About Econrads
Econrads is a company based in Virginia Beach (United States) founded in 1969 was acquired by Dobbs Tire & Auto Centers in March 2025.. Econrads operates in a competitive market with competitors including Goodyear, TireTutor, Tire Agent, Dobbs Tire & Auto Centers and Treads, among others.
- Headquarter Virginia Beach, United States
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
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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
Dobbs Tire & Auto Centers
(Mar 06, 2025)
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Funding Insights of Econrads
| 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 Econrads
Econrads has secured backing from 1 investor. Prominent investors backing the company include Dobbs Tire & Auto Centers. 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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Dealer of tires and provides automotive services
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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 Econrads
| 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 - Econrads
| 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 |
Econrads Comparisons
Competitors of Econrads
Econrads 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 Goodyear, TireTutor, Tire Agent, Dobbs Tire & Auto Centers and Treads, 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 |
Tires for vehicles and machinery are manufactured and supplied worldwide.
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| domain | founded_year | HQ Location |
Vehicle tires are purchased online via connections to local dealers.
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| domain | founded_year | HQ Location |
Tires are distributed and mobile fittings are scheduled online.
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| domain | founded_year | HQ Location |
Dealer of tires and provides automotive services
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| domain | founded_year | HQ Location |
Manufacture of automotive of vehicle tires
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| domain | founded_year | HQ Location |
Automotive tires are purchased via an online platform.
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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 Econrads
When was Econrads founded?
Econrads was founded in 1969.
Where is Econrads located?
Econrads is headquartered in Virginia Beach, United States. It is registered at Virginia Beach, Virginia, United States.
What does Econrads do?
Econrads was founded in 1969 and operates within the automotive services sector. Tire sales and replacement, oil changes, and vehicle inspections are offered at multiple locations. Based in Virginia Beach, United States, comprehensive car care solutions are delivered to customers. Online resources, promotions, and news updates are accessible via the companys website and social media platforms.
Who are the top competitors of Econrads?
Econrads's top competitors include Goodyear, TireTutor and America’s Tire.
Who are Econrads's investors?
Econrads has 1 investor. Key investors include Dobbs Tire & Auto Centers.