About Texwrap
Texwrap is a company based in United States founded in 1979 was acquired by ProMach in February 2016.. Texwrap offers products and services including L-Seal Wrappers, Side Seal Wrappers, Vertical Seal Wrappers, e-Commerce Systems, and Shrink Bundling Systems. Texwrap operates in a competitive market with competitors including Packsize, VOIDLESS, Anytron, MMC Packaging and PackMatch, among others.
- Headquarter Washington, United States
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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 Texwrap Packaging Systems Llc
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Products & Services of Texwrap
Texwrap offers a comprehensive portfolio of products and services, including L-Seal Wrappers, Side Seal Wrappers, Vertical Seal Wrappers, e-Commerce Systems, and Shrink Bundling Systems. 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.
Affordable machines for slow to moderate speed packaging applications
Encapsulate products in continuous film for various sizes
Feed products vertically for efficient wrapping
Create right-sized packages with tracking features
Provide in-line bundling for enhanced product presentation
Funding Insights of Texwrap
| 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 Texwrap
Texwrap has secured backing from 1 investor. Prominent investors backing the company include ProMach. 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 packaging machines across various industries
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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 Texwrap
| 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 - Texwrap
| 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 |
Texwrap Comparisons
Competitors of Texwrap
Texwrap 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 Packsize, VOIDLESS, Anytron, MMC Packaging and PackMatch, 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 |
Customized on-demand packaging solutions are delivered through cloud-based platform.
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| domain | founded_year | HQ Location |
On-demand packaging systems are developed and installed using AI algorithms.
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| domain | founded_year | HQ Location |
Supplies on-demand label printing systems for efficient operations.
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| domain | founded_year | HQ Location |
Automation solutions for the packaging industry are provided.
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| domain | founded_year | HQ Location |
Hosts a digital marketplace for on-demand packaging machines.
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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 Texwrap
Frequently Asked Questions about Texwrap
When was Texwrap founded?
Texwrap was founded in 1979.
Where is Texwrap located?
Texwrap is headquartered in United States. It is registered at Washington, United States.
What does Texwrap do?
Texwrap was founded in 1979 in Washington, United States, and operates within the packaging machinery sector. Automated shrink wrapping systems are supplied, encompassing L-bar sealers, side sealers, tunnels, infeed solutions, and conveyors. These components support end-to-end packaging operations for various manufacturing needs, with a focus on efficiency in material handling and sealing processes.
Who are the top competitors of Texwrap?
Texwrap's top competitors include Packsize, VOIDLESS and MMC Packaging.
What products or services does Texwrap offer?
Texwrap offers L-Seal Wrappers, Side Seal Wrappers, Vertical Seal Wrappers, e-Commerce Systems, and Shrink Bundling Systems.
Who are Texwrap's investors?
Texwrap has 1 investor. Key investors include ProMach.
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