About Rimstock
Rimstock is a company based in West Bromwich (United Kingdom) founded in 1985 was acquired by Current Capital Partners in June 2016.. Rimstock has raised $15.98 million across 1 funding round from investors including Clydesdale Bank, Yorkshire Bank and Safanad. Rimstock operates in a competitive market with competitors including Accuride Corporation, Dymag, Vaculug, Superior Industries and Maxion Wheels, among others.
- Headquarter West Bromwich, United Kingdom
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
*********
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Social
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- Legal Name Rimstock Limited
- Date of Incorporation 22 Jan, 1985
- Jurisdiction BIRMINGHAM
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$15.98 M (USD)
in 1 rounds
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Latest Funding Round
$15.98 M (USD), Series A
Jun 05, 2017
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Investors
Clydesdale Bank
& 3 more
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Employee Count
Employee Count
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Acquired by
Current Capital Partners
(Jun 08, 2016)
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Funding Insights of Rimstock
Rimstock has successfully raised a total of $15.98M through 1 strategic funding round. The most recent funding activity was a Series A round of $15.98 million completed in June 2017. 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 1
- Last Round Series A — $16.0M
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First Round
First Round
(05 Jun 2017)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2017 | Amount | Series A - Rimstock | 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 Rimstock
Rimstock has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Clydesdale Bank, Yorkshire Bank and Safanad. 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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Safanad is recognized as a global principal investor and business builder.
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Founded Year | Domain | Location | |
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Clydesdale Bank is operated as a provider of personal, business, and private banking services.
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Founded Year | Domain | Location | |
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Personal and business banking services are provided by Yorkshire Bank.
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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 Rimstock
| 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 - Rimstock
| 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 |
Rimstock Comparisons
Competitors of Rimstock
Rimstock 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 Accuride Corporation, Dymag, Vaculug, Superior Industries and Maxion Wheels, 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 |
Wheels and wheel-end components are manufactured for OEMs.
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| domain | founded_year | HQ Location |
Manufacturer of carbon fibre wheels
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| domain | founded_year | HQ Location |
Automotive tyres are manufactured by Vaculug in the United Kingdom.
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| domain | founded_year | HQ Location |
Aluminum wheels are manufactured and supplied to OEMs and aftermarket.
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| domain | founded_year | HQ Location |
Manufacturer & supplier of automotive wheels to OEMs
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| 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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Latest news on Rimstock
Frequently Asked Questions about Rimstock
When was Rimstock founded?
Rimstock was founded in 1985 and raised its 1st funding round 32 years after it was founded.
Where is Rimstock located?
Rimstock is headquartered in West Bromwich, United Kingdom. It is registered at West Bromwich, West Midlands, United Kingdom.
Who is the current CEO of Rimstock?
Steve Lane is the current CEO of Rimstock.
Is Rimstock a funded company?
Rimstock is a funded company, having raised a total of $15.98M across 1 funding round to date. The company's 1st funding round was a Series A of $15.98M, raised on Jun 05, 2017.
What does Rimstock do?
Rimstock was founded in 1985 and is based in West Bromwich, United Kingdom. Alloy wheels are produced and supplied to original equipment manufacturers and the aftermarket sector. Components such as wheels and tyres are manufactured for motorsports applications. Customers include Allied Vehicles, Alfa Romeo, Aston Martin, Bentley, and Chevrolet. Parts are also provided to the defence industry.
Who are the top competitors of Rimstock?
Rimstock's top competitors include Steel Strips Wheels, Dymag and Accuride Corporation.
Who are Rimstock's investors?
Rimstock has 4 investors. Key investors include Clydesdale Bank, Yorkshire Bank, Safanad, and Current Capital.