About Masonite
Masonite is a company based in Tampa (United States) founded in 1924 was acquired by Owens Corning in February 2024. It operates as a Direct-to-Consumer (D2C), and Reseller / Distribution. The company has 1 employees as of April 08, 2024. Masonite has completed 10 acquisitions, including Algoma Hardwoods, BWI Millwork and DW3 Products Group. Masonite offers products and services including Interior Doors, Exterior Doors, and Masonite Performance Door System Plus+.
- Headquarter Tampa, United States
- Employees 1 as on 08 Apr, 2024
- Stage Public
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Sectors
Real Estate & Construction
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Owens Corning
- Date of Incorporation 11 May, 2010
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$1.21 K (USD)-86.96as on Mar 31, 2018
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Net Profit
$-186.02 K (USD)30.42as on Mar 31, 2018
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EBITDA
$-187.21 K (USD)31.72as on Mar 31, 2018
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Latest Funding Round
$500 M (USD), Debt – Conventional
Jul 25, 2019
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Investors
KKR
& 1 more
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Employee Count
1
as on Apr 08, 2024
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Investments & Acquisitions
Algoma Hardwoods
& 9 more
- Acquired by
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Products & Services of Masonite
Masonite offers a comprehensive portfolio of products and services, including Interior Doors, Exterior Doors, and Masonite Performance Door System Plus+. 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.
Interior doors are designed for noise reduction and style.
Exterior doors are built for energy conservation and safety.
Performance doors are engineered for durability and energy efficiency.
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Software Development Team
155 people
Sales and Marketing
96 people
Human Resources and Administration
55 people
Product Management Team
51 people
Finance and Accounting
32 people
Leadership Team
31 people
Plant Team
26 people
Senior Team
25 people
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Funding Insights of Masonite
- Total Funding Total Funding
- Total Rounds 4
- Last Round Debt – Conventional — $500.0M
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First Round
First Round
(08 Apr 2011)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2019 | Amount | Debt – Conventional - Masonite | Valuation |
investors |
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| Feb, 2019 | Amount | Debt – Conventional - Masonite | Valuation |
investors |
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| Jan, 2014 | Amount | Debt – Conventional - Masonite | Valuation |
investors |
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| 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 Masonite
Masonite has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include KKR and Owens Corning. 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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Multiple sectors are invested in by this private equity firm.
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Founded Year | Domain | Location | |
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Manufacturer of roofing, insulation, and composite 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 Masonite
Masonite has strategically engaged in corporate development activities, having acquired 10 companies. Notable acquisitions include Algoma Hardwoods, BWI Millwork and DW3 Products Group. 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
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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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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User reviews for refrigerators and components are provided online.
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2014 | ||||
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Doors and related products are manufactured and supplied by Door-Stop.
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2008 | ||||
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Manufacturer of wood doors & frames
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2004 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Masonite
| 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 |
Masonite Comparisons
Competitors of Masonite
| 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 Masonite
When was Masonite founded?
Masonite was founded in 1924 and raised its 1st funding round 87 years after it was founded.
Where is Masonite located?
Masonite is headquartered in Tampa, United States. It is registered at Tampa, Florida, United States.
How many employees does Masonite have?
As of Apr 08, 2024, the latest employee count at Masonite is 1.
What is the annual revenue of Masonite?
Annual revenue of Masonite is $1.21K as on Mar 31, 2018.
What does Masonite do?
Masonite is involved in the design and production of interior and exterior doors for residential use. The company operates within the construction and building materials sector, offering solutions that focus on energy conservation, noise reduction, safety enhancement, and style elevation. Products such as the Masonite Performance Door System Plus and DuraStyle Wood Doors are developed to meet diverse customer needs. Operations are supported across multiple regions including North America, Europe, Asia, and South America, ensuring a wide range of door solutions for homes globally.
What products or services does Masonite offer?
Masonite offers Interior Doors, Exterior Doors, and Masonite Performance Door System Plus+.
How many acquisitions has Masonite made?
Masonite has made 10 acquisitions, including Algoma Hardwoods, BWI Millwork, and DW3 Products Group.
Who are Masonite's investors?
Masonite has 2 investors. Key investors include KKR, and Owens Corning.
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