About Elite Tools
Elite Tools is a company based in Levis (Canada) founded in 2018 was acquired by FICODIS in March 2018.. Elite Tools operates in a competitive market with competitors including Fastenal, Electromate, Alpha Controls, Rittenhouse and Access Machinery, among others.
- Headquarter Levis, Canada
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Sectors
Industrial Goods & ManufacturingRetail
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Phone
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Website
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Social
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Funding Insights of Elite Tools
| 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 Elite Tools
Elite Tools has secured backing from 1 investor. Prominent investors backing the company include Ficodis. 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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Ficodis is engaged in distributing industrial supplies and tools.
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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 Elite Tools
| 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 - Elite Tools
| 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 |
Elite Tools Comparisons
Competitors of Elite Tools
Elite Tools 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 Fastenal, Electromate, Alpha Controls, Rittenhouse and Access Machinery, 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 |
Industrial tools and equipment are distributed online to various sectors.
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| domain | founded_year | HQ Location |
Industrial tools and equipment are distributed online by Electromate.
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| domain | founded_year | HQ Location |
Offers instrumentation products, calibration services, and measurement tools for industrial applications.
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| domain | founded_year | HQ Location |
Industrial tools and equipment are distributed online by Rittenhouse.
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| domain | founded_year | HQ Location |
Offers industrial lasers, plasma cutting, machinery sales, and support services.
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| domain | founded_year | HQ Location |
Multi-category industrial products are distributed online by DeeTag.
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| 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 Elite Tools
When was Elite Tools founded?
Elite Tools was founded in 2018.
Where is Elite Tools located?
Elite Tools is headquartered in Levis, Canada. It is registered at Levis, Quebec, Canada.
What does Elite Tools do?
Elite Tools was established in 2018 in Levis, Canada, as an e-distributor focused on machinery parts and tools for enterprise use. Operations are managed via the domain elitetools.ca, where a catalog encompassing vacuum cleaners, batteries, drillers, machinery accessories, hand tools, woodworking equipment, metalworking machinery, and related items is offered. Distribution occurs digitally to support industrial needs in the sector.
Who are the top competitors of Elite Tools?
Elite Tools's top competitors include Fastenal, Electromate and Northern Industrial Sales.
Who are Elite Tools's investors?
Elite Tools has 1 investor. Key investors include Ficodis.