About Drain-Net
Drain-Net was founded in 2003 in Branchburg, United States, and operates in the drain protection sector for commercial facilities. Products including drain locks, drain socks, and floor sink baskets are provided to kitchen and restaurant operations. Debris is blocked from entering drains by these items, which limits clogs and plumbing costs. Grease trap maintenance intervals are extended, and regulatory fine risks are minimized through their use.
- Headquarter Branchburg, United States
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Sectors
ConsumerIndustrial Goods & Manufacturing
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Email
***********
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Phone
*********
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Website
*********
- Legal Name Drain-Net, 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
Employee Count
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Acquired by
CSW Industrials
(Feb 06, 2024)
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Funding Insights of Drain-Net
| 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 Drain-Net
Drain-Net has secured backing from 1 investor. Prominent investors backing the company include CSW Industrials. 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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Manufacturer of specialty chemicals for diverse industrial and construction applications
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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 Drain-Net
| 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 - Drain-Net
| 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 |
Drain-Net Comparisons
Competitors of Drain-Net
| 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 Drain-Net
When was Drain-Net founded?
Drain-Net was founded in 2003.
Where is Drain-Net located?
Drain-Net is headquartered in Branchburg, United States. It is registered at Branchburg, New Jersey, United States.
What does Drain-Net do?
Drain-Net was founded in 2003 in Branchburg, United States, and operates in the drain protection sector for commercial facilities. Products including drain locks, drain socks, and floor sink baskets are provided to kitchen and restaurant operations. Debris is blocked from entering drains by these items, which limits clogs and plumbing costs. Grease trap maintenance intervals are extended, and regulatory fine risks are minimized through their use.
Who are Drain-Net's investors?
Drain-Net has 1 investor. Key investors include CSW Industrials.