About Ideal Industries
Ideal Industries is a company based in Sycamore (United States) founded in 1916 by J Walter Becker.. Ideal Industries has raised $3.8 million across 1 funding round from investors including ACV Capital, Alpha JWC Ventures and unknown. Ideal Industries has completed 2 acquisitions, including CMD and Cree Lighting. Ideal Industries offers products and services including Connectors, Electrical Tools, and DC Power Applications.
- Headquarter Sycamore, United States
- Founders J Walter Becker
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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 Ideal Distributors Private Limited
- Date of Incorporation 14 Jul, 1998
- Jurisdiction Darjeeling, West Bengal, India
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Annual Revenue
$2.91 M (USD)10.46as on Mar 31, 2022
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Net Profit
$10.55 K (USD)-5.23as on Mar 31, 2022
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EBITDA
$3.19 K (USD)-39.64as on Mar 31, 2022
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Total Equity Funding
$3.8 M (USD)
in 1 rounds
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Latest Funding Round
$3.8 M (USD), Unspecified
Jul 27, 2022
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Investors
ACV Capital
& 3 more
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Employee Count
Employee Count
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Investments & Acquisitions
CMD
& 1 more
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Products & Services of Ideal Industries
Ideal Industries offers a comprehensive portfolio of products and services, including Connectors, Electrical Tools, and DC Power Applications. 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.
Provides connectors for clean energy and battery applications.
Offers tools and supplies for electricians in construction sectors.
Delivers technology for DC power systems in various industries.
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Funding Insights of Ideal Industries
Ideal Industries has successfully raised a total of $3.8M through 1 strategic funding round. The most recent funding activity was a Unspecified round of $3.8 million completed in July 2022. 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 1
- Last Round Unspecified — $3.8M
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First Round
First Round
(27 Jul 2022)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2022 | Amount | Unspecified - Ideal Industries | Valuation | AC Ventures |
| 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 Ideal Industries
Ideal Industries has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include ACV Capital, Alpha JWC Ventures and unknown. 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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Tech-enabled businesses across Southeast Asia are supported by ACV Capital.
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Founded Year | Domain | Location | |
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Tech focused VC firm making investment in seed and early stage companies in the US & Asia
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Founded Year | Domain | Location | |
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Diversified property development, real estate, healthcare, media, and brokerage services in Indonesia.
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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 Ideal Industries
Ideal Industries has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include CMD and Cree Lighting. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Manufacturer and installation of LED lights
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1987 | ||||
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Energy power outlets and wireless lighting controls are provided.
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1984 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Ideal Industries
| 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 |
Ideal Industries Comparisons
Competitors of Ideal Industries
| 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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Latest news on Ideal Industries
Frequently Asked Questions about Ideal Industries
When was Ideal Industries founded?
Ideal Industries was founded in 1916 and raised its 1st funding round 106 years after it was founded.
Where is Ideal Industries located?
Ideal Industries is headquartered in Sycamore, United States. It is registered at Sycamore, Illinois, United States.
Who is the current CEO of Ideal Industries?
Steve Henn is the current CEO of Ideal Industries.
Is Ideal Industries a funded company?
Ideal Industries is a funded company, having raised a total of $3.8M across 1 funding round to date. The company's 1st funding round was a Unspecified of $3.8M, raised on Jul 27, 2022.
What is the annual revenue of Ideal Industries?
Annual revenue of Ideal Industries is $2.91M as on Mar 31, 2022.
What does Ideal Industries do?
Ideal Industries was founded in 1916 by J. Walter Becker in Sycamore, United States. Operations focus on the construction equipment sector, where services such as equipment maintenance and supply are offered to clients across the region. The company is led by CEO Steve Henn, with activities centered on supporting infrastructure projects through reliable equipment solutions. Geographic presence remains primarily in the United States.
What products or services does Ideal Industries offer?
Ideal Industries offers Connectors, Electrical Tools, and DC Power Applications.
How many acquisitions has Ideal Industries made?
Ideal Industries has made 2 acquisitions, including CMD, and Cree Lighting.
Who are Ideal Industries's investors?
Ideal Industries has 4 investors. Key investors include ACV Capital, Alpha JWC Ventures, unknown, and Ciputra.