About WireCo
WireCo is a company based in Prairie Village (United States) founded in 1803.. WireCo has raised $61.66 million across 3 funding rounds. WireCo has completed 2 acquisitions, including DRUMET and Endenburg. WireCo offers products and services including Steel Ropes and Synthetic Ropes.
- Headquarter Prairie Village, United States
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Phone
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Website
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Social
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- Legal Name Wireco, Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$61.66 M (USD)
in 3 rounds
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Latest Funding Round
$58.62 M (USD), Series C
Feb 13, 2018
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Investors
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Employee Count
Employee Count
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Investments & Acquisitions
DRUMET
& 1 more
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Products & Services of WireCo
WireCo offers a comprehensive portfolio of products and services, including Steel Ropes and Synthetic Ropes. 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.
Steel ropes are supplied for applications in cranes and hoisting, where they are utilized to ensure durability and safety in demanding environments.
Synthetic ropes are provided for specialized uses in sectors like maritime and fishing, where they are employed to meet performance requirements.
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Software Development Team
14 people
Leadership Team
9 people
Human Resources and Administration
8 people
Product Management Team
6 people
Finance and Accounting
3 people
Customer Team
2 people
Operations Team
2 people
Sales and Marketing
2 people
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Funding Insights of WireCo
WireCo has successfully raised a total of $61.66M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $58.62 million completed in February 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series C — $58.6M
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First Round
First Round
(21 Feb 2017)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2018 | Amount | Series C - WireCo | Valuation |
investors |
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| Jun, 2017 | Amount | Series A - WireCo | Valuation |
investors |
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| Feb, 2017 | Amount | Series A - WireCo | Valuation |
investors |
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| 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 |
Investments & Acquisitions by WireCo
WireCo has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include DRUMET and Endenburg. 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
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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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Steel wires and ropes are manufactured by DRUMET in Poland.
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1895 | ||||
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Hoisting and lifting equipment is supplied for industrial use.
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1855 |
| 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.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - WireCo
| 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 |
Wireco Comparisons
Competitors of WireCo
| 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 WireCo
When was WireCo founded?
WireCo was founded in 1803 and raised its 1st funding round 214 years after it was founded.
Where is WireCo located?
WireCo is headquartered in Prairie Village, United States. It is registered at Prairie Village, Kansas, United States.
Is WireCo a funded company?
WireCo is a funded company, having raised a total of $61.66M across 3 funding rounds to date. The company's 1st funding round was a Series A of $2.35M, raised on Feb 21, 2017.
What does WireCo do?
WireCo was founded in 1803 and is headquartered in Prairie Village, United States. Wire rope and related assemblies are produced, alongside electro-mechanical cables, within the industrial manufacturing sector. Distribution networks support applications in rigging, lifting, and mechanical systems across multiple industries. Operations emphasize precision engineering for durable cabling solutions, with logistics centered in the U.S. for domestic and international reach.
What products or services does WireCo offer?
WireCo offers Steel Ropes and Synthetic Ropes.