About Polycor
Polycor is a company based in Quebec City (Canada) founded in 1987 was acquired by Invest Quebec in May 2022.. Polycor has raised $24.05 million across 2 funding rounds from investors including PNC, Birch Hill Equity Partners and TorQuest Partners. Polycor has completed 7 acquisitions, including Elliott Stone, Indiana Limestone Company and ROCAMAT. Polycor offers products and services including Natural Stones and Slabs and Tiles.
- Headquarter Quebec City, Canada
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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 Polycor Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$24.05 M (USD)
in 2 rounds
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Latest Funding Round
$50 K (USD), Unspecified
Oct 31, 2024
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Investors
PNC
& 3 more
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Employee Count
Employee Count
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Investments & Acquisitions
Elliott Stone
& 6 more
- Acquired by
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Products & Services of Polycor
Polycor offers a comprehensive portfolio of products and services, including Natural Stones and Slabs and Tiles. 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.
Natural stones including granites, marble, limestones, and soapstone are extracted and supplied for construction and design purposes
Slabs and tiles are produced and distributed for residential and commercial projects
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Funding Insights of Polycor
Polycor has successfully raised a total of $24.05M across 2 strategic funding rounds. The most recent funding activity was a Unspecified round of $50 thousand completed in October 2024. 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 2
- Last Round Unspecified — $50,000
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First Round
First Round
(10 Mar 2015)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2024 | Amount | Unspecified - Polycor | Valuation |
investors |
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| Mar, 2015 | Amount | Private Equity Round - Polycor | 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 Polycor
Polycor has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include PNC, Birch Hill Equity Partners and TorQuest 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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Middle-market private equity investments are managed by TorQuest Partners.
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Founded Year | Domain | Location | |
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Private equity investments are directed toward growth-stage companies across sectors.
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Founded Year | Domain | Location | |
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Commercial banking and financing services are provided by PNC.
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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 Polycor
Polycor has strategically engaged in corporate development activities, having acquired 7 companies. Notable acquisitions include Elliott Stone, Indiana Limestone Company and ROCAMAT. 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
|
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.
|
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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Manufacturer of marble stone products
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1997 | ||||
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Recycled glass is transformed into countertops and surfaces.
|
1996 | ||||
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Manufacturer of handcrafted cemetery monuments from natural stone
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1985 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Polycor
| 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 |
Polycor Comparisons
Competitors of Polycor
| 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 Polycor
When was Polycor founded?
Polycor was founded in 1987 and raised its 1st funding round 28 years after it was founded.
Where is Polycor located?
Polycor is headquartered in Quebec City, Canada. It is registered at Quebec City, Quebec, Canada.
Who is the current CEO of Polycor?
Patrick PERUS is the current CEO of Polycor.
Is Polycor a funded company?
Polycor is a funded company, having raised a total of $24.05M across 2 funding rounds to date. The company's 1st funding round was a Private Equity Round of $24M, raised on Mar 10, 2015.
What does Polycor do?
Provider of natural stone for architectural and landscaping projects. It sources stone from quarries and offers a variety of products, including slabs, tiles, blocks, and aggregates. These materials are used in various applications such as building facades, countertops, paving, and other hardscaping features. The company also provides design tools and resources to support project planning and execution. It offers finished and raw materials to meet diverse project needs. The business includes several legacy brands specializing in specific stone types.
What products or services does Polycor offer?
Polycor offers Natural Stones and Slabs and Tiles.
How many acquisitions has Polycor made?
Polycor has made 7 acquisitions, including Elliott Stone, Indiana Limestone Company, and ROCAMAT.
Who are Polycor's investors?
Polycor has 4 investors. Key investors include PNC, Birch Hill Equity Partners, TorQuest Partners, and Invest Quebec.
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