About Key Plastics
Key Plastics is a company based in Livonia (United States) founded in 1986 was acquired by Novares in October 2016.. Key Plastics has raised $20 million across 1 funding round from investors including Novares and Wayzata Investment Partners. Key Plastics operates in a competitive market with competitors including ZF, Cummins, Cooper Standard, Schaeffler and Valeo, among others.
- Headquarter Livonia, United States
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Sectors
Transportation, Automotive & Logistics
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Phone
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Website
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Social
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Funding Insights of Key Plastics
Key Plastics has successfully raised a total of $20M through 1 strategic funding round. The most recent funding activity was a Private Equity Round round of $20 million completed in February 2009. 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 Private Equity Round — $20.0M
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First Round
First Round
(17 Feb 2009)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2009 | Amount | Private Equity Round - Key Plastics | 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 Key Plastics
Key Plastics has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Novares and Wayzata Investment Partners. 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 directed toward the US and India.
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Founded Year | Domain | Location | |
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Major auto components are manufactured and supplied globally.
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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 Key Plastics
| 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 - Key Plastics
| 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 |
Key Plastics Comparisons
Competitors of Key Plastics
Key Plastics 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 ZF, Cummins, Cooper Standard, Schaeffler and Valeo, 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 |
Mobility systems are developed for cars, vehicles, and industrial uses.
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| domain | founded_year | HQ Location |
Manufacturer of gas-powered construction equipment
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| domain | founded_year | HQ Location |
Systems and components for the automotive industry are supplied worldwide.
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| domain | founded_year | HQ Location |
Manufacturer of bearings for the automotive industry
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| domain | founded_year | HQ Location |
Automotive products and services are supplied globally to automakers.
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| domain | founded_year | HQ Location |
Automotive cooling systems, pistons, and aftermarket components are manufactured.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Key Plastics
When was Key Plastics founded?
Key Plastics was founded in 1986 and raised its 1st funding round 23 years after it was founded.
Where is Key Plastics located?
Key Plastics is headquartered in Livonia, United States. It is registered at Livonia, Michigan, United States.
Is Key Plastics a funded company?
Key Plastics is a funded company, having raised a total of $20M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $20M, raised on Feb 17, 2009.
What does Key Plastics do?
Key Plastics was established in 1986 in Livonia, United States, with operations centered on the automotive sector. Injection-molded plastic components are produced to meet industry specifications, including interior and exterior parts. Facilities in the region support manufacturing processes for original equipment manufacturers. The companys domain, keyplastics.com, provides access to operational details. Focus remains on precision molding techniques for vehicle assemblies.
Who are the top competitors of Key Plastics?
Key Plastics's top competitors include Cummins, Valeo and Cooper Standard.
Who are Key Plastics's investors?
Key Plastics has 2 investors. Key investors include Novares, and Wayzata Investment Partners.
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