About Tru-Edge
Tru-Edge is a company based in Saint Henry (United States) founded in 1996 was acquired by MSC Industrial Supply in January 2023. It operates as a Professional Services, and Direct-to-Consumer (D2C). Tru-Edge offers products and services including Custom Crafted Round Tools, Regrind Programs, and Tool Life Management.
- Headquarter Saint Henry, United States
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Sectors
Industrial Goods & Manufacturing
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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 Tru-Edge
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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
MSC Industrial Supply
(Jan 11, 2023)
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Products & Services of Tru-Edge
Tru-Edge offers a comprehensive portfolio of products and services, including Custom Crafted Round Tools, Regrind Programs, and Tool Life Management. 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.
Custom tools are designed for specific manufacturing needs.
Tools are reground to extend their usable life.
Tool life is managed to enhance productivity levels.
Funding Insights of Tru-Edge
| 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 Tru-Edge
Tru-Edge has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include MSC Industrial Supply. 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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Metalworking and MRO products and services are distributed nationwide.
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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 Tru-Edge
| 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 - Tru-Edge
| 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 |
Tru-Edge Comparisons
Competitors of Tru-Edge
| 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 Tru-Edge
When was Tru-Edge founded?
Tru-Edge was founded in 1996.
Where is Tru-Edge located?
Tru-Edge is headquartered in Saint Henry, United States. It is registered at Saint Henry, Ohio, United States.
What does Tru-Edge do?
Tru-Edge is involved in the design and manufacturing of custom crafted round tools, alongside offering specialized regrind programs. Services such as tool coating, engineering solutions, and comprehensive tool life management are provided to various industries. The company is focused on reducing cycle times, supply chain issues, and total costs by at least 30 through innovative solutions. Operations are supported by a certified Quality Management System, ensuring high standards across all processes.
What products or services does Tru-Edge offer?
Tru-Edge offers Custom Crafted Round Tools, Regrind Programs, and Tool Life Management.
Who are Tru-Edge's investors?
Tru-Edge has 1 investor. Key investors include MSC Industrial Supply.