About Ontic
Ontic is a company based in Los Angeles (United States) founded in 1974 was acquired by CVC in July 2019. It operates as a Professional Services, and Reseller / Distribution. The company has 488 employees as of December 31, 2021. Ontic has completed 1 acquisition, including Firstmark. Ontic offers products and services including Established Aircraft Parts and MRO Services.
- Headquarter Los Angeles, United States
- Employees 488 as on 31 Dec, 2021
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Sectors
Aerospace, Defense & Maritime
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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 Ontic, Inc.
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Products & Services of Ontic
Ontic offers a comprehensive portfolio of products and services, including Established Aircraft Parts and MRO Services. 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.
Established aircraft parts are supplied for global aerospace leaders.
Comprehensive MRO services are provided for aerospace industry needs.
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Software Development Team
43 people
Leadership Team
21 people
Sales and Marketing
15 people
Product Management Team
8 people
Customer Team
6 people
Operations Team
6 people
Head Team
6 people
Data Analysis and Operations Team
5 people
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Funding Insights of Ontic
| 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 Ontic
Ontic has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include CVC and BBA Aviation. 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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Mezzanine financing and equity investments are provided by CVC.
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Founded Year | Domain | Location | |
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Aviation support and aftermarket services are provided globally.
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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 Ontic
Ontic has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Firstmark. 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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Highly engineered aftermarket products for aerospace and defense are manufactured.
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| 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 - Ontic
| 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 |
Ontic Comparisons
Competitors of Ontic
| 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 Ontic
Frequently Asked Questions about Ontic
When was Ontic founded?
Ontic was founded in 1974.
Where is Ontic located?
Ontic is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
How many employees does Ontic have?
As of Dec 31, 2021, the latest employee count at Ontic is 488.
What does Ontic do?
Ontic is established as a globally trusted aerospace partner, specializing in the supply and support of certified aircraft parts for over 45 years. The company serves major aerospace leaders by providing end-to-end solutions, including a broad portfolio of over 6,500 top-level assemblies. Services and products are offered across commercial, military, rotorcraft, and business aviation sectors. Additionally, comprehensive MRO services are provided from global locations, ensuring quality and sustainability. Ontic also partners with OEMs to manage product lines, allowing them to focus on future innovations while maintaining fleet operations worldwide.
What products or services does Ontic offer?
Ontic offers Established Aircraft Parts and MRO Services.
How many acquisitions has Ontic made?
Ontic has made 1 acquisition, including Firstmark.
Who are Ontic's investors?
Ontic has 2 investors. Key investors include CVC, and BBA Aviation.