About Laurel Metal
Laurel Metal is a company based in Skokie (United States) founded in 1959 was acquired by Kleen-Rite in March 2023.. Laurel Metal offers products and services including Mechanical Vending Machines, Electronic Vending Machines, Diaper Vending Machines, and Laundry Soap Vending Machines. Laurel Metal operates in a competitive market with competitors including QuickSnap Auto Parts, Ace Auto Parts, MDI Trucks, B-R-C Bearing and USA Parts Online, among others.
- Headquarter Skokie, United States
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Sectors
Transportation, Automotive & Logistics
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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 Laurel Metal Products, 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
Employee Count
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Acquired by
Kleen-Rite
(Mar 16, 2023)
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Products & Services of Laurel Metal
Laurel Metal offers a comprehensive portfolio of products and services, including Mechanical Vending Machines, Electronic Vending Machines, Diaper Vending Machines, and Laundry Soap Vending Machines. 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 mechanical systems for reliable self-service product dispensing.
Offers electronic interfaces for advanced vending operations.
Dispenses diapers in self-service settings like restrooms.
Enables vending of laundry soap in laundromats and similar venues.
Funding Insights of Laurel Metal
| 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 Laurel Metal
Laurel Metal has secured backing from 1 investor. Prominent investors backing the company include Kleen-Rite. 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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Supplies car wash equipment, parts, and products for industry professionals.
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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 Laurel Metal
| 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 - Laurel Metal
| 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 |
Laurel Metal Comparisons
Competitors of Laurel Metal
Laurel Metal 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 QuickSnap Auto Parts, Ace Auto Parts, MDI Trucks, B-R-C Bearing and USA Parts Online, 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 |
Online platform for buying used auto parts with fast delivery and warranty.
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| domain | founded_year | HQ Location |
Sells used auto parts, offers repairs, installations, and buys vehicles.
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| domain | founded_year | HQ Location |
Offers truck parts, service, repairs, and engine rebuilds in Colorado.
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| domain | founded_year | HQ Location |
Distributes bearings, chains, belts, and power transmission parts for industrial applications.
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| domain | founded_year | HQ Location |
Sells low mileage used auto parts online with competitive pricing and free shipping options.
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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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Latest news on Laurel Metal
Frequently Asked Questions about Laurel Metal
When was Laurel Metal founded?
Laurel Metal was founded in 1959.
Where is Laurel Metal located?
Laurel Metal is headquartered in Skokie, United States. It is registered at Skokie, Illinois, United States.
What does Laurel Metal do?
Laurel Metal, established in 1959 and currently in Acquired stage, focuses on auto, auto retail aftersales, parts accessories, online, second hand parts, and distributor. Manufacturer and distributor of car washing vending equipment for automotive vehicles. Adapting to market demands with innovation and client-focused strategies.
Who are the top competitors of Laurel Metal?
Laurel Metal's top competitors include QuickSnap Auto Parts, Ace Auto Parts and MDI Trucks.
What products or services does Laurel Metal offer?
Laurel Metal offers Mechanical Vending Machines, Electronic Vending Machines, Diaper Vending Machines, and Laundry Soap Vending Machines.
Who are Laurel Metal's investors?
Laurel Metal has 1 investor. Key investors include Kleen-Rite.