About Rand Electric
Rand Electric is a company based in Ajax (Canada) founded in 1981.. Rand Electric offers products and services including Electrical Services, Backup Generators, and Service Panel Upgrades. Rand Electric operates in a competitive market with competitors including Dr. Phone Fix, Norbell Electrique, Dzars Appliance Repair, 3-Phase Electrical and Goodkey Weedmark & Associates, among others.
- Headquarter Ajax, Canada
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Business Services
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Products & Services of Rand Electric
Rand Electric offers a comprehensive portfolio of products and services, including Electrical Services, Backup Generators, and Service Panel Upgrades. 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.
Offers wiring and upgrades for homes and businesses.
Provides reliable backup power for residential and commercial use.
Handles panel improvements to ensure safe and efficient power.
Funding Insights of Rand Electric
| 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 |
Investments & Acquisitions by Rand Electric
| 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 - Rand Electric
| 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 |
Rand Electric Comparisons
Competitors of Rand Electric
Rand Electric 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 Dr. Phone Fix, Norbell Electrique, Dzars Appliance Repair, 3-Phase Electrical and Goodkey Weedmark & Associates, 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 |
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Repair services for smartphones, tablets, laptops, and computers are provided.
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Provider of electrical installation services
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Specializes in repairing major electric and gas appliances with expert services.
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Commercial electrical repair services are provided to businesses.
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Mechanical and electrical engineering consulting services are provided.
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Provider of commercial electrical services
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Rand Electric
When was Rand Electric founded?
Rand Electric was founded in 1981.
Where is Rand Electric located?
Rand Electric is headquartered in Ajax, Canada. It is registered at Ajax, Ontario, Canada.
What does Rand Electric do?
Rand Electric was established in 1981 in Ajax, Canada, within the electrical services sector. Residential and commercial electrical needs are addressed through various installations, repairs, and maintenance operations. Services encompass wiring, lighting, and safety systems for homes and businesses. The company operates primarily in the local region, with ownership held by Larry Mittelstaedt and Andy Mittelstaedt. Focus remains on reliable infrastructure support in the community.
Who are the top competitors of Rand Electric?
Rand Electric's top competitors include Dr. Phone Fix, Goodkey Weedmark & Associates and Honey Electric.
What products or services does Rand Electric offer?
Rand Electric offers Electrical Services, Backup Generators, and Service Panel Upgrades.