About United Road Towing
United Road Towing is a company based in Mokena (United States) founded in 2005 was acquired by Mill Point Capital in July 2022.. The company has 493 employees as of December 31, 2015. United Road Towing offers products and services including Dispatch Service, Vehicle Storage, Traffic Incident Management, and Technology Platform. United Road Towing operates in a competitive market with competitors including Urgently, HONK Technologies, EasyCare, INFINITI USA and BG Products, among others.
- Headquarter Mokena, United States
- Employees 493 as on 31 Dec, 2015
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
*********
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Social
*********
- Legal Name United Road Towing, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$44 M (USD), Debt – Conventional
Feb 07, 2008
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Investors
Ares Capital Corporation
& 3 more
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Employee Count
493
as on Dec 31, 2015
- Acquired by
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Products & Services of United Road Towing
United Road Towing offers a comprehensive portfolio of products and services, including Dispatch Service, Vehicle Storage, Traffic Incident Management, and Technology Platform. 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.
Handles vehicle dispatch for efficient transportation management.
Provides secure storage solutions for vehicles and assets.
Manages traffic incidents to ensure safety and operations.
Offers tools for vehicle management and service integration.
Funding Insights of United Road Towing
- Total Funding Total Funding
- Total Rounds 1
- Last Round Debt – Conventional — $44.0M
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First Round
First Round
(07 Feb 2008)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2008 | Amount | Debt – Conventional - United Road Towing | Valuation |
investors |
| 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 United Road Towing
United Road Towing has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Ares Capital Corporation, Mill Point Capital and Milestone Partners. 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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Private equity and debt investments are managed for businesses.
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Founded Year | Domain | Location | |
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Mill Point Capital is focused on private equity investments.
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Founded Year | Domain | Location | |
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Milestone Partners is engaged in private equity investments.
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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 United Road Towing
| 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 - United Road Towing
| 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 |
United Road Towing Comparisons
Competitors of United Road Towing
United Road Towing 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 Urgently, HONK Technologies, EasyCare, INFINITI USA and BG Products, 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 |
Online platform to book on demand car repair and roadside assistance services
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| domain | founded_year | HQ Location |
App-based platform that provides roadside assistance services
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| domain | founded_year | HQ Location |
Vehicle service contracts and automotive protection products are provided.
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| domain | founded_year | HQ Location |
Tire maintenance, roadside assistance, and oil exchange services are provided.
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| domain | founded_year | HQ Location |
Provider of vehicle & parts maintenance services
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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 United Road Towing
Frequently Asked Questions about United Road Towing
When was United Road Towing founded?
United Road Towing was founded in 2005 and raised its 1st funding round 3 years after it was founded.
Where is United Road Towing located?
United Road Towing is headquartered in Mokena, United States. It is registered at Mokena, Illinois, United States.
Who is the current CEO of United Road Towing?
Jerry Corcoran is the current CEO of United Road Towing.
How many employees does United Road Towing have?
As of Dec 31, 2015, the latest employee count at United Road Towing is 493.
What does United Road Towing do?
United Road Towing was established in 2005 and is headquartered in Mokena, United States. Operations focus on the transportation sector, where specialized towing and recovery services for equipment are handled. These services support various industries by ensuring safe and efficient recovery of heavy machinery and vehicles. The company is led by CEO Jerry Corcoran, with activities centered in the Midwest region while extending to national coverage as needed.
Who are the top competitors of United Road Towing?
United Road Towing's top competitors include Urgently, INFINITI USA and HONK Technologies.
What products or services does United Road Towing offer?
United Road Towing offers Dispatch Service, Vehicle Storage, Traffic Incident Management, and Technology Platform.
Who are United Road Towing's investors?
United Road Towing has 4 investors. Key investors include Ares Capital Corporation, Mill Point Capital, Milestone Partners, and Medley Capital Corp.