About Corrosion Service
Corrosion Service was established in 1950 and is based in Toronto, Canada. Focus is placed on the energy and infrastructure sectors, where corrosion management, cathodic protection systems, AC mitigation strategies, and integrity assessments are delivered. Engineering expertise is applied to evaluate and protect pipelines, storage tanks, and related assets from degradation. Operations extend across North America, supporting compliance with industry standards through technical consultations and monitoring services.
- Headquarter Toronto, Canada
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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
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Investors
Scotiabank
& 1 more
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Employee Count
Employee Count
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Acquired by
Scotiabank
(Jun 01, 2015)
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Funding Insights of Corrosion Service
- 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, 2015 | Amount | Debt – Conventional - Corrosion Service | Valuation |
investors |
| 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 Corrosion Service
Corrosion Service has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Scotiabank and Crown 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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Distributed power and broadband network solutions are developed.
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Founded Year | Domain | Location | |
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Commercial banking services are provided internationally by Scotiabank.
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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 Corrosion Service
| 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 - Corrosion Service
| 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 |
Corrosion Service Comparisons
Competitors of Corrosion Service
| 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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Frequently Asked Questions about Corrosion Service
When was Corrosion Service founded?
Corrosion Service was founded in 1950 and raised its 1st funding round 65 years after it was founded.
Where is Corrosion Service located?
Corrosion Service is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
What does Corrosion Service do?
Corrosion Service was established in 1950 and is based in Toronto, Canada. Focus is placed on the energy and infrastructure sectors, where corrosion management, cathodic protection systems, AC mitigation strategies, and integrity assessments are delivered. Engineering expertise is applied to evaluate and protect pipelines, storage tanks, and related assets from degradation. Operations extend across North America, supporting compliance with industry standards through technical consultations and monitoring services.
Who are Corrosion Service's investors?
Corrosion Service has 2 investors. Key investors include Scotiabank, and Crown Capital Partners.
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