About Tyroola
Tyroola is a company based in Sydney (Australia) founded in 2014 was acquired by Michelin in January 2024.. Tyroola offers products and services including Online Tire Sales, Fitting Services, and Vehicle Inspections. Tyroola operates in a competitive market with competitors including TyreStock, Tyreright, Direct Wholesale Tyres, Tyresales and International Tyre Trader, among others.
- Headquarter Sydney, Australia
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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 Tyroola Pty Ltd
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Products & Services of Tyroola
Tyroola offers a comprehensive portfolio of products and services, including Online Tire Sales, Fitting Services, and Vehicle Inspections. 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.
Service for purchasing and comparing tire brands online
Arranging delivery and installation of tires at local stations
Professional checks for vehicle safety and compliance
Funding Insights of Tyroola
| 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 Tyroola
Tyroola has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Michelin. 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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Composites, tires, and components are manufactured for diverse industries.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Tyroola
| 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 - Tyroola
| 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 |
Tyroola Comparisons
Competitors of Tyroola
Tyroola 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 TyreStock, Tyreright, Direct Wholesale Tyres, Tyresales and International Tyre Trader, 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 |
An online B2B2C store specializing in tyre sales and distribution.
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Operates an e-commerce store specializing in automotive tyres.
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| domain | founded_year | HQ Location |
Wholesales truck, car, SUV, and 4x4 tyres with fitting services.
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Online platform for buying tyres, comparing brands, and arranging delivery.
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| domain | founded_year | HQ Location |
Manages an e-commerce store for automotive tyres and related products.
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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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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 Tyroola
Frequently Asked Questions about Tyroola
When was Tyroola founded?
Tyroola was founded in 2014.
Where is Tyroola located?
Tyroola is headquartered in Sydney, Australia. It is registered at Sydney, New South Wales, Australia.
What does Tyroola do?
Tyroola was founded in 2014 in Sydney, Australia, and functions as an online marketplace within the automotive sector. A variety of tyres, including premium, value, and budget options from brands such as Bridgestone, Michelin, Continental, Pirelli, Goodyear, Dunlop, Kumho, and Toyo, is listed on the platform. Searches can be conducted by tyre size or brand. Delivery services to homes and fitting partners are available across Australia.
Who are the top competitors of Tyroola?
Tyroola's top competitors include TyreStock, Tyreright and Direct Wholesale Tyres.
What products or services does Tyroola offer?
Tyroola offers Online Tire Sales, Fitting Services, and Vehicle Inspections.
Who are Tyroola's investors?
Tyroola has 1 investor. Key investors include Michelin.