Foster Corporation

Putnam, United States Founded: 1989 • Age: 37 yrs Acquired By GEON
Biomedical polymer compounds are manufactured for medical applications.

About Foster Corporation

Foster Corporation is a company based in Putnam (United States) founded in 1989 was acquired by GEON in January 2025.. Foster Corporation offers products and services including Biomedical Polymers and Custom Compounding.

  • Headquarter Putnam, United States
  • Sectors
    Chemicals & Materials
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Foster Corporation
Operational Areas
Chemicals & Materials → Polymers, Plastics & Petrochemicals
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $5 M (USD), Debt – Conventional

    Jul 02, 2019

  • Investors
    TD Bank

    & 1 more

  • Employee Count
    Employee Count
  • Acquired by
    GEON

    (Jan 07, 2025)

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Products & Services of Foster Corporation

Foster Corporation offers a comprehensive portfolio of products and services, including Biomedical Polymers and Custom Compounding. 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.

Primary

Biomedical polymers for medical devices are developed and supplied to ensure regulatory compliance.

Custom compounding services for polymers are provided to meet specific industry needs.

People of Foster Corporation
Headcount 50-200
Employee Profiles 20
Employee Profiles
People
Brian Savel
Midwest Distribution Business Development Manager
People
Brian Marcoulier
Sr. Mfg Engineer
People
Craig Swanson CMQ OE, CQE, CQA
Senior Quality Engineer
People
Larry Acquarulo
CEO

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Funding Insights of Foster Corporation

  • Total Funding
  • Total Rounds 1
  • Last Round Debt – Conventional — $5.0M
  • First Round

    (02 Jul 2019)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2019 Amount Debt – Conventional - Foster Corporation Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Foster Corporation

Foster Corporation has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include TD Bank and GEON. 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.

All
Institutional
Investor Description Founded Year Domain Location
Financial services are offered through diverse subsidiaries.
Founded Year Domain Location
PVC and polypropylene polymers are manufactured by GEON.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Foster Corporation

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Foster Corporation

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Foster Corporation Comparisons

Employees
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Competitors of Foster Corporation

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Foster Corporation

Frequently Asked Questions about Foster Corporation

When was Foster Corporation founded?

Foster Corporation was founded in 1989 and raised its 1st funding round 30 years after it was founded.

Where is Foster Corporation located?

Foster Corporation is headquartered in Putnam, United States.

What does Foster Corporation do?

Foster Corporation was established in 1989 and is based in Putnam, United States. Operations center on the compounding of biomedical polymers for use in medical devices and healthcare products. Custom formulations are developed through blending and processing techniques tailored to industry standards. The company operates within the biomedical manufacturing sector, providing materials that support medical innovation across domestic and international markets. Focus remains on quality-controlled production processes.

What products or services does Foster Corporation offer?

Foster Corporation offers Biomedical Polymers and Custom Compounding.

Who are Foster Corporation's investors?

Foster Corporation has 2 investors. Key investors include TD Bank, and GEON.

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