About Sunteck
Sunteck is a company based in Jacksonville (United States) founded in 1976 was acquired by MODE Transportation in November 2019.. The company has 273 employees as of December 31, 2019. Sunteck has completed 1 acquisition, including HA Logistics.
- Headquarter Jacksonville, United States
- Employees 273 as on 31 Dec, 2019
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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 Suntecktts, Inc.
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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
MODE Transportation
& 1 more
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Employee Count
273
as on Dec 31, 2019
- Investments & Acquisitions
- Acquired by
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Funding Insights of Sunteck
| 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 Sunteck
Sunteck has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include MODE Transportation and Comvest 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 |
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Private equity and credit investment services for North American middle-market companies.
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Founded Year | Domain | Location | |
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Intermodal, truckload, supply chain, and parcel services are provided.
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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 Sunteck
Sunteck has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include HA Logistics. 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 |
|---|---|---|---|---|---|
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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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Logistics and supply chain services are provided by HA Logistics.
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1984 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Sunteck
| 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 |
Sunteck Comparisons
Competitors of Sunteck
| 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 Sunteck
When was Sunteck founded?
Sunteck was founded in 1976.
Where is Sunteck located?
Sunteck is headquartered in Jacksonville, United States.
Who is the current CEO of Sunteck?
Ken Forster is the current CEO of Sunteck.
How many employees does Sunteck have?
As of Dec 31, 2019, the latest employee count at Sunteck is 273.
What does Sunteck do?
Sunteck TTS was established in 1976 through the merger of Sunteck Transport Group and TTS, with headquarters in Jacksonville, United States. Operations are conducted as a brokerage firm in the transportation and logistics sector, following a Business Process Outsourcing model. Services are delivered to diverse industries, including food, lumber, paper, printing, textiles, electronics, machinery, and government entities.
How many acquisitions has Sunteck made?
Sunteck has made 1 acquisition, including HA Logistics.
Who are Sunteck's investors?
Sunteck has 2 investors. Key investors include MODE Transportation, and Comvest Partners.
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