About Straightpoint
Straightpoint is a company based in Havant (United Kingdom) founded in 2002 was acquired by LGH UK in April 2019.. Straightpoint offers products and services including Loadlinks, Load Shackles, and Tension Meters. Straightpoint operates in a competitive market with competitors including Honeywell, CG Power & Industrial Solutions, Schneider Electric, Danfoss and Emerson, among others.
- Headquarter Havant, United Kingdom
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Sectors
Industrial Goods & Manufacturing
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Phone
*********
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Website
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Social
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- Legal Name Straightpoint (Uk) Limited
- Date of Incorporation 15 Feb, 2002
- Jurisdiction LONDON, UNITED KINGDOM
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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
The Crosby Group
& 1 more
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Employee Count
Employee Count
- Acquired by
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Products & Services of Straightpoint
Straightpoint offers a comprehensive portfolio of products and services, including Loadlinks, Load Shackles, and Tension Meters. 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.
Wireless devices for monitoring tension loads in industrial settings
Shackles for accurate load weighing and safety
Tools for measuring wire rope and line tension
Funding Insights of Straightpoint
| 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 Straightpoint
Straightpoint has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include The Crosby Group and LGH UK. 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 of rigging, lifting, and material handling solutions
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Founded Year | Domain | Location | |
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Lifting equipment hire services are provided across the United Kingdom.
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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 Straightpoint
| 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 - Straightpoint
| 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 |
Straightpoint Comparisons
Competitors of Straightpoint
Straightpoint 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 Honeywell, CG Power & Industrial Solutions, Schneider Electric, Danfoss and Emerson, 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 |
Diversified electronics and automation equipment are manufactured and supplied.
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Manufacturer of Industrial and Consumer Electric Equipment
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| domain | founded_year | HQ Location |
Energy management and automation solutions are provided globally.
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| domain | founded_year | HQ Location |
Manufacturer of energy efficiency products
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| domain | founded_year | HQ Location |
Automation and engineering services are provided for multiple industries.
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| domain | founded_year | HQ Location |
Industrial automation and information systems are provided to global industries.
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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 Straightpoint
Frequently Asked Questions about Straightpoint
When was Straightpoint founded?
Straightpoint was founded in 2002.
Where is Straightpoint located?
Straightpoint is headquartered in Havant, United Kingdom. It is registered at Havant, Hampshire, United Kingdom.
Who is the current CEO of Straightpoint?
Robert Desel is the current CEO of Straightpoint.
What does Straightpoint do?
Straightpoint was founded in 2002 and is based in Havant, United Kingdom. Load monitoring and measurement systems, along with related equipment, are produced by the company within the manufacturing sector. Operations center on developing and supplying these systems for industrial applications, including crane and rigging uses. The focus remains on precision instrumentation for safety and efficiency in load-handling environments across various global markets.
Who are the top competitors of Straightpoint?
Straightpoint's top competitors include Honeywell, CG Power & Industrial Solutions and Schneider Electric.
What products or services does Straightpoint offer?
Straightpoint offers Loadlinks, Load Shackles, and Tension Meters.
Who are Straightpoint's investors?
Straightpoint has 2 investors. Key investors include The Crosby Group, and LGH UK.