Lightning Technologies (Michigan) Overview

  • Year Founded
  • 2015

Year Founded

  • Status
  • Out of Business

  • Employees
  • 60

Employees

  • Latest Deal Type
  • Out of Business

Lightning Technologies (Michigan) General Information

Description

Manufacturer of industrial pallets used for facilitating convenient shipping of various materials. The company by using its proprietary technologies has developed a virtually indestructible, lightweight, hygienic and fire-retardant pallet, that is hybrid coated, structurally engineered and embedded with a low-power wireless communication system that helps to track and monitor location, temperature, humidity and impact with certified carbon credit capability, enabling its users to ship food, pharmaceuticals and electronics sensitive items save against spoilage or vibration damage.

Contact Information

Website
www.lightningtechnologies.com
Ownership Status
Out of Business
Financing Status
Formerly PE-Backed
Corporate Office
  • 2171 Xcelsior Drive
  • Oxford, MI 48371
  • United States
+1 (586)
Primary Industry
Industrial Supplies and Parts
Vertical(s)
Advanced Manufacturing, Mobility Tech, Manufacturing, Internet of Things
Corporate Office
  • 2171 Xcelsior Drive
  • Oxford, MI 48371
  • United States
+1 (586)

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Lightning Technologies (Michigan) Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
6. Out of Business 15-Jul-2021 Completed Out of Business
5. Debt - PPP 06-May-2020 Completed Generating Revenue
4. PE Growth/Expansion 29-Aug-2019 Completed Generating Revenue
3. Debt - General Completed Generating Revenue
2. Early Stage VC (Series A) 12-Mar-2019 $54M $55M Completed Generating Revenue
1. Seed Round 10-Jun-2016 $1M $1M Completed Generating Revenue
To view Lightning Technologies (Michigan)’s complete valuation and funding history, request access »

Lightning Technologies (Michigan) Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Lightning Technologies (Michigan) FAQs

  • When was Lightning Technologies (Michigan) founded?

    Lightning Technologies (Michigan) was founded in 2015.

  • Where is Lightning Technologies (Michigan) headquartered?

    Lightning Technologies (Michigan) is headquartered in Oxford, MI.

  • What is the size of Lightning Technologies (Michigan)?

    Lightning Technologies (Michigan) has 60 total employees.

  • What industry is Lightning Technologies (Michigan) in?

    Lightning Technologies (Michigan)’s primary industry is Industrial Supplies and Parts.

  • Is Lightning Technologies (Michigan) a private or public company?

    Lightning Technologies (Michigan) is a Private company.

  • What is Lightning Technologies (Michigan)’s current revenue?

    The current revenue for Lightning Technologies (Michigan) is .

  • How much funding has Lightning Technologies (Michigan) raised over time?

    Lightning Technologies (Michigan) has raised $56M.

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