About SimpleTire
SimpleTire is a company based in Feasterville Trevose (United States) founded in 2012 by Kenny Pratt, Josh Chalofsky, and Andy Chalofsky.. SimpleTire offers products and services including Tires, Installation Services, and Financing Options. SimpleTire operates in a competitive market with competitors including TireTutor, Tire Agent, America’s Tire, Zohr and Custom Offset, among others.
- Headquarter Feasterville Trevose, United States
- Founders Kenny Pratt, Josh Chalofsky, Andy Chalofsky
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Sectors
Transportation, Automotive & Logistics
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Email
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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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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Products & Services of SimpleTire
SimpleTire offers a comprehensive portfolio of products and services, including Tires, Installation Services, and Financing Options. 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.
Online sales of various tire brands for vehicles with deals and shipping
Platform for scheduling tire installation through verified partners
Flexible financing for tire purchases with no credit needed
Funding Insights of SimpleTire
- 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 |
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| Jun, 2018 | Amount | Series A - SimpleTire | Valuation | Dealer Tire |
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| 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 SimpleTire
SimpleTire has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Dealer Tire. 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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Tires are supplied to independent dealers by Dealer Tire.
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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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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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Investments & Acquisitions by SimpleTire
| 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 - SimpleTire
| 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 |
Simpletire Comparisons
Competitors of SimpleTire
SimpleTire 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 TireTutor, Tire Agent, America’s Tire, Zohr and Custom Offset, 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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| domain | founded_year | HQ Location |
Vehicle tires are purchased online via connections to local dealers.
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| domain | founded_year | HQ Location |
Tires are distributed and mobile fittings are scheduled online.
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| domain | founded_year | HQ Location |
Automotive tires are purchased via an online platform.
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| domain | founded_year | HQ Location |
Online tire purchases and mobile services are facilitated.
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| domain | founded_year | HQ Location |
Offers an online platform for purchasing automotive wheels and tires.
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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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| 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 Simpletire
Frequently Asked Questions about SimpleTire
When was SimpleTire founded?
SimpleTire was founded in 2012 and raised its 1st funding round 6 years after it was founded.
Where is SimpleTire located?
SimpleTire is headquartered in Feasterville Trevose, United States. It is registered at Feasterville Trevose, Pennsylvania, United States.
Who is the current CEO of SimpleTire?
Andy Chalofsky is the current CEO of SimpleTire. They have also founded this company.
What does SimpleTire do?
SimpleTire was founded in 2012 and is based in Feasterville Trevose, United States, operating in the e-commerce sector for automotive tires. Tires from brands such as BF Goodrich, Michelin, and Continental are offered, with searches enabled by vehicle make, model, brand, or dimensions. Concierge services facilitate tire delivery and installation scheduling at over 10,000 centers via more than 3,000 supply points.
Who are the top competitors of SimpleTire?
SimpleTire's top competitors include TireTutor, America’s Tire and Tire Agent.
What products or services does SimpleTire offer?
SimpleTire offers Tires, Installation Services, and Financing Options.
Who are SimpleTire's investors?
SimpleTire has 1 investor. Key investors include Dealer Tire.