About Performance Team
Performance Team is a company based in Santa Fe Springs (United States) founded in 1986 was acquired by Maersk in February 2020. It operates as a Managed Services. Performance Team has raised $21 million across 1 funding round from investors including Maersk and Bison Capital. The company has 1,282 employees as of December 31, 2017. Performance Team offers products and services including Warehousing & Distribution and Transportation Management.
- Headquarter Santa Fe Springs, United States
- Employees 1282 as on 31 Dec, 2017
-
Sectors
Transportation, Automotive & Logistics
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Performance Team - A Maersk Company
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Performance Team
Performance Team offers a comprehensive portfolio of products and services, including Warehousing & Distribution and Transportation 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.
Services for storage and distribution are provided efficiently.
Transportation solutions are managed through a customer portal.
Unlock access to complete
Funding Insights of Performance Team
Performance Team has successfully raised a total of $21M through 1 strategic funding round. The most recent funding activity was a Private Equity Round round of $21 million completed in May 2006. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Private Equity Round — $21.0M
-
First Round
First Round
(01 May 2006)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2006 | Amount | Private Equity Round - Performance Team | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Performance Team
Performance Team has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Maersk and Bison Capital. 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 |
|---|---|---|---|---|
|
Buyouts are targeted through private equity investments by the firm.
|
Founded Year | Domain | Location | |
|
Supply chain, logistics, and transportation services are provided globally.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Performance Team
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Performance Team
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Performance Team Comparisons
Competitors of Performance Team
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about Performance Team
When was Performance Team founded?
Performance Team was founded in 1986 and raised its 1st funding round 20 years after it was founded.
Where is Performance Team located?
Performance Team is headquartered in Santa Fe Springs, United States. It is registered at Santa Fe Springs, California, United States.
Who is the current CEO of Performance Team?
Mike Kaplan is the current CEO of Performance Team.
Is Performance Team a funded company?
Performance Team is a funded company, having raised a total of $21M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $21M, raised on May 01, 2006.
How many employees does Performance Team have?
As of Dec 31, 2017, the latest employee count at Performance Team is 1,282.
What does Performance Team do?
Performance Team, a Maersk Company, is involved in providing logistics solutions with a focus on warehousing and distribution. Services are offered in transportation management through dedicated customer portals. The company operates within the broader logistics sector, ensuring efficient storage and distribution for clients. Emphasis is placed on employee development and comprehensive benefits to support a skilled workforce. Solutions are tailored to meet customer needs across various regions.
What products or services does Performance Team offer?
Performance Team offers Warehousing & Distribution and Transportation Management.
Who are Performance Team's investors?
Performance Team has 2 investors. Key investors include Maersk, and Bison Capital.