About SportRack
SportRack is a company based in Granby (United States) founded in 1980 was acquired by Thule Group in May 2006.. SportRack offers products and services including Horizon L Cargo Box, Crest 2 Locking Bike Rack, Mooring Deluxe, and Groomer Deluxe. SportRack operates in a competitive market with competitors including Advance Auto Parts, Hopkins, Motorcar Parts, AAMP Global and Mighty Auto Parts, among others.
- Headquarter Granby, United States
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Sectors
Transportation, Automotive & Logistics
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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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Acquired by
Thule Group
(May 17, 2006)
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Products & Services of SportRack
SportRack offers a comprehensive portfolio of products and services, including Horizon L Cargo Box, Crest 2 Locking Bike Rack, Mooring Deluxe, and Groomer Deluxe. 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.
Durable box for roof rack storage and transport.
Secure rack for transporting two bikes on vehicles.
Rack for kayak transport with multiple configurations.
Lockable rack for accessing winter gear easily.
Funding Insights of SportRack
| 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 SportRack
SportRack has secured backing from 1 investor. Prominent investors backing the company include Thule Group. 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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Manufacturer and supplier of body parts
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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 SportRack
| 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 - SportRack
| 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 |
Sportrack Comparisons
Competitors of SportRack
SportRack 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 Advance Auto Parts, Hopkins, Motorcar Parts, AAMP Global and Mighty Auto Parts, 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 |
Automotive parts and accessories are retailed to aftermarket dealers.
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| domain | founded_year | HQ Location |
Hopkins is recognized as a leading manufacturer of automotive aftermarket products.
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| domain | founded_year | HQ Location |
Automotive components are manufactured and supplied by Motorcar Parts.
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| domain | founded_year | HQ Location |
Automotive aftermarket accessories are manufactured and supplied globally.
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| domain | founded_year | HQ Location |
Auto parts are distributed by Mighty Auto Parts.
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| domain | founded_year | HQ Location |
Automotive exterior functional components are designed and manufactured.
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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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Frequently Asked Questions about SportRack
When was SportRack founded?
SportRack was founded in 1980.
Where is SportRack located?
SportRack is headquartered in Granby, United States. It is registered at Granby, Colorado, United States.
What does SportRack do?
Founded in 1980, SportRack operates in the automotive sector, focusing on the production and distribution of accessories such as hitch-mounted products, cargo boxes, roof racks, bike carriers, and kayak holders. These items are sold through OEM dealers and the companys online platform. Based in Granby, United States, the company functions as a subsidiary of Thule AB, supporting vehicle storage and transport solutions.
Who are the top competitors of SportRack?
SportRack's top competitors include Advance Auto Parts, Mighty Auto Parts and AAMP Global.
What products or services does SportRack offer?
SportRack offers Horizon L Cargo Box, Crest 2 Locking Bike Rack, Mooring Deluxe, and Groomer Deluxe.
Who are SportRack's investors?
SportRack has 1 investor. Key investors include Thule Group.