About Walker Magnet
Walker Magnet is a company based in Worcester (United States) founded in 1997 by John Engelsted was acquired by Industrial Magnetics in February 2021.. The company has 70 employees as of December 31, 2022.
- Headquarter Worcester, United States
- Employees 70 as on 31 Dec, 2022
- Founders John Engelsted
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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
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Investors
Industrial Magnetics
& 1 more
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Employee Count
70
as on Dec 31, 2022
- Acquired by
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Funding Insights of Walker Magnet
| 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 Walker Magnet
Walker Magnet has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Industrial Magnetics and Alliance Holdings. 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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A private investment firm based in Horsham, United States.
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Founded Year | Domain | Location | |
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Industrial magnetic components and systems are supplied to manufacturing sectors.
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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 Walker Magnet
| 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 - Walker Magnet
| 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 |
Walker Magnet Comparisons
Competitors of Walker Magnet
| 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 Walker Magnet
When was Walker Magnet founded?
Walker Magnet was founded in 1997.
Where is Walker Magnet located?
Walker Magnet is headquartered in Worcester, United States. It is registered at Worcester, Massachusetts, United States.
Who is the current CEO of Walker Magnet?
Walker Magnet is the current CEO of Walker Magnet.
How many employees does Walker Magnet have?
As of Dec 31, 2022, the latest employee count at Walker Magnet is 70.
What does Walker Magnet do?
Walker Magnet was founded in 1997 and is based in Worcester, United States. Operations focus on the production and supply of industrial magnets, including lifting, scrap, separation, and work holding varieties. These magnets are applied in handling materials such as bar stock, billets, bundles, coils, hot items, plates, radioactive substances, rails, scrap, slabs, slag, and structural elements within the manufacturing sector.
Who are Walker Magnet's investors?
Walker Magnet has 2 investors. Key investors include Industrial Magnetics, and Alliance Holdings.