About Torque
Torque is a company based in Leeds (United Kingdom) founded in 1991. It operates as a Managed Services, and SaaS (Software-as-a-Service). Torque offers products and services including Freight Solutions, Warehousing & Fulfilment, Processing & Pre-Retail, Transport Services, and IT & Tech Support. Torque operates in a competitive market with competitors including DP World, DSV, DHL, SEKO Logistics and Allcargo Logistics, among others.
- Headquarter Leeds, United Kingdom
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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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- Legal Name Torque Retail Services Limited
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$6.3 M (USD), Debt – Conventional
Jul 21, 2020
- Investors
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Employee Count
Employee Count
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Products & Services of Torque
Torque offers a comprehensive portfolio of products and services, including Freight Solutions, Warehousing & Fulfilment, Processing & Pre-Retail, Transport Services, and IT & Tech Support. 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.
Freight services are provided for various shipment sizes.
Warehousing solutions are offered for efficient business operations.
Processing services are delivered for retail-ready stock preparation.
Transport solutions are provided for diverse delivery needs.
Technical support is offered for retail and warehousing.
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Funding Insights of Torque
- Total Funding Total Funding
- Total Rounds 1
- Last Round Debt – Conventional — $6.3M
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First Round
First Round
(21 Jul 2020)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2020 | Amount | Debt – Conventional - Torque | Valuation |
investors |
| 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 Torque
Torque has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Barclays. 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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Diversified financial services are provided across global markets.
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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 Torque
| 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 - Torque
| 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 |
Torque Comparisons
Competitors of Torque
Torque 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 DP World, DSV, DHL, SEKO Logistics and Allcargo Logistics, 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 |
Freight forwarding and maritime logistics services are provided globally.
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Global provider of transport and logistics services
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| domain | founded_year | HQ Location |
Global logistics service provider
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| domain | founded_year | HQ Location |
Global freight forwarding and logistics solutions are provided worldwide.
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| domain | founded_year | HQ Location |
Multi-modal freight transportation, warehousing, and logistics services are provided globally.
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| domain | founded_year | HQ Location |
Diversified freight forwarding services are provided on a global scale.
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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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Frequently Asked Questions about Torque
When was Torque founded?
Torque was founded in 1991 and raised its 1st funding round 29 years after it was founded.
Where is Torque located?
Torque is headquartered in Leeds, United Kingdom. It is registered at Leeds, England, United Kingdom.
What does Torque do?
Torque is involved in delivering comprehensive logistics and supply chain solutions. Services are provided across freight, warehousing, fulfilment, processing, pre-retail, transport, and IT support. Operations are conducted in multiple sectors, including retail and e-commerce, with tailored solutions for specific customer needs. Compatibility with leading platforms like Shopify and Magento is ensured. A focus is maintained on quality service and competitive pricing without compromising standards. Expertise is offered along every step of the supply chain for over 30 years.
Who are the top competitors of Torque?
Torque's top competitors include DHL, Allcargo Logistics and SEKO Logistics.
What products or services does Torque offer?
Torque offers Freight Solutions, Warehousing & Fulfilment, Processing & Pre-Retail, Transport Services, and IT & Tech Support.
Who are Torque's investors?
Torque has 1 investor. Key investors include Barclays.