About Towmaster
Towmaster was established in 1978 by founder Harlan Palm in Litchfield, United States. Trailers tailored for professional hauling needs are produced by the company within the manufacturing sector. Operations center on the design and assembly of towing equipment for commercial applications. The focus remains on serving haulers across the United States through standard production processes. No additional services beyond core trailer manufacturing are indicated.
- Headquarter Litchfield, United States
- Founders Harlan Palm
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Sectors
Industrial Goods & ManufacturingTransportation, Automotive & Logistics
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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
- Investors
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Employee Count
Employee Count
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Acquired by
Monroe Truck Equipment
(Apr 03, 2017)
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Funding Insights of Towmaster
| 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 Towmaster
Towmaster has secured backing from 1 investor. Prominent investors backing the company include Monroe Truck Equipment. 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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Commercial and municipal trucks along with trailers are manufactured.
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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 Towmaster
| 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 - Towmaster
| 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 |
Towmaster Comparisons
Competitors of Towmaster
| 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 Towmaster
When was Towmaster founded?
Towmaster was founded in 1978.
Where is Towmaster located?
Towmaster is headquartered in Litchfield, United States. It is registered at Litchfield, Connecticut, United States.
What does Towmaster do?
Towmaster was established in 1978 by founder Harlan Palm in Litchfield, United States. Trailers tailored for professional hauling needs are produced by the company within the manufacturing sector. Operations center on the design and assembly of towing equipment for commercial applications. The focus remains on serving haulers across the United States through standard production processes. No additional services beyond core trailer manufacturing are indicated.
Who are Towmaster's investors?
Towmaster has 1 investor. Key investors include Monroe Truck Equipment.