About Strata Worldwide
Strata Worldwide is a company based in Springs (South Africa) founded in 1992 was acquired by Wingate Partners in August 2014.. Strata Worldwide has completed 1 acquisition, including Bright Path AI. Strata Worldwide offers products and services including Safety Technologies and Underground Communications.
- Headquarter Springs, South Africa
-
Sectors
Industrial Goods & Manufacturing
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Strata Products Worldwide Llc
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Latest Funding Round
$69 M (USD), Debt – Conventional
Jun 24, 2019
-
Investors
Morgan Stanley
& 2 more
-
Employee Count
Employee Count
- Investments & Acquisitions
-
Acquired by
Wingate Partners
(Aug 11, 2014)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Strata Worldwide
Strata Worldwide offers a comprehensive portfolio of products and services, including Safety Technologies and Underground Communications. 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.
Safety technologies such as proximity detection and collision avoidance systems are provided to promote worker protection in mining environments.
Underground communications solutions are offered to facilitate connectivity and monitoring in tunneling and maritime operations.
Funding Insights of Strata Worldwide
- Total Funding Total Funding
- Total Rounds 1
- Last Round Debt – Conventional — $69.0M
-
First Round
First Round
(24 Jun 2019)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2019 | Amount | Debt – Conventional - Strata Worldwide | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Strata Worldwide
Strata Worldwide has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Morgan Stanley, Wellsfargocapitalfinance and Wingate Partners. 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 |
|---|---|---|---|---|
|
-
|
Founded Year | Domain | Location | |
|
Wealth management, investment advisory, and financial services are provided.
|
Founded Year | Domain | Location | |
|
-
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Strata Worldwide
Strata Worldwide has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Bright Path AI. 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 |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
AI-powered safety monitoring solutions for construction sites are offered.
|
2020 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Strata Worldwide
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Strata Worldwide Comparisons
Competitors of Strata Worldwide
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about Strata Worldwide
When was Strata Worldwide founded?
Strata Worldwide was founded in 1992 and raised its 1st funding round 27 years after it was founded.
Where is Strata Worldwide located?
Strata Worldwide is headquartered in Springs, South Africa. It is registered at Springs, Gauteng, South Africa.
Who is the current CEO of Strata Worldwide?
Mike Berube is the current CEO of Strata Worldwide.
What does Strata Worldwide do?
Strata Worldwide was founded in 1992 and is based in Springs, South Africa. Safety systems and technologies are supplied to the mining, tunneling, and maritime sectors. Operations focus on underground connectivity, worker protection, and productivity enhancements through products like proximity detection, collision avoidance, and emergency communication solutions. Support services and operational insights from extensive sector experience are offered. Systems are adapted for diverse locations and contexts to support safety advancements.
What products or services does Strata Worldwide offer?
Strata Worldwide offers Safety Technologies and Underground Communications.
How many acquisitions has Strata Worldwide made?
Strata Worldwide has made 1 acquisition, including Bright Path AI.
Who are Strata Worldwide's investors?
Strata Worldwide has 3 investors. Key investors include Morgan Stanley, Wellsfargocapitalfinance, and Wingate Partners.