About Nortire
Nortire is a company based in Estonia founded in 2000 was acquired by GRI Tires in September 2019.. Nortire offers products and services including Specialty Tires, Tracks, Wheels, and Assemblies. Nortire operates in a competitive market with competitors including Reff, Tirespot, Rehvihunt, A-Velg and Kummiproff, among others.
- Headquarter Estonia
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
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Social
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- Legal Name Nortire Uab
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Products & Services of Nortire
Nortire offers a comprehensive portfolio of products and services, including Specialty Tires, Tracks, Wheels, and Assemblies. 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.
Tires for construction and industrial use.
Rubber and steel tracks for machinery.
Components for industrial and agro machinery.
Construction assemblies with tires.
Funding Insights of Nortire
| 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 Nortire
Nortire has secured backing from 1 investor. Prominent investors backing the company include GRI Tires. 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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Manufactures high-performance tires for agriculture, construction, and material handling 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 Nortire
| 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 - Nortire
| 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 |
Nortire Comparisons
Competitors of Nortire
Nortire 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 Reff, Tirespot, Rehvihunt, A-Velg and Kummiproff, 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 |
Supplies tires and related products for various vehicles.
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| domain | founded_year | HQ Location |
Provides tire sales, repairs, and maintenance services online and in-store.
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| domain | founded_year | HQ Location |
Provides sales of new and used tires, wheels, and automotive repair services.
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| domain | founded_year | HQ Location |
A-Velg supplies a wide range of automotive tires, wheels, and related services to customers.
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| domain | founded_year | HQ Location |
Offers tire sales, wheel services, and automotive maintenance in Estonia.
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| domain | founded_year | HQ Location |
Sells tires, wheels, and offers automotive repair services online.
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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 Nortire
When was Nortire founded?
Nortire was founded in 2000.
Where is Nortire located?
Nortire is headquartered in Estonia.
What does Nortire do?
Nortire was founded in 2000 in Estonia as an online marketplace focused on auto parts. Automotive components are sourced and purchased by users via the platform, which connects buyers with suppliers. Operations center on facilitating transactions for vehicle maintenance items, including tires and accessories. The service targets regional and international customers in the automotive sector, with the domain nortire.com serving as the primary access point.
Who are the top competitors of Nortire?
What products or services does Nortire offer?
Nortire offers Specialty Tires, Tracks, Wheels, and Assemblies.
Who are Nortire's investors?
Nortire has 1 investor. Key investors include GRI Tires.