About Justrite
Justrite is a company based in Des Plaines (United States) founded in 1906 was acquired by Audax Private Equity in November 2015.. Justrite has raised $14.8 million across 3 funding rounds from investors including Turmeric Capital, NewStar Financial and Checkers Safety Group. The company has 1,348 employees as of December 31, 2022. Justrite has completed 7 acquisitions, including Accuform, C.I.Agent Solutions and Eagle Manufacturing.
- Headquarter Des Plaines, United States
- Employees 1348 as on 31 Dec, 2022
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Phone
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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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Total Equity Funding
$14.8 M (USD)
in 3 rounds
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Latest Funding Round
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Investors
Turmeric Capital
& 5 more
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Employee Count
1348
as on Dec 31, 2022
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Investments & Acquisitions
Accuform
& 6 more
- Acquired by
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Funding Insights of Justrite
Justrite has successfully raised a total of $14.8M across 3 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 3
- Last Round Last Round
- First Round First Round
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2014 | Amount | Debt – Conventional - Justrite | Valuation |
investors |
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| Feb, 2014 | Amount | Series B - Justrite | Valuation |
investors |
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| Dec, 2004 | Amount | Unspecified - Justrite | Valuation |
investors |
| 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 Justrite
Justrite has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Turmeric Capital, NewStar Financial and Checkers Safety 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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Lower mid-market investments are targeted by the private equity firm.
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Founded Year | Domain | Location | |
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Private equity investments in middle market companies across North America.
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Founded Year | Domain | Location | |
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Global private equity and venture capital investments in B2B Tech & Services companies.
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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 Justrite
Justrite has strategically engaged in corporate development activities, having acquired 7 companies. Notable acquisitions include Accuform, C.I.Agent Solutions and Eagle Manufacturing. 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
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
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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Provider of cable protectors, wheel chokers, warning whips & PPE manufacturing services
|
2005 | ||||
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Integrated oil containment solutions are developed and provided.
|
2002 | ||||
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Fire safety equipment is supplied by First Safety Corp.
|
1998 |
| 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
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Justrite
| 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 |
Justrite Comparisons
Competitors of Justrite
| 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 Justrite
When was Justrite founded?
Justrite was founded in 1906 and raised its 1st funding round 98 years after it was founded.
Where is Justrite located?
Justrite is headquartered in Des Plaines, United States. It is registered at Des Plaines, Illinois, United States.
Is Justrite a funded company?
Justrite is a funded company, having raised a total of $14.8M across 3 funding rounds to date.
How many employees does Justrite have?
As of Dec 31, 2022, the latest employee count at Justrite is 1,348.
What does Justrite do?
Founded in 1906, Justrite is headquartered in Des Plaines, United States. Distribution of safety cabinets and equipment designed for hazardous materials is managed by the company within the industrial safety sector. Specialized storage products are supplied to support secure handling and compliance needs. Operations extend across the United States, focusing on reliable solutions for various industries including manufacturing and chemical processing.
How many acquisitions has Justrite made?
Justrite has made 7 acquisitions, including Accuform, C.I.Agent Solutions, and Eagle Manufacturing.
Who are Justrite's investors?
Justrite has 6 investors. Key investors include Turmeric Capital, NewStar Financial, Checkers Safety Group, Audax Private Equity, and Baird Capital.
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