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
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Phone
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Website
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Social
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- Legal Name Southwire Company, Llc
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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. 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.
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.
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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.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series D — $20.0M
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First Round
First Round
(01 Nov 2003)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Mar, 2015 | Amount | Series D - Southwire | Valuation | SJF Ventures |
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| Apr, 2008 | Amount | Series C - Southwire | Valuation | Nomura |
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| Dec, 2006 | Amount | Series B - Southwire | Valuation |
investors |
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| 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 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. 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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Impact venture capital is invested in early-stage US companies.
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Founded Year | Domain | Location | |
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Diversified asset management services are offered globally by the firm.
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Founded Year | Domain | Location | |
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Provider of DC & AC power cables, wires & other telecom equipment and installation services
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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 Southwire
Southwire has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include UtilX Corporation. 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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Utility services are provided across the United States since 1984.
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1984 |
| 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 - Southwire
| 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 |
Southwire Comparisons
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. 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 |
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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| domain | founded_year | HQ Location |
Facilities management, consulting, and engineering services are provided globally.
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| domain | founded_year | HQ Location |
Facilities management services are provided by OCS since 1900.
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| domain | founded_year | HQ Location |
Housing and care services are provided across the UK.
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| domain | founded_year | HQ Location |
Private aircraft charter and aviation support services are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Southwire
Frequently Asked Questions about Southwire
When was Southwire founded?
Southwire was founded in 2003.
Where is Southwire located?
Southwire is headquartered in Kent, United States. It is registered at Kent, Washington, United States.
Who is the current CEO of Southwire?
Glen Bertini is the current CEO of Southwire. They have also founded this company.
Is Southwire a funded company?
Southwire is a funded company, having raised a total of $27.37M across 5 funding rounds to date. The company's 1st funding round was a Series B of $918.05K, raised on Nov 01, 2003.
What does Southwire do?
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.
Who are the top competitors of Southwire?
Southwire's top competitors include Air Partner, OCS and Clearway.
What products or services does Southwire offer?
Southwire offers Cable Rejuvenation Services, Wire & Cable, and Tools & Equipment.
How many acquisitions has Southwire made?
Southwire has made 1 acquisition, including UtilX Corporation.
Who are Southwire's investors?
Southwire has 3 investors. Key investors include Southwire, Nomura, and SJF Ventures.
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