About Safelite
Safelite is a company based in Columbus (United States) founded in 1947 by Art Lankin and Bud Glassman was acquired by Belron in February 2007.. Safelite has completed 15 acquisitions, including Absolute Auto Glass, Advanced Auto Glass and Auto Glass Guru. Safelite offers products and services including Windshield Repair, Windshield Replacement, Back Glass Replacement, Side Window Replacement, and Power Window Repair. Safelite operates in a competitive market with competitors including Driven Brands, Meineke Car Care, Service King, Express Oil Change and Take 5 Oil Change, among others.
- Headquarter Columbus, United States
- Founders Art Lankin, Bud Glassman
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Safelite Group, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Belron
& 1 more
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Employee Count
Employee Count
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Investments & Acquisitions
Absolute Auto Glass
& 14 more
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Acquired by
Belron
(Feb 06, 2007)
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Products & Services of Safelite
Safelite offers a comprehensive portfolio of products and services, including Windshield Repair, Windshield Replacement, Back Glass Replacement, Side Window Replacement, and Power Window Repair. 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.
Repairs damaged windshields to ensure vehicle safety.
Replaces broken windshields with new ones.
Replaces rear window glass for vehicles.
Replaces damaged side windows quickly.
Fixes malfunctioning power windows.
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Software Development Team
74 people
Leadership Team
40 people
Human Resources and Administration
27 people
Operations Team
18 people
Finance and Accounting
14 people
Sales and Marketing
9 people
District Team
8 people
Senior Team
8 people
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Funding Insights of Safelite
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 1996 | Amount | Private Equity Round - Safelite | 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 Safelite
Safelite has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Belron and Thomas H Lee 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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Private equity investments are directed toward traditional industries.
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Founded Year | Domain | Location | |
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Vehicle glass repair and replacement services are provided internationally.
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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 Safelite
Safelite has strategically engaged in corporate development activities, having acquired 15 companies. Notable acquisitions include Absolute Auto Glass, Advanced Auto Glass and Auto Glass Guru. 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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Provider of auto repairing services
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2018 | ||||
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Car glass maintenance services are provided nationwide.
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2008 | ||||
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Auto glass repair and replacement services are provided for vehicles.
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2008 |
| 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 - Safelite
| 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 |
Safelite Comparisons
Competitors of Safelite
Safelite 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 Driven Brands, Meineke Car Care, Service King, Express Oil Change and Take 5 Oil Change, 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 |
Aftermarket automotive services are franchised across the United States.
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| domain | founded_year | HQ Location |
Automotive repair and maintenance services are provided for vehicles nationwide.
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| domain | founded_year | HQ Location |
Car repair and maintenance services are provided by Service King.
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| domain | founded_year | HQ Location |
Full mechanical service center chain specializing in oil change
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| domain | founded_year | HQ Location |
Oil change service provider for cars
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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 Safelite
Frequently Asked Questions about Safelite
When was Safelite founded?
Safelite was founded in 1947 and raised its 1st funding round 49 years after it was founded.
Where is Safelite located?
Safelite is headquartered in Columbus, United States. It is registered at Columbus, Ohio, United States.
What does Safelite do?
Safelite was founded in 1947 by co-founders Art Lankin and Bud Glassman in Columbus, United States. Operations are centered in the automotive sector, where repair and maintenance services for cars are delivered. Emphasis is placed on glass repair and replacement, with nationwide coverage through a network of service centers and mobile units. The company serves individual vehicle owners and fleet operators across the country.
Who are the top competitors of Safelite?
Safelite's top competitors include Driven Brands, Meineke Car Care and CARSTAR.
What products or services does Safelite offer?
Safelite offers Windshield Repair, Windshield Replacement, Back Glass Replacement, Side Window Replacement, and Power Window Repair.
How many acquisitions has Safelite made?
Safelite has made 15 acquisitions, including Absolute Auto Glass, Advanced Auto Glass, and Auto Glass Guru.
Who are Safelite's investors?
Safelite has 2 investors. Key investors include Belron, and Thomas H Lee Partners.