About Glotel
Glotel is a company based in Chicago (United States) founded in 2012 was acquired by The Gores Group in July 2012.. The company has 136 employees as of December 31, 2022.
- Headquarter Chicago, United States
- Employees 136 as on 31 Dec, 2022
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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
136
as on Dec 31, 2022
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Acquired by
The Gores Group
(Jul 02, 2012)
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Funding Insights of Glotel
| 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 Glotel
Glotel has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include The Gores Group. 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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Private investments are made in mature businesses across multiple sectors.
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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 Glotel
| 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 - Glotel
| 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 |
Glotel Comparisons
Competitors of Glotel
| 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 Glotel
When was Glotel founded?
Glotel was founded in 2012.
Where is Glotel located?
Glotel is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
How many employees does Glotel have?
As of Dec 31, 2022, the latest employee count at Glotel is 136.
What does Glotel do?
Glotel was founded in 2012 in Chicago, United States, within the home heating sector. Wood and pellet stoves, fireplace inserts, and range cookers are produced, with designs adapted to various home styles and an air control system incorporated for operation. Servicing for pellet stoves is provided post-purchase, along with an extended warranty upon registration. Dealers handle inquiries and service requests across the region.
Who are Glotel's investors?
Glotel has 1 investor. Key investors include The Gores Group.