Engineering Services, and Pneumatic Material Handling. 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 efficient material movement and scrap handling
Designs and audits material handling solutions for industries
Handles materials like dust and products via air conveyance
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Funding Insights of Compass Systems
| 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 Compass Systems
Compass Systems has secured backing from 1 investor. Prominent investors backing the company include Alston Capital Partners. 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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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 Compass Systems
| 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 - Compass Systems
| 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 |
Compass Systems Comparisons
Competitors of Compass Systems
Compass Systems 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 Central Conveyor, NORCAN, Vega Conveyors and Automation, BloApCo and Ultimation, 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 |
Automated conveyors and material handling systems are manufactured and supplied.
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Provider of collaborative robot for material handling
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| domain | founded_year | HQ Location |
Material handling and conveying equipment is manufactured for automation needs.
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| domain | founded_year | HQ Location |
Waste handling and processing systems are manufactured by BloApCo.
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| domain | founded_year | HQ Location |
Conveyor belts are manufactured by Ultimation for industrial applications.
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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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Frequently Asked Questions about Compass Systems
When was Compass Systems founded?
Compass Systems was founded in 1998.
Where is Compass Systems located?
Compass Systems is headquartered in Barberton, United States. It is registered at Barberton, Ohio, United States.
Who is the current CEO of Compass Systems?
Robert Sherrod is the current CEO of Compass Systems. They have also founded this company.
What does Compass Systems do?
Compass Systems was founded in 1998 in Barberton, United States, by Robert Sherrod, who serves as CEO. Material handling solutions, including pneumatic systems and steel hinged belts, are offered to industrial clients. Operations focus on designing and supplying equipment for efficient conveyance and processing in manufacturing sectors. The company maintains a presence in the United States, supporting various applications in heavy-duty environments.
Who are the top competitors of Compass Systems?
Compass Systems's top competitors include Vega Conveyors and Automation, Central Conveyor and Ultimation.
What products or services does Compass Systems offer?
Compass Systems offers Mechanical Conveyor Solutions, Engineering Services, and Pneumatic Material Handling.
Who are Compass Systems's investors?
Compass Systems has 1 investor. Key investors include Alston Capital Partners.