Prater Industries

Bolingbrook, United States Founded: 1925 • Age: 101 yrs Acquired By Industrial Magnetics
Equipment for size reduction, separation, metering, and compacting is manufactured.

About Prater Industries

Prater Industries was founded in 1925 in Bolingbrook, United States. Processing equipment and systems are produced for applications in size reduction, separation, metering, and compacting. Operations are centered in the industrial manufacturing sector, with solutions developed for material handling needs across various industries. The companys domain, prater-sterling.com, supports its online operations.

  • Headquarter Bolingbrook, United States
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Operational Areas
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Industrial Magnetics

    (May 29, 2014)

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Funding Insights of Prater Industries

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2014 Amount Debt – Conventional - Prater Industries Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

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Jan, 2021 Amount Post-IPO - Grab Valuation

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Investors in Prater Industries

Prater Industries has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Industrial Magnetics and Abacus Finance. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
Abacus Finance is engaged in providing tailored credit solutions to lower-middle market companies.
Founded Year Domain Location
Industrial magnetic components and systems are supplied to manufacturing sectors.
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 Prater Industries

Investments
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 - Prater Industries

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

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Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Prater Industries Comparisons

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Competitors of Prater Industries

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.

Latest news on Prater Industries

Frequently Asked Questions about Prater Industries

When was Prater Industries founded?

Prater Industries was founded in 1925 and raised its 1st funding round 89 years after it was founded.

Where is Prater Industries located?

Prater Industries is headquartered in Bolingbrook, United States. It is registered at Bolingbrook, Illinois, United States.

What does Prater Industries do?

Prater Industries was founded in 1925 in Bolingbrook, United States. Processing equipment and systems are produced for applications in size reduction, separation, metering, and compacting. Operations are centered in the industrial manufacturing sector, with solutions developed for material handling needs across various industries. The companys domain, prater-sterling.com, supports its online operations.

Who are Prater Industries's investors?

Prater Industries has 2 investors. Key investors include Industrial Magnetics, and Abacus Finance.

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