About Lightning Pick
Lightning Pick is a company based in Germantown (United States) founded in 1982 was acquired by Matthews International in August 2011.. Lightning Pick offers products and services including Pick-to-Light, Put-to-Light, Picking Carts, and Pack-to-Light. Lightning Pick operates in a competitive market with competitors including Kindred, Third Wave Automation, RightHand Robotics, GreyOrange and Geek+, among others.
- Headquarter Germantown, United States
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Sectors
Transportation, Automotive & LogisticsIndustrial Goods & Manufacturing Technology
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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 Matthews International Corporation
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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
Matthews International
(Aug 08, 2011)
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Products & Services of Lightning Pick
Lightning Pick offers a comprehensive portfolio of products and services, including Pick-to-Light, Put-to-Light, Picking Carts, and Pack-to-Light. 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.
System for directing employees to pick products accurately in warehouses.
Lights guide sorting of merchandise into orders for e-commerce.
Carts for efficient batch picking of multiple orders simultaneously.
System for directing packing of products to store cartons.
Funding Insights of Lightning Pick
| 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 Lightning Pick
Lightning Pick has secured backing from 1 investor. Prominent investors backing the company include Matthews International. 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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Holding company catering to branding, industrial automation and memorialization sectors
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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 Lightning Pick
| 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 - Lightning Pick
| 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 |
Lightning Pick Comparisons
Competitors of Lightning Pick
Lightning Pick 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 Kindred, Third Wave Automation, RightHand Robotics, GreyOrange and Geek+, 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 |
Provider of a pick and place robot for e-commerce applications
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| domain | founded_year | HQ Location |
AI and cloud-driven automation is delivered for warehouse material handling.
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| domain | founded_year | HQ Location |
AI-enabled robotic grippers for object picking are provided.
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| domain | founded_year | HQ Location |
AI and SaaS-based robots for warehouse automation are provided.
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| domain | founded_year | HQ Location |
Autonomous mobile robots are supplied for warehouse operations.
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| domain | founded_year | HQ Location |
Bipedal robots are developed for locomotion, navigation, and manipulation applications.
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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 Lightning Pick
When was Lightning Pick founded?
Lightning Pick was founded in 1982.
Where is Lightning Pick located?
Lightning Pick is headquartered in Germantown, United States.
What does Lightning Pick do?
Lightning Pick was established in 1982 in Germantown, United States, within the material handling sector. Light-directed picking solutions for warehouses and manufacturing operations are offered, including LP Pick and LP Put for order fulfillment and assembly tasks. LP-Cart supports batch picking with carts to minimize travel time, while LP Sled enables cluster picking. LP Zone Free facilitates automated box-to-picker processes for direct-to-consumer orders with limited lines.
Who are the top competitors of Lightning Pick?
Lightning Pick's top competitors include GreyOrange, Third Wave Automation and Agility Robotics.
What products or services does Lightning Pick offer?
Lightning Pick offers Pick-to-Light, Put-to-Light, Picking Carts, and Pack-to-Light.
Who are Lightning Pick's investors?
Lightning Pick has 1 investor. Key investors include Matthews International.