About Lakin Tire
Lakin Tire is a company based in Santa Fe Springs (United States) founded in 1918 was acquired by Liberty Tire in March 2020.. The company has 132 employees as of December 31, 2022. Lakin Tire offers products and services including Scrap Tire Collection, Tire Recycling, and Buy Used Tires. Lakin Tire operates in a competitive market with competitors including Liberty Tire, Boulder Industries, Scandinavian Enviro Systems, Wastefront and Pyrolyx, among others.
- Headquarter Santa Fe Springs, United States
- Employees 132 as on 31 Dec, 2022
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Sectors
Environment
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Phone
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Website
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Social
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- Legal Name Lakin Tire, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
132
as on Dec 31, 2022
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Acquired by
Liberty Tire
(Mar 16, 2020)
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Products & Services of Lakin Tire
Lakin Tire offers a comprehensive portfolio of products and services, including Scrap Tire Collection, Tire Recycling, and Buy Used Tires. 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.
Service for collecting scrap tires from businesses and locations.
Processes to recycle old tires into reusable materials efficiently.
Platform for purchasing and selling used tires and casings.
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Funding Insights of Lakin Tire
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Lakin Tire
Lakin Tire has secured backing from 1 investor. Prominent investors backing the company include Liberty Tire. 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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Used tires are collected, processed, and recycled into reusable materials.
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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 Lakin Tire
| 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 - Lakin Tire
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Lakin Tire Comparisons
Competitors of Lakin Tire
Lakin Tire 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 Liberty Tire, Boulder Industries, Scandinavian Enviro Systems, Wastefront and Pyrolyx, 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 |
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| domain | founded_year | HQ Location |
Used tires are collected, processed, and recycled into reusable materials.
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| domain | founded_year | HQ Location |
Waste tires are converted into energy products by Boulder Industries.
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| domain | founded_year | HQ Location |
Tire recycling services are provided for environmental management in Sweden.
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| domain | founded_year | HQ Location |
Provider of tires recycling services
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| domain | founded_year | HQ Location |
Provides comprehensive tire recycling services to support sustainable waste management.
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| domain | founded_year | HQ Location |
Manufacturer of recycled rubber materials, bitumen products, steel abrasives, and polymers
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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 Lakin Tire
When was Lakin Tire founded?
Lakin Tire was founded in 1918.
Where is Lakin Tire located?
Lakin Tire is headquartered in Santa Fe Springs, United States. It is registered at Santa Fe Springs, California, United States.
How many employees does Lakin Tire have?
As of Dec 31, 2022, the latest employee count at Lakin Tire is 132.
What does Lakin Tire do?
Lakin Tire was founded in 1918 and is based in Santa Fe Springs, United States. Operations focus on the recycling sector, where used tires are processed for reuse and disposal. Services include collection, shredding, and material recovery to support environmental compliance. Activities are conducted primarily in North America, with an emphasis on sustainable waste management practices for industrial and commercial clients.
Who are the top competitors of Lakin Tire?
Lakin Tire's top competitors include Boulder Industries, Scandinavian Enviro Systems and Tinna Rubber & Infrastructure.
What products or services does Lakin Tire offer?
Lakin Tire offers Scrap Tire Collection, Tire Recycling, and Buy Used Tires.
Who are Lakin Tire's investors?
Lakin Tire has 1 investor. Key investors include Liberty Tire.