About ReliableParts
ReliableParts is a company based in Plano (United States) founded in 1933.. ReliableParts has raised $74 million across 2 funding rounds from investors including PNC and Svoboda Capital. The company has 321 employees as of December 31, 2022.
- Headquarter Plano, United States
- Employees 321 as on 31 Dec, 2022
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Sectors
Retail
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$74 M (USD)
in 2 rounds
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Latest Funding Round
$15 M (USD), Private Equity Round
Jul 14, 2014
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Investors
PNC
& 1 more
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Employee Count
321
as on Dec 31, 2022
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Funding Insights of ReliableParts
ReliableParts has successfully raised a total of $74M across 2 strategic funding rounds. The most recent funding activity was a Private Equity Round round of $15 million completed in July 2014. 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 Private Equity Round — $15.0M
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First Round
First Round
(01 May 2014)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2014 | Amount | Private Equity Round - ReliableParts | Valuation |
investors |
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| May, 2014 | Amount | Series C - ReliableParts | Valuation |
investors |
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| 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 ReliableParts
ReliableParts has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include PNC and Svoboda 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 |
|---|---|---|---|---|
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Private equity firm investing in business services sectors with a focus on growth companies.
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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
|
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 ReliableParts
| 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.
|
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.
|
2016 |
Financial Statements - ReliableParts
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| 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 |
Reliableparts Comparisons
Competitors of ReliableParts
| 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 ReliableParts
When was ReliableParts founded?
ReliableParts was founded in 1933 and raised its 1st funding round 81 years after it was founded.
Where is ReliableParts located?
ReliableParts is headquartered in Plano, United States. It is registered at Plano, Texas, United States.
Is ReliableParts a funded company?
ReliableParts is a funded company, having raised a total of $74M across 2 funding rounds to date. The company's 1st funding round was a Series C of $59M, raised on May 01, 2014.
How many employees does ReliableParts have?
As of Dec 31, 2022, the latest employee count at ReliableParts is 321.
What does ReliableParts do?
ReliableParts was established in 1933 in Plano, United States, as a distributor in the appliance parts sector. Replacement components for household appliances are supplied through an online platform at reliableparts.com. Operations involve sourcing and delivering parts to retailers and consumers nationwide, with inventory maintained for various brands and models. The company serves the domestic market from its Texas base, supporting repair and maintenance needs in the industry.
Who are ReliableParts's investors?
ReliableParts has 2 investors. Key investors include PNC, and Svoboda Capital.