About Purolite
Purolite is a company based in Bala Cynwyd (United States) founded in 1981 was acquired by Ecolab in October 2021.. Purolite has raised $135 million across 3 funding rounds from investors including HSBC, Ecolab and PNC. Purolite offers products and services including Purolite™ DurA™ Cycle A50, Purolite Praesto™ Jetted A50, and Purolite™ Purofine™ PFA694. Purolite operates in a competitive market with competitors including Chemforase, among others.
- Headquarter Bala Cynwyd, United States
-
Sectors
Healthcare
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Purolite Private Limited
- Date of Incorporation 30 Sep, 2008
- Jurisdiction Pune, Maharashtra, India
-
Annual Revenue
$546.31 K (USD)7.61as on Mar 31, 2023
-
Net Profit
$33.24 K (USD)1330.76as on Mar 31, 2023
-
EBITDA
$304.61 K (USD)33.55as on Mar 31, 2023
-
Total Equity Funding
$135 M (USD)
in 3 rounds
-
Latest Funding Round
$225 M (USD), Debt – Conventional
Jun 24, 2020
-
Investors
HSBC
& 4 more
-
Employee Count
Employee Count
-
Acquired by
Ecolab
(Oct 28, 2021)
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 Purolite
Purolite offers a comprehensive portfolio of products and services, including Purolite™ DurA™ Cycle A50, Purolite Praesto™ Jetted A50, and Purolite™ Purofine™ PFA694. 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.
Resin for mAb and protein purification processes
Resins for ion exchange and separation applications
High-selectivity resin for PFAS removal in pollution control
Funding Insights of Purolite
Purolite has successfully raised a total of $135M across 3 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $225 million completed in June 2020. 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 3
- Last Round Debt – Conventional — $225.0M
-
First Round
First Round
(09 Sep 2009)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2020 | Amount | Debt – Conventional - Purolite | Valuation |
investors |
|
| Apr, 2020 | Amount | Debt – Conventional - Purolite | Valuation |
investors |
|
| Sep, 2009 | Amount | Private Equity Round - Purolite | 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 Purolite
Purolite has secured backing from 5 investors, including institutional investors. Prominent investors backing the company include HSBC, Ecolab and PNC. 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 |
|---|---|---|---|---|
|
Universal banking and financial advisory services are provided globally.
|
Founded Year | Domain | Location | |
|
Commercial banking services are offered in the United States.
|
Founded Year | Domain | Location | |
|
Commercial banking and financing services are provided by PNC.
|
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 Purolite
| 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 - Purolite
| 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 |
Purolite Comparisons
Competitors of Purolite
Purolite 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 Chemforase, 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 |
Affinity resins for butyrylcholinesterase purification are manufactured and sold.
|
| 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 Purolite
Frequently Asked Questions about Purolite
When was Purolite founded?
Purolite was founded in 1981 and raised its 1st funding round 28 years after it was founded.
Where is Purolite located?
Purolite is headquartered in Bala Cynwyd, United States. It is registered at Bala Cynwyd, Pennsylvania, United States.
Who is the current CEO of Purolite?
Fabio Sousa is the current CEO of Purolite.
Is Purolite a funded company?
Purolite is a funded company, having raised a total of $135M across 3 funding rounds to date. The company's 1st funding round was a Private Equity Round of $135M, raised on Sep 09, 2009.
What is the annual revenue of Purolite?
Annual revenue of Purolite is $546.31K as on Mar 31, 2023.
What does Purolite do?
Purolite is a manufacturer of quality ion exchange, catalyst, adsorbent and specialty high-performance resins. The companys products find critical applications in a wide range of industries including metallurgy, water purification, power, semiconductor, food and pharmaceuticals.
Who are the top competitors of Purolite?
Purolite's top competitors include Chemforase.
What products or services does Purolite offer?
Purolite offers Purolite™ DurA™ Cycle A50, Purolite Praesto™ Jetted A50, and Purolite™ Purofine™ PFA694.
Who are Purolite's investors?
Purolite has 5 investors. Key investors include HSBC, Ecolab, PNC, Santander Bank, and KfW IPEX-Bank.