About Faster
Faster is a company based in Rivolta D'adda (Italy) founded in 1951 was acquired by Sun Hydraulics in February 2018. It operates as a Direct-to-Consumer (D2C), and Reseller / Distribution. The company has 65 employees as of March 29, 2024. Faster offers products and services including MultiSlide and MultiFaster.
- Headquarter Rivolta D'adda, Italy
- Employees 65 as on 29 Mar, 2024
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Sectors
Industrial Goods & Manufacturing
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Email
***********
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Phone
*********
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Website
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Social
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- Legal Name Faster Srl
- Date of Incorporation 27 Jul, 2006
- Jurisdiction Pune, Maharashtra, India
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Annual Revenue
$7.47 M (USD)73.77as on Mar 31, 2023
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Net Profit
$677.71 K (USD)95.18as on Mar 31, 2023
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EBITDA
$1.07 M (USD)61.69as on Mar 31, 2023
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Latest Funding Round
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Investors
Sun Hydraulics
& 4 more
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Employee Count
65
as on Mar 29, 2024
- Acquired by
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Products & Services of Faster
Faster offers a comprehensive portfolio of products and services, including MultiSlide and MultiFaster. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Designed for compact excavators with efficient connection features.
Enables simultaneous connection of multiple hydraulic lines efficiently.
Unlock access to complete
Funding Insights of Faster
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2003 | Amount | Series A - Faster | Valuation |
investors |
| 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 Faster
Faster has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Sun Hydraulics, Banca Aletti and Capvis. 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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European investments are handled by Capvis, a private equity firm.
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Founded Year | Domain | Location | |
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Argan Capital is focused on mid-market private equity investments.
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Founded Year | Domain | Location | |
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Star Capital is engaged in private equity investments in Italian SMEs.
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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 Faster
| 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 - Faster
| 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 |
Faster Comparisons
Competitors of Faster
| 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 Faster
When was Faster founded?
Faster was founded in 1951 and raised its 1st funding round 52 years after it was founded.
Where is Faster located?
Faster is headquartered in Rivolta D'adda, Italy. It is registered at Rivolta D'adda, Lombardy, Italy.
Who is the current CEO of Faster?
Stijn Vriends is the current CEO of Faster.
How many employees does Faster have?
As of Mar 29, 2024, the latest employee count at Faster is 65.
What is the annual revenue of Faster?
Annual revenue of Faster is $7.47M as on Mar 31, 2023.
What does Faster do?
Faster is established as a worldwide leader in the production of quick-release hydraulic couplings. The company is focused on providing innovative solutions for various industries, including agriculture, construction, and forestry. Products such as MultiSlide and MultiFaster are developed to ensure efficient and safe hydraulic connections, even under high pressure. Customized solutions are also offered through an active RD division to meet specific client needs. Operations are supported by advanced facilities, including a new automated warehouse to enhance logistic efficiency.
What products or services does Faster offer?
Faster offers MultiSlide and MultiFaster.
Who are Faster's investors?
Faster has 5 investors. Key investors include Sun Hydraulics, Banca Aletti, Capvis, Argan Capital, and Star Capital.