About Huron
Huron is a company based in Lexington (United States) founded in 1943 was acquired by Seven Mile Capital Partners in September 2015. It operates as a Reseller / Distribution. Huron has raised $57.5 million across 2 funding rounds from investors including Seven Mile Capital Partners and Trive Capital. The company has 322 employees as of December 31, 2021. Huron offers products and services including Tubular Assemblies and Precision Machined Products. Huron operates in a competitive market with competitors including Nemak, Maini Precision Products, Bharat Forge, Novelis and Tube Investments of India, among others.
- Headquarter Lexington, United States
- Employees 322 as on 31 Dec, 2021
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Huron Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$57.5 M (USD)
in 2 rounds
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Latest Funding Round
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Investors
Seven Mile Capital Partners
& 1 more
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Employee Count
322
as on Dec 31, 2021
- Acquired by
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Products & Services of Huron
Huron offers a comprehensive portfolio of products and services, including Tubular Assemblies and Precision Machined Products. 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.
Complex tubular assemblies are manufactured for automotive applications.
Precision machined products are produced for automotive industry needs.
Funding Insights of Huron
Huron has successfully raised a total of $57.5M across 2 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
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First Round
First Round
(01 Aug 2015)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2015 | Amount | Private Equity Round - Huron | Valuation |
investors |
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| Aug, 2015 | Amount | Debt – Conventional - Huron | Valuation |
investors |
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| 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 Huron
Huron has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Seven Mile Capital Partners and Trive Capital. 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 equity investments are focused on US markets.
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Founded Year | Domain | Location | |
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Trive Capital is engaged in private equity and structured capital investments.
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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 Huron
| 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 - Huron
| 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 |
Huron Comparisons
Competitors of Huron
Huron 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 Nemak, Maini Precision Products, Bharat Forge, Novelis and Tube Investments of India, 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 |
Automotive aluminium components are manufactured and supplied to OEMs worldwide.
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| domain | founded_year | HQ Location |
Manufacturer & supplier of precision products and assemblies
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| domain | founded_year | HQ Location |
Technology-enabled automotive tools, forging, and machining materials are manufactured.
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| domain | founded_year | HQ Location |
Flat-rolled aluminum products are manufactured and supplied to OEMs.
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| domain | founded_year | HQ Location |
High precision tubes are manufactured for automobiles and bicycles.
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| domain | founded_year | HQ Location |
Ramkrishna Forgings is engaged in metal forming and manufacturing.
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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 Huron
When was Huron founded?
Huron was founded in 1943 and raised its 1st funding round 72 years after it was founded.
Where is Huron located?
Huron is headquartered in Lexington, United States. It is registered at Lexington, Kentucky, United States.
Is Huron a funded company?
Huron is a funded company, having raised a total of $57.5M across 2 funding rounds to date. The company's 1st funding round was a Private Equity Round of $57.5M, raised on Aug 01, 2015.
How many employees does Huron have?
As of Dec 31, 2021, the latest employee count at Huron is 322.
What does Huron do?
Huron is established as a prominent manufacturer of complex tubular assemblies and precision machined products for the automotive industry. Operations are supported by advanced design and engineering capabilities, with state-of-the-art facilities and systems in place. Founded in 1943, the company has grown to be one of the largest producers in North America, focusing on quality, customer service, and competitive pricing. Strong customer relationships and operational excellence are maintained across global markets.
Who are the top competitors of Huron?
Huron's top competitors include Bharat Forge, Maini Precision Products and Ramkrishna Forgings.
What products or services does Huron offer?
Huron offers Tubular Assemblies and Precision Machined Products.
Who are Huron's investors?
Huron has 2 investors. Key investors include Seven Mile Capital Partners, and Trive Capital.
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