Texwrap

Washington, United States Founded: 1979 • Age: 47 yrs Acquired By ProMach
Automated shrink wrapping packaging systems are provided for industrial use.
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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
  • Sectors
    Industrial Goods & Manufacturing
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Texwrap Packaging Systems Llc
Operational Areas
Industrial Goods & Manufacturing → Packaging & Supply Chain Solutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    ProMach

    (Feb 15, 2016)

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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.

Primary

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

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 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.

All
Investor Description Founded Year Domain Location
Manufacturer of packaging machines across various industries
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 Texwrap

Investments
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

Financial Statements - Texwrap

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Texwrap Comparisons

Employees
+
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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
domain founded_year HQ Location
Customized on-demand packaging solutions are delivered through cloud-based platform.
domain founded_year HQ Location
On-demand packaging systems are developed and installed using AI algorithms.
domain founded_year HQ Location
Supplies on-demand label printing systems for efficient operations.
domain founded_year HQ Location
Automation solutions for the packaging industry are provided.
domain founded_year HQ Location
Hosts a digital marketplace for on-demand packaging machines.
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.

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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