About Ritus
Ritus is a company based in Milwaukee (United States) founded in 1963 was acquired by Blue Point Capital Partners in August 2019.. Ritus has completed 1 acquisition, including Cascadia Custom Molding.
- Headquarter Milwaukee, United States
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Annual Revenue
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Latest Funding Round
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- Investments & Acquisitions
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Acquired by
Blue Point Capital Partners
(Aug 13, 2019)
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Funding Insights of Ritus
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Ritus
Ritus has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Blue Point Capital Partners. 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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Blue Point Capital Partners is engaged in private equity investments.
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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 Ritus
Ritus has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Cascadia Custom Molding. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Custom plastic injection molding services are provided for various applications.
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2018 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Ritus
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Ritus Comparisons
Competitors of Ritus
| 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 Ritus
When was Ritus founded?
Ritus was founded in 1963.
Where is Ritus located?
Ritus is headquartered in Milwaukee, United States. It is registered at Milwaukee, Wisconsin, United States.
What does Ritus do?
Ritus was established in 1963 and is headquartered in Milwaukee, United States. Operations focus on the manufacturing sector, where molded products are produced for various applications. The company maintains its primary facilities in Milwaukee, supporting production and distribution activities within the domestic market. Domain presence is maintained at ritus.com to facilitate business inquiries and partnerships. Core processes involve molding techniques adapted to industry standards.
How many acquisitions has Ritus made?
Ritus has made 1 acquisition, including Cascadia Custom Molding.
Who are Ritus's investors?
Ritus has 1 investor. Key investors include Blue Point Capital Partners.