About Southwire
Southwire is a company based in Kent (United States) founded in 2003 by Glen Bertini was acquired by Southwire in March 2022. It operates as a Professional Services and Direct-to-Consumer (D2C). Southwire has raised $27.37 million across 5 funding rounds from investors including Southwire, Nomura and SJF Ventures. Southwire has completed 1 acquisition, including UtilX Corporation. Southwire offers products and services including Cable Rejuvenation Services, Wire & Cable, and Tools & Equipment. Southwire operates in a competitive market with competitors including CBRE, Clearway, Mitie, OCS and Mears Group, among others.
- Headquarter Kent, United States
- Founders Glen Bertini
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Sectors
Business Services
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Southwire Company, Llc
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$27.37 M (USD)
in 5 rounds
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Latest Funding Round
$20 M (USD), Series D
Mar 24, 2015
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Investors
Southwire
& 2 more
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Employee Count
Not available
- Investments & Acquisitions
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Acquired by
Southwire
(Mar 28, 2022)
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Products & Services of Southwire
Southwire offers a comprehensive portfolio of products and services, including Cable Rejuvenation Services, Wire & Cable, and Tools & Equipment.
Underground cables are revitalized using silicone-based fluid injection.
Various cables are provided for power and transmission.
Tools for cable installation and maintenance are offered.
People of Southwire
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Funding Insights of Southwire
Southwire has successfully raised a total of $27.37M across 5 strategic funding rounds. The most recent funding activity was a Series D round of $20 million completed in March 2015. 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.
Investors in Southwire
Southwire has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Southwire, Nomura and SJF Ventures.
| Investor | Description | Founded Year | Domain | Location |
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Impact venture capital is invested in early-stage US companies.
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Diversified asset management services are offered globally by the firm.
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Provider of DC & AC power cables, wires & other telecom equipment and installation services
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Investor details for Southwire
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Investments & Acquisitions by Southwire
Southwire has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include UtilX Corporation.
Investment portfolio details for Southwire
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- Portfolio identities
- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Utility services are provided across the United States since 1984.
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Locked | Locked | 1984 | Locked |
Complete acquisition details for Southwire
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Financial Statements - Southwire
Detailed financials for Southwire
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Southwire Comparisons
Peer comparison for Southwire
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Competitors of Southwire
Southwire 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 CBRE, Clearway, Mitie, OCS and Mears Group, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Property management, brokerage, and asset services are provided globally.
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Provider of property management, temporary CCTV installations and alarm response monitoring
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Facilities management, consulting, and engineering services are provided globally.
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Facilities management services are provided by OCS since 1900.
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Housing and care services are provided across the UK.
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Private aircraft charter and aviation support services are provided.
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Detailed competitors of Southwire
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Latest news on Southwire
Complete news archive for Southwire
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Frequently Asked Questions about Southwire
Southwire was founded in 2003.
Southwire is headquartered in Kent, United States. It is registered at Kent, Washington, United States.
Glen Bertini is the current CEO of Southwire. They have also founded this company.
Southwire is a funded company, having raised a total of $27.37M across 5 funding rounds to date.
Southwire is involved in the manufacturing and distribution of electrical wires and cables for various applications. Services such as cable rejuvenation are offered to extend the life of underground cables using silicone-based fluid injections. The company serves multiple industries including utilities, renewables, data centers, and healthcare. Solutions are provided for high voltage underground transmission and digital grid resiliency. Operational support and technical expertise are prioritized to ensure safety, efficiency, and cost-effectiveness for clients.
Southwire's top competitors include Air Partner, OCS and Clearway.
Southwire offers Cable Rejuvenation Services, Wire & Cable, and Tools & Equipment.
Southwire has made 1 acquisition, including UtilX Corporation.
Southwire has 3 investors. Key investors include Southwire, Nomura, and SJF Ventures.