Sprint Electric

Arundel, United Kingdom Founded: 1987 • Age: 39 yrs
Industrial motor controllers are manufactured for industrial applications.

About Sprint Electric

Sprint Electric is a company based in Arundel (United Kingdom) founded in 1987. Sprint Electric has raised $5.16 million across 2 funding rounds from investors including Foresight Group. The company has 19 employees. Sprint Electric operates in a competitive market with competitors including Advanced Electric Machines, Integra Engineering, ComAp, Vibration Research and Zikodrive, among others.

  • Headquarter Arundel, United Kingdom
  • Employees 19
  • Sectors
    Industrial Goods & Manufacturing
  • Email
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  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website sprint-electric.com
  • Social LinkedIn Facebook
  • Legal Name Sprint Electric Limited
  • Date of Incorporation 02 Sep, 1987
  • Jurisdiction ARUNDEL, WEST SUSSEX, UNITED KINGDOM
Key Metrics
  • Total Equity Funding
    $5.16M (USD)

    in 2 rounds

  • Latest Funding Round
    $2.4M (USD), Private Equity Round

    May 2024

  • Investors
  • Employee Count
    19

Funding Insights of Sprint Electric

Sprint Electric has successfully raised a total of $5.16M across 2 strategic funding rounds. The most recent funding activity was a Private Equity Round of $2.4 million completed in May 2024. 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 $5.16M
  • Total Rounds 2
  • Last Round Private Equity Round β€” $2.4M
  • First Round $2.76M

    (Apr 2023)

  • Investors Count 1

All 2 funding rounds of Sprint Electric with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
May 2024$2.4MPrivate Equity Round–Foresight Group
–
Apr 2023$2.76MPrivate Equity Round–Foresight Group
–
Valuation history

1 investors in total: 1 institutional.

Investors in Sprint Electric

Sprint Electric has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Foresight Group.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Foresight Group is engaged in sustainable investment management.
1984foresightgroup.eu-
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People of Sprint Electric

5 people are tracked at Sprint Electric (1 in leadership, 4 in team); the tracked headcount is 19.

NameRoleGroup
Mark Gardiner
DirectorLeadership
Neill Drennan
Business Development ManagerTeam
Debra Hall Cgma Adv Dip
Company AccountantTeam
Mick Puttick
Internal Sales EngineerTeam
Robert Tinto
Pres./OwnerTeam
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Timeline of Sprint Electric

3 dated milestones of Sprint Electric across 37 years, from founding to its latest funding, stage changes and deals.

  1. Founded Sprint Electric is founded.
  2. Funding First funding round of $2.8M.
  3. Funding Latest funding round, Private Equity Round, of $2.4M.

Competitors of Sprint Electric

Sprint Electric 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 Advanced Electric Machines, Integra Engineering, ComAp, Vibration Research and Zikodrive, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
advancedelectricmachines.com2017Washington, United Kingdom$37.17M–
Electric traction motors are manufactured for the transport sector.
integraengineering.in1987India––
Manufacturer of electrical & telecom enclosures
comap-control.com1991Prague, Czech Republic––
Manufactures high-quality industrial controllers for various applications.
vibrationresearch.com1995Jenison, United States–40
Produces high-quality microdynamic and vibration controllers for industrial use.
zikodrive.com2012Sowerby Bridge, United Kingdom$312,1955
Motor controllers are designed and manufactured by Zikodrive.
formoplastic.com1972Chennai, India–196
Provides electrical control systems and automation for industries including sugar and power.
ccipower.com1980Chanhassen, United States–25
Manufacturer of SCR power controllers, fuses, and accessories
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Detailed competitors of Sprint Electric

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Web traffic of Sprint Electric

Websites that share an audience with Sprint Electric (sprint-electric.com).

Similar websites

Websites whose visitors overlap most with Sprint Electric. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
mardix.co.uk
mardix.co.uk
100%
–––
cablesystems.co.uk
100%
–#1,439,897View details
kbelectronics.com
96%
––View details
waelectric.ca
waelectric.ca
89%
–––
roboteq.com
68%
14.6K#1,702,653View details

Latest news on Sprint Electric

Manufacturer of variable speed drives secures £2.5m investment
Eastmidlandsbusinesslink β€’ 3 years ago
Curiosity IoT platform unveiled
Electronicspecifier β€’ 8 years ago
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Similar companies to Sprint Electric

10 companies that operate in the same segment as Sprint Electric (Industrial Automation & Robotics), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Developer of LiDAR-based sensors
2002San Francisco, California, United StatesUSD 129 MUSD 169.38 M192
Diversified electronics and automation equipment are manufactured and supplied.
1885United StatesUSD 1.13 MUSD 37.44 B6,810
Manufacturer of Industrial and Consumer Electric Equipment
1937Mumbai, Maharashtra, India–USD 1.32 B4,840
AI and SaaS-based robots for warehouse automation are provided.
2012Roswell, United StatesUSD 545.23 MUSD 39.76 M553
AI-based robotic arms are developed for industrial automation tasks.
2010San Francisco, California, United StatesUSD 123.02 M––
Energy management and automation solutions are provided globally.
1836Rueil-malmaison, Hauts-de-seine, France–USD 39.63 B2,020
AI-enabled autonomous vehicles are developed for local goods deliveries.
2016Menlo Park, California, United StatesUSD 2.34 B––
Robotic waterjet system for prostate tissue removal is developed.
2009Redwood City, California, United StatesUSD 348.84 MUSD 308.05 M756
Robotic equipment for automating weeding on vegetable farms is developed.
2016San Francisco, California, United StatesUSD 139.96 M–73
Collaborative surgical robotic systems are provided for hospital procedures.
2014Cambridge, Cambridgeshire, United KingdomUSD 1.32 B––
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Frequently Asked Questions about Sprint Electric

Sprint Electric was founded in 1987 and raised its 1st funding round 36 years after it was founded.

Sprint Electric is headquartered in Arundel, United Kingdom. It is registered at Arundel, West Sussex, United Kingdom.

Sprint Electric is a funded company, having raised a total of $5.16M across 2 funding rounds to date. The company's 1st funding round was a Private Equity Round of $2.76M, raised on Apr 2023.

Sprint Electric has 19 employees.

Sprint Electric was founded in 1987 and is located in Arundel, United Kingdom. Industrial motor controllers, including DC and AC drives, are produced by the company for various sectors such as manufacturing and automation. Operations focus on design, engineering, and assembly of control systems. Products are distributed globally from the UK base, supporting applications in heavy industry and machinery.

Sprint Electric's top competitors include Advanced Electric Machines, Integra Engineering and Zikodrive.

Sprint Electric has 1 investor. Key investors include Foresight Group.

Sprint Electric operates through Sprint Electric Limited.

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