About Electro Rent
Electro Rent is a company based in Los Angeles (United States) founded in 1965 was acquired by Platinum Equity in August 2016. It operates as a Pay-per-Use / Usage-Based, Reseller / Distribution, and Managed Services. The company has 21 employees. Electro Rent has completed 2 acquisitions, including Telogy and Triathlon Computer. Electro Rent offers products and services including Test Equipment Rental, Certified Used Test Equipment, and Asset Optimization Services.
- Headquarter Los Angeles, United States
- Employees 21
- SectorsTechnologyTelecommunications Aerospace, Defense & Maritime
- Website category Computers Electronics and Technology · Consumer Electronics
- Phoneβ’β’β’β’ β’β’β’β’
- Website electrorent.com/us
- Social LinkedIn X Facebook
- Acquired by Platinum Equity (Aug 2016)
- Legal Name Electrorent.Com, Inc.
- Date of Incorporation 30 Jul, 2010
- Jurisdiction New Delhi, Delhi, India
- Annual Revenue₹27.60 Cr
FY 2022 · +68% YoY
- Net Profit₹1.66 Cr
FY 2022 · 6% margin
- EBITDA₹3.82 Cr
FY 2022 · 14% margin
- Latest Funding Round$63.64K (USD), Grant
May 2021
- InvestorsEuropean Union
& 1 more
- Employee Count21
- Investments & AcquisitionsTelogy
& 1 more
- Acquired byPlatinum Equity
(Aug 2016)
Associated legal entities of Electro Rent
Electro Rent operates through Electro Rent India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Electro Rent India Private Limited CIN U74140DL2010FTC206454 | Active | 30 Jul 2010 | New Delhi, Delhi | ₹27.6 Cr | 21 | 2 | View details |
Products & Services of Electro Rent
Electro Rent offers a comprehensive portfolio of products and services, including Test Equipment Rental, Certified Used Test Equipment, and Asset Optimization Services.
Test equipment is rented for various testing needs.
Certified used test equipment is sold to customers.
Test asset optimization services are provided to clients.
Funding Insights of Electro Rent
- Total Rounds 1
- Last Round Grant β $63,644
- First Round $63,644
(May 2021)
- Investors Count 1
All 1 funding rounds of Electro Rent with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2021 | $63,644 | Grant | β | β |
2 investors in total: 2 institutional.
Investors in Electro Rent
Electro Rent has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union and Platinum Equity.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Platinum Equity is engaged in private equity and credit investments. | – | platinumequity.com | Beverly Hills, United States | |
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium |
Investor details for Electro Rent
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Electro Rent India Private Limited (Electro Rent)
Electro Rent India Private Limited is the primary company behind Electro Rent. The board of Electro Rent India Private Limited currently have 2 directors; the longest-serving is Vikas Chopra, appointed in 2018. 8 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vikas Chopra DIN 08316989 | Director | 31 Dec 2018 | 7 yrs 9 mo | Electro Rent India Private Limited |
| Gagan Kapoor DIN 10760110 | Director | 02 Sep 2024 | 2 yrs 1 mo | Electro Rent India Private Limited |
People of Electro Rent
5 people are tracked at Electro Rent (4 in leadership, 1 in team); the tracked headcount is 21.
| Name | Role | Group |
|---|---|---|
Mike Sciarillo | CFO | Leadership |
Michael Clark | CEO | Leadership |
Dirk De Waart | COO | Leadership |
Jonathan Watson | CFO | Leadership |
Eric Williams | SVP, Sales & Marketing, Americas | Team |
Complete people profiles for Electro Rent
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Electro Rent
Figures of Electro Rent India Private Limited, the primary company behind Electro Rent, for FY 2022. Revenue was ₹27.60 Cr (+68% year on year). Net profit was ₹1.66 Cr (6% margin). EBITDA was ₹3.82 Cr (14% margin). Revenue has grown at a compounded annual rate of +18% over three years and -11% over five years.
- ₹27.60 CrRevenue · FY 2022 · +68% YoY
- ₹1.66 CrNet profit · 6% margin
- ₹3.82 CrEBITDA · 14% margin
- ₹62.6 LakhPaid-up capital
- 21Employees (provident fund records)
- +18%Revenue CAGR, 3 years
- -11%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Electro Rent India Private Limited are on its company page.
Detailed financial statements for Electro Rent
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Electro Rent
Electro Rent has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Telogy and Triathlon Computer.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Provider of IT hardware products | triathloncc.com | Morrisville, United States | 2012 | Feb 2018 | β’β’β’β’ | |
Limited information available | telogy.com | Germantown, United States | 1989 | Mar 2010 | $24.7M |
Complete acquisition details for Electro Rent
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Electro Rent
5 dated milestones of Electro Rent across 56 years, from founding to its latest funding, stage changes and deals.
- Founded Electro Rent is founded.
- Acquisition Acquires Telogy.
- Exit Acquired by Platinum Equity.
- Acquisition Acquires Triathlon Computer.
- Funding First funding round of $64K.
Web traffic of Electro Rent
The website of Electro Rent (electrorent.com) receives about 69.8K visits a month and ranks #522,652 among all websites worldwide, #5,032 in Consumer Electronics.
- Monthly visits69.8K
▼ 8.1% vs previous month
- Unique visitors41K
per month
- Global rank#522,652
among all websites
- Category rank#5,032
Computers Electronics and Technology · Consumer Electronics
- Bounce rate50%
- Pages per visit1.5
- Average visit17 sec
- DevicesDesktop 25% Β· Mobile 75%
Websites whose visitors overlap most with Electro Rent. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
atecorp.com | atecorp.com | 100% | – | #518,077 | β |
trs-rentelco.com | trs-rentelco.com | 98% | – | – | β |
| metrictest.com | 96% | – | – | View details | |
teknetelectronics.com | teknetelectronics.com | 94% | – | – | β |
testequip.com | testequip.com | 93% | – | – | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
All 40 similar websites and full traffic analytics for Electro Rent
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Similar companies to Electro Rent
10 companies that operate in the same segment as Electro Rent (Display Test Equipment), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
RF test equipment, signal boosters, and recorders are manufactured. | 1942 | Solon, Ohio, United States | – | – | – | |
Provider of automated visual inspection and measurement solutions for displays and lighting | 1992 | Redmond, Washington, United States | USD 26.45 M | – | – | |
Provider of microLED inspection and testing solutions | 2018 | Jerusalem, Jerusalem District, Israel | USD 12.5 M | – | – | |
Intelligent detection equipment is manufactured for display touch industry. | 2011 | Shenzhen, Guangdong, China | – | USD 159.98 M | – | |
Bio-chemical and bio-organic fertilizers are manufactured for sustainable agriculture. | 1999 | Hwaseong, Gyeonggi Province, South Korea | – | USD 18.91 M | 133 | |
Nano-accuracy measurement and inspection for hologram integration are provided. | 2014 | Seoul, South Korea | USD 892.5 K | – | – | |
Provider of integrated technology solutions for communication, life safety, fire, and security systems | 1974 | Norwell, Massachusetts, United States | – | – | – | |
Designs and provides flat panel display technology solutions | 1993 | Missouri City, Texas, United States | USD 38 M | – | – | |
Display components and AI-based image processing technology are provided. | 2005 | Hwaseong, Gyeonggi Province, South Korea | – | USD 74.72 M | 206 | |
Provider of wireless industry research and analysis | 2004 | Cheonan, Chungcheongnam-do, South Korea | – | USD 55.74 M | 136 |
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Frequently Asked Questions about Electro Rent
Electro Rent was founded in 1965 and raised its 1st funding round 56 years after it was founded.
Electro Rent is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Electro Rent has 21 employees.
The primary company behind Electro Rent, Electro Rent India Private Limited, reported revenue of βΉ27.60 Cr for FY 2022, up 68% year on year.
Electro Rent is involved in offering test and measurement equipment solutions globally. Services include rental, sales of certified pre-owned equipment, and asset optimization for various industries. Sectors served encompass aerospace, defense, telecommunications, and high-speed digital testing. Solutions are tailored to support 5G infrastructure, chipset development, and other advanced testing needs. Equipment is provided for design, validation, debugging, and compliance purposes. Financial solutions are also offered to manage costs effectively. A global presence ensures rapid delivery and expert support across multiple regions.
Electro Rent offers Test Equipment Rental, Certified Used Test Equipment, and Asset Optimization Services.
Electro Rent has made 2 acquisitions, including Telogy, and Triathlon Computer.
Electro Rent has 2 investors. Key investors include European Union, and Platinum Equity.
Electro Rent operates through Electro Rent India Private Limited.
Yes. Electro Rent was acquired by Platinum Equity in August 2016.
The legal entities of Electro Rent currently have 2 directors, including Vikas Chopra, Gagan Kapoor.
