About TruRoad Holdings
TruRoad Holdings is a company based in Woburn (United States) founded in 2018 was acquired by Safelite in August 2019.. TruRoad Holdings has completed 2 acquisitions, including Hudson Valley Auto Glass and Portland Oregon Auto Glass. TruRoad Holdings operates in a competitive market with competitors including YourMechanic, RepairPal, Yoshi, Crash Champions and Openbay, among others.
- Headquarter Woburn, United States
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
*********
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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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Investments & Acquisitions
Hudson Valley Auto Glass
& 1 more
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Acquired by
Safelite
(Aug 19, 2019)
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Funding Insights of TruRoad Holdings
| 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 TruRoad Holdings
TruRoad Holdings has secured backing from 1 investor. Prominent investors backing the company include Safelite. 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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Automotive repair and maintenance services are provided for vehicles.
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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 TruRoad Holdings
TruRoad Holdings has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Hudson Valley Auto Glass and Portland Oregon Auto Glass. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Provider of auto glass repair services
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2010 | ||||
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Auto glass repair, service, and replacement are provided in Portland.
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1990 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - TruRoad Holdings
| 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 |
Truroad Holdings Comparisons
Competitors of TruRoad Holdings
TruRoad Holdings 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 YourMechanic, RepairPal, Yoshi, Crash Champions and Openbay, 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 |
On-demand vehicle maintenance and repairs are provided via mobile platform.
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| domain | founded_year | HQ Location |
Auto repair estimates and vetted mechanic directories are offered online.
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| domain | founded_year | HQ Location |
Mobile vehicle inspection and maintenance solutions are provided to fleets.
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| domain | founded_year | HQ Location |
Towing assistance, vehicle painting, and repair services are provided.
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| domain | founded_year | HQ Location |
Automotive repair services are aggregated via a mobile app platform.
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| domain | founded_year | HQ Location |
On-demand auto repair services are booked via a mobile app.
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| 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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Latest news on Truroad Holdings
Frequently Asked Questions about TruRoad Holdings
When was TruRoad Holdings founded?
TruRoad Holdings was founded in 2018.
Where is TruRoad Holdings located?
TruRoad Holdings is headquartered in Woburn, United States. It is registered at Woburn, Massachusetts, United States.
What does TruRoad Holdings do?
TruRoad Holdings was established in 2018 and operates from Woburn, United States, within the automotive repair sector. Services focused on vehicle maintenance and repairs are delivered through its domain truroad.com. Operations center on addressing common auto issues, including diagnostics and part replacements, primarily serving local and regional customers. The company maintains a straightforward approach to automotive care without expanding into unrelated areas.
Who are the top competitors of TruRoad Holdings?
How many acquisitions has TruRoad Holdings made?
TruRoad Holdings has made 2 acquisitions, including Hudson Valley Auto Glass, and Portland Oregon Auto Glass.
Who are TruRoad Holdings's investors?
TruRoad Holdings has 1 investor. Key investors include Safelite.