About DoItBest
DoItBest is a company based in Fort Wayne (United States) founded in 1945 was acquired by R.P. Lumber in October 2025.. The company has 1,428 employees as of December 31, 2021. DoItBest has completed 2 acquisitions, including Affiliated Lumber and Goecker Building Supplies. DoItBest operates in a competitive market with competitors including BuildDirect, BlueLinx Corporation, Coastal Construction Products, Peerflix and AAA Distributor, among others.
- Headquarter Fort Wayne, United States
- Employees 1428 as on 31 Dec, 2021
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Sectors
Real Estate & ConstructionRetail
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Do It Best 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
$7.5 M (USD), Debt – Conventional
Jan 23, 2018
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Investors
Huntington National Bank
& 2 more
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Employee Count
1428
as on Dec 31, 2021
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Investments & Acquisitions
Affiliated Lumber
& 1 more
- Acquired by
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Funding Insights of DoItBest
- Total Funding Total Funding
- Total Rounds 1
- Last Round Debt – Conventional — $7.5M
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First Round
First Round
(23 Jan 2018)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2018 | Amount | Debt – Conventional - DoItBest | 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 DoItBest
DoItBest has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Huntington National Bank, R.P. Lumber Company and Nation's Best. 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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Commercial banking services are provided across the United States.
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Founded Year | Domain | Location | |
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Lumber and construction materials are supplied by the company.
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Founded Year | Domain | Location | |
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Nation's Best is engaged in operating locally branded hardware stores.
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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 DoItBest
DoItBest has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Affiliated Lumber and Goecker Building Supplies. 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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High-quality lumber and building materials are supplied in Swanton, OH.
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2004 | ||||
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Photo and video equipment is supplied through stores and online.
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1974 |
| 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 - DoItBest
| 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 |
Doitbest Comparisons
Competitors of DoItBest
DoItBest 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 BuildDirect, BlueLinx Corporation, Coastal Construction Products, Peerflix and AAA Distributor, 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 |
Online B2B marketplace for building and home improvement products
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| domain | founded_year | HQ Location |
B2B e-distributor platform offering building supplies
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| domain | founded_year | HQ Location |
MarketPlace for Construction Materials
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| domain | founded_year | HQ Location |
Construction materials are procured via an online marketplace platform.
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| domain | founded_year | HQ Location |
Wholesale home improvement hardware supplies are distributed online.
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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 Doitbest
Frequently Asked Questions about DoItBest
When was DoItBest founded?
DoItBest was founded in 1945 and raised its 1st funding round 73 years after it was founded.
Where is DoItBest located?
DoItBest is headquartered in Fort Wayne, United States. It is registered at Fort Wayne, Indiana, United States.
Who is the current CEO of DoItBest?
Dan Starr is the current CEO of DoItBest.
How many employees does DoItBest have?
As of Dec 31, 2021, the latest employee count at DoItBest is 1,428.
What does DoItBest do?
DoItBest was founded in 1945 and is headquartered in Fort Wayne, United States. An online marketplace is operated for construction materials and tools, with categories such as building materials, cleaning supplies, doors and windows, electrical fittings, hand tools, HVAC systems, outdoor living equipment, paints and painting supplies, plumbing supplies, and power tools. Retail services are extended to customers in the construction and home improvement sectors.
Who are the top competitors of DoItBest?
DoItBest's top competitors include BuildDirect, BlueLinx Corporation and Coastal Construction Products.
How many acquisitions has DoItBest made?
DoItBest has made 2 acquisitions, including Affiliated Lumber, and Goecker Building Supplies.
Who are DoItBest's investors?
DoItBest has 3 investors. Key investors include Huntington National Bank, R.P. Lumber Company, and Nation's Best.
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