About Penda
Penda is a company based in Portage (United States) founded in 1975 by David Kruger was acquired by TriEnda in December 2016. It operates as a Direct-to-Consumer (D2C), and B2B2C. Penda offers products and services including DuraLiner Accessories, Custom Thermoforming, Water Management, and Waste Management. Penda operates in a competitive market with competitors including Tiger Lights, Convoy Technologies, Smittybilt, Auto Masters and Highway Products, among others.
- Headquarter Portage, United States
- Founders David Kruger
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Sectors
Transportation, Automotive & Logistics
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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 Penda Corporation
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Products & Services of Penda
Penda offers a comprehensive portfolio of products and services, including DuraLiner Accessories, Custom Thermoforming, Water Management, and Waste Management. 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.
Cargo management solutions are provided for vehicle protection.
Thermoformed solutions are offered for various industry needs.
Systems for erosion control are designed for water flow.
Recyclable dumpster lids are produced for sustainable waste solutions.
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Sales and Marketing
6 people
Software Development Team
2 people
Leadership Team
1 people
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Funding Insights of Penda
| 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 Penda
Penda has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include TriEnda, Wind Point Partners and Norwest Equity Partners. 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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A private equity firm focused on middle market businesses.
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Founded Year | Domain | Location | |
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PE firm investing in the US
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Founded Year | Domain | Location | |
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Manufacturer of thermoformed packaging and material handling solutions
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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 Penda
| 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 - Penda
| 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 |
Penda Comparisons
Competitors of Penda
Penda 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 Tiger Lights, Convoy Technologies, Smittybilt, Auto Masters and Highway Products, 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 |
Manufacturer of led lights for agricultural and industrial equipments
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| domain | founded_year | HQ Location |
Ruggedized cameras, displays, and sensor systems are manufactured and supplied.
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| domain | founded_year | HQ Location |
Off-road vehicle parts and accessories are supplied globally.
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| domain | founded_year | HQ Location |
Provider of fleet maintenance and repair services for all types of vehicles
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| domain | founded_year | HQ Location |
Produces truck accessories, slides, and custom products for vehicles and businesses.
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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 Penda
When was Penda founded?
Penda was founded in 1975.
Where is Penda located?
Penda is headquartered in Portage, United States.
What does Penda do?
Penda is established as a prominent provider of custom thermoforming solutions across multiple industries including automotive, environmental, agricultural, and construction sectors. Advanced thermoforming techniques are utilized to create innovative products such as DuraLiner accessories for vehicle protection, water management systems for erosion control, and waste management solutions with recyclable materials. Services are extended to heavy truck and recreational markets with cost-effective, high-quality products designed to replace heavier materials like metal and fiberglass. Operations are supported by facilities in the United States and Mexico, ensuring a broad service network for diverse customer needs.
Who are the top competitors of Penda?
Penda's top competitors include Smittybilt, Auto Masters and Convoy Technologies.
What products or services does Penda offer?
Penda offers DuraLiner Accessories, Custom Thermoforming, Water Management, and Waste Management.
Who are Penda's investors?
Penda has 3 investors. Key investors include TriEnda, Wind Point Partners, and Norwest Equity Partners.
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