About Tirepoint
Tirepoint is a company based in Kempton Park (South Africa) founded in 2004 was acquired by Magna Tyres in February 2023.. Tirepoint offers products and services including Passenger and 4×4 Tires, Truck and Bus Tires, Earthmover and OTR Tires, Retread Tires, and Agricultural Tires. Tirepoint operates in a competitive market with competitors including Michelin, Pirelli, Goodyear, Bridgestone and Michelin North America, among others.
- Headquarter Kempton Park, South Africa
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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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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Employee Count
Employee Count
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Acquired by
Magna Tyres
(Feb 06, 2023)
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Products & Services of Tirepoint
Tirepoint offers a comprehensive portfolio of products and services, including Passenger and 4×4 Tires, Truck and Bus Tires, Earthmover and OTR Tires, Retread Tires, and Agricultural Tires. 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.
Tires for passenger vehicles and 4x4s for everyday use
Tires designed for commercial trucks and buses
Tires for heavy machinery and off-the-road applications
Recycled tires for cost-effective vehicle maintenance
Tires specialized for farming and industrial equipment
Funding Insights of Tirepoint
| 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 Tirepoint
Tirepoint has secured backing from 1 investor. Prominent investors backing the company include Magna Tyres. 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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Manufactures OTR and industrial tyres for mining, construction, and agriculture worldwide.
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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 Tirepoint
| 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 - Tirepoint
| 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 |
Tirepoint Comparisons
Competitors of Tirepoint
Tirepoint 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 Michelin, Pirelli, Goodyear, Bridgestone and Michelin North America, 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 |
Composites, tires, and components are manufactured for diverse industries.
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Manufacturer and supplier of tyres
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| domain | founded_year | HQ Location |
Tires for vehicles and machinery are manufactured and supplied worldwide.
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| domain | founded_year | HQ Location |
Bridgestone is recognized as a global tire manufacturer.
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| domain | founded_year | HQ Location |
Manufacturer and supplier of tires
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| domain | founded_year | HQ Location |
Manufacturer and supplier of tyres
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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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 Tirepoint
When was Tirepoint founded?
Tirepoint was founded in 2004.
Where is Tirepoint located?
Tirepoint is headquartered in Kempton Park, South Africa. It is registered at Kempton Park, Gauteng, South Africa.
What does Tirepoint do?
Tirepoint was established in 2004 in Kempton Park, South Africa, where tire manufacturing operations are centered. Tires for passenger vehicles, trucks, and industrial applications are produced using standard industry processes. Focus is placed on meeting local regulatory standards while supplying products to regional markets. The companys online presence is maintained at tirepoint.co.za, facilitating inquiries and orders. Geographic operations remain primarily within South Africa, supporting the automotive sectors needs.
Who are the top competitors of Tirepoint?
What products or services does Tirepoint offer?
Tirepoint offers Passenger and 4×4 Tires, Truck and Bus Tires, Earthmover and OTR Tires, Retread Tires, and Agricultural Tires.
Who are Tirepoint's investors?
Tirepoint has 1 investor. Key investors include Magna Tyres.