HiRail Leasing

Elliot Lake, Canada Founded: 1987 • Age: 39 yrs Acquired By Custom Truck
Rail equipment leasing, rental, and repair services are provided.

About HiRail Leasing

HiRail Leasing is a company based in Elliot Lake (Canada) founded in 1987 was acquired by Custom Truck in January 2022.. The company has 5 employees as of December 31, 2024.

  • Headquarter Elliot Lake, Canada
  • Employees 5 as on 31 Dec, 2024
  • Sectors
    Industrial Goods & Manufacturing
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Industrial Goods & Manufacturing → Contract & Custom Manufacturing
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    5

    as on Dec 31, 2024

  • Acquired by
    Custom Truck

    (Jan 14, 2022)

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Funding Insights of HiRail Leasing

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 HiRail Leasing

HiRail Leasing has secured backing from 1 investor. Prominent investors backing the company include Custom Truck. 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
Investor Description Founded Year Domain Location
Specialized trucks and heavy equipment are sold, rented, and financed.
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 HiRail Leasing

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 - HiRail Leasing

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

Hirail Leasing Comparisons

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Competitors of HiRail Leasing

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 Hirail Leasing

Frequently Asked Questions about HiRail Leasing

When was HiRail Leasing founded?

HiRail Leasing was founded in 1987.

Where is HiRail Leasing located?

HiRail Leasing is headquartered in Elliot Lake, Canada. It is registered at Elliot Lake, Ontario, Canada.

How many employees does HiRail Leasing have?

As of Dec 31, 2024, the latest employee count at HiRail Leasing is 5.

What does HiRail Leasing do?

HiRail Leasing was established in 1987 in Elliot Lake, Canada. Operations center on the rail sector, where leasing, rental, and repair services for rail equipment are offered. Maintenance and support activities are conducted to meet industry needs. The company serves clients across relevant geographic areas, with a focus on reliable equipment solutions in the transportation field.

Who are HiRail Leasing's investors?

HiRail Leasing has 1 investor. Key investors include Custom Truck.

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