About Morris Equipment Ltd.
Morris Equipment Ltd. is a company based in Saskatoon (Canada) founded in 1998 was acquired by Avrio Sub Debt in September 2017. It operates as a Reseller / Distribution. Morris Equipment Ltd. offers products and services including 1440 Air Cart, Air Drills, Air Seeders, Packer/Harrow Bars, and Bale Carriers.
- Headquarter Saskatoon, Canada
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Sectors
Agriculture
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Morris Equipment Ltd.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$1.55 M (USD), Grant
Jul 25, 2019
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Investors
Canadian Space Agency
& 2 more
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Employee Count
Employee Count
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Acquired by
Avrio Sub Debt
(Sep 06, 2017)
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Products & Services of Morris Equipment Ltd.
Morris Equipment Ltd. offers a comprehensive portfolio of products and services, including 1440 Air Cart, Air Drills, Air Seeders, Packer/Harrow Bars, and Bale Carriers. 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.
Air cart designed for large-scale farming efficiency.
Equipment used for precise seed drilling operations.
Machines built for efficient seed distribution tasks.
Tools designed for soil preparation and packing.
Carriers used for transporting bales in fields.
Funding Insights of Morris Equipment Ltd.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Grant — $1.6M
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First Round
First Round
(21 Apr 2017)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2019 | Amount | Grant - Morris Equipment Ltd. | Valuation |
investors |
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| Apr, 2017 | Amount | Grant - Morris Equipment Ltd. | 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 Morris Equipment Ltd.
Morris Equipment Ltd. has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Canadian Space Agency, Avrio Sub Debt and Lamont Brown Group. 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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Canadian space agency focused on social and economic benefits
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Founded Year | Domain | Location | |
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Flexible subordinated debt financing is offered for food and agriculture companies.
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Founded Year | Domain | Location | |
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Investment services are offered by Lamont Brown Group.
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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 Morris Equipment Ltd.
| 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 - Morris Equipment Ltd.
| 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 |
Morris Equipment Ltd. Comparisons
Competitors of Morris Equipment Ltd.
| 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 Morris Equipment Ltd.
When was Morris Equipment Ltd. founded?
Morris Equipment Ltd. was founded in 1998 and raised its 1st funding round 19 years after it was founded.
Where is Morris Equipment Ltd. located?
Morris Equipment Ltd. is headquartered in Saskatoon, Canada. It is registered at Saskatoon, Saskatchewan, Canada.
What does Morris Equipment Ltd. do?
Morris Equipment Ltd. is engaged in the manufacturing and distribution of agricultural machinery. The company operates within the farming sector, offering solutions such as air carts, air drills, air seeders, packerharrow bars, and bale carriers. Products are designed to enhance efficiency in large-scale farming operations, with features like optimized tank splits and high-capacity tires to minimize soil compaction. Facilities are maintained across multiple locations in Canada to support production, research, and sales activities.
What products or services does Morris Equipment Ltd. offer?
Morris Equipment Ltd. offers 1440 Air Cart, Air Drills, Air Seeders, Packer/Harrow Bars, and Bale Carriers.
Who are Morris Equipment Ltd.'s investors?
Morris Equipment Ltd. has 3 investors. Key investors include Canadian Space Agency, Avrio Sub Debt, and Lamont Brown Group.