About Electro MN
Electro Industries is a leading provider of electric heating solutions for homeowners. They offer a range of products including electric boilers and mini-boilers, with a focus on clean and reliable energy sources. Their final product assembly and packaging services ensure high-quality products for customers.
- Headquarter Monticello, United States
- Founders John Seefeldt
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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
- Investors
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Employee Count
Employee Count
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Acquired by
Laars Heating Systems
(Jan 04, 2024)
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Funding Insights of Electro MN
| 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 Electro MN
Electro MN has secured backing from 1 investor. Prominent investors backing the company include Laars Heating Systems. 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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Boilers, water heaters, controls, tanks, and accessories are provided.
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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 Electro MN
| 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 - Electro MN
| 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 |
Electro Mn Comparisons
Competitors of Electro MN
| 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 Electro MN
When was Electro MN founded?
Electro MN was founded in 1973.
Where is Electro MN located?
Electro MN is headquartered in Monticello, United States. It is registered at Monticello, New York, United States.
Who is the current CEO of Electro MN?
John Seefeldt is the current CEO of Electro MN. They have also founded this company.
What does Electro MN do?
Electro Industries is a leading provider of electric heating solutions for homeowners. They offer a range of products including electric boilers and mini-boilers, with a focus on clean and reliable energy sources. Their final product assembly and packaging services ensure high-quality products for customers.
Who are Electro MN's investors?
Electro MN has 1 investor. Key investors include Laars Heating Systems.