About Spiroflow
Spiroflow is a company based in Monroe (United States) founded in 2014 was acquired by May River Capital in April 2022. It operates as a Direct-to-Consumer (D2C), and Managed Services. Spiroflow offers products and services including Flexible Screw Conveyors, Bulk Bag Fillers, and Bulk Bag Unloaders.
- Headquarter Monroe, United States
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Sectors
Industrial Goods & Manufacturing
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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 Akona Process Solutions
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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
Made Smarter
& 1 more
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Employee Count
Employee Count
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Acquired by
May River Capital
(Apr 26, 2022)
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Products & Services of Spiroflow
Spiroflow offers a comprehensive portfolio of products and services, including Flexible Screw Conveyors, Bulk Bag Fillers, and Bulk Bag Unloaders. 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.
Flexible screw conveyors are provided for material handling.
Bulk bag fillers are offered for industrial use.
Bulk bag unloaders are designed for material discharge.
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Funding Insights of Spiroflow
- 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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| Mar, 2020 | Amount | Seed - Spiroflow | Valuation | Made Smarter |
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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 Spiroflow
Spiroflow has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Made Smarter and May River Capital. 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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Industrial growth businesses are supported through private equity investments.
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Founded Year | Domain | Location | |
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Digital transformation is supported for UK manufacturing SMEs.
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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 Spiroflow
| 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 - Spiroflow
| 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 |
Spiroflow Comparisons
Competitors of Spiroflow
| 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 Spiroflow
When was Spiroflow founded?
Spiroflow was founded in 2014 and raised its 1st funding round 6 years after it was founded.
Where is Spiroflow located?
Spiroflow is headquartered in Monroe, United States.
Who is the current CEO of Spiroflow?
Jeff Dudas is the current CEO of Spiroflow.
What does Spiroflow do?
Spiroflow, now rebranded as Akona Process Solutions, is involved in the design and manufacture of bespoke material handling equipment. Solutions are tailored to customer requirements and integrated with batch processing, weighing, batching, and automated handling systems. The company serves a global customer base across industries such as food, beverages, pharmaceuticals, chemicals, and energy. Facilities are maintained in the United States, United Kingdom, and Germany, ensuring comprehensive support and innovation in bulk material handling and processing equipment.
What products or services does Spiroflow offer?
Spiroflow offers Flexible Screw Conveyors, Bulk Bag Fillers, and Bulk Bag Unloaders.
Who are Spiroflow's investors?
Spiroflow has 2 investors. Key investors include Made Smarter, and May River Capital.