Orchid - About the company
Orchid is an acquired company based in Monroe (United States), founded in 1956. It operates as a Manufacturer and supplier of electric motors and transformers. Orchid has raised an undisclosed amount in funding. The company has 54 active competitors, including 9 funded and 7 that have exited. Its top competitors include companies like VisIC Tech, Zhenqu Technology and Exro.
Company Details
Orchid is a manufacturer and supplier of electric motors and transformers for various industries. It caters to various markets such as transportation, aviation, automotive, military, heavy equipment, and medical. It is a supplier of electromagnetic stampings for lighting and transformers, and drive rotor and stator assemblies for electric vehicle traction motors and power generation applications. Advanced processes offered by Orchid include precision steel slitting services, high speed lamination stamping, high pressure aluminum die casting, robotic welding, annealing, and complex assembly capabilities.
- Website
- orchidinternational.com
- Registered Address
- Monroe, Wisconsin
Key Metrics
Founded Year
1956
Location
Monroe, United States
Stage
Acquired
Latest Funding Round
Investors
Ranked
12th among 54 active competitors
Employee Count
93 as on Dec 31, 2022
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by UPG (Aug 03, 2022)
Legal entities associated with Orchid
Orchid is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
ORCHID MONROE, LLC CIN: 200470136 , United States, Active | Dec 26, 999 | - | 93 (As on Dec 31, 2022) | - |
Orchid's acquisition details
Orchid got acquired by UPG on Aug 03, 2022.
Click here to take a look at Orchid's acquisition in detail
Sign up to download Orchid's company profile
Orchid's funding and investors
Orchid has raised funding over 1 round. Its latest funding round was a Conventional Debt round on Feb 2017 for $*****. 1 investor participated in its latest round. Orchid has 2 institutional investors.
Here is the list of recent funding rounds of Orchid:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 2017 | 7456296 | Conventional Debt | 6827360 | 6111461 | 7374045 | 7874844 |
View details of Orchid's funding rounds and investors
Orchid's founders and board of directors
Founder? Claim ProfileOrchid's employee count trend
Orchid has 93 employees as of Dec 22. The total employee count is 1.0% lower than what it was in Dec 21. Here is Orchid's employee count trend over the years:
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
Orchid's Competitors and alternates
Top competitors of Orchid include VisIC Tech, Zhenqu Technology and Exro. Here is the list of Top 10 competitors of Orchid, ranked by Tracxn score:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | VisIC Tech 2010, Rehovot (Israel), Public | Developer of GaN power semiconductors for electric vehicle and industrial applications | $92.6M | 64/100 | |
2nd | Zhenqu Technology 2017, Pudong (China), Series E | Manufacturer of automotive-certified power modules and electric vehicle solutions | $236M | 56/100 | |
3rd | Developer of power control system technologies for electric vehicles and storage | $313K | 53/100 | ||
4th | Webber ElectroCorp 2019, Pune (India), Seed | Manufacturer of battery management systems and controllers for electric vehicles | $1.12M | 49/100 | |
5th | Manufacturer of power electronic devices and equipment for public transportation | - | - | 44/100 | |
6th | Solterra Technologies 2022, Ghaziabad (India), Unfunded | Manufacturer of electric vehicle charging components and power electronic systems | - | - | 43/100 |
7th | Shanghai Dajun Power Control Technology 2005, Minhang (China), Series A | Manufacturer of electric motors and controllers for EVs | $20M | 40/100 | |
8th | Guangzhou Daxiang Technology Development 2014, Guangzhou (China), Unfunded | Developer of motor kits for multi-category electric vehicles | - | - | 37/100 |
9th | Sevcon 1962, Newcastle Upon Tyne (United Kingdom), Acquired | Developer of power electronics for electric vehicles | $10.2M | - | 35/100 |
10th | zinsight Technology 2019, Nanjing (China), Series B | Manufacturer of electric drive systems and silicon carbide semiconductor devices | $13.9M | 35/100 | |
12th | Orchid 1956, Monroe (United States), Acquired | Manufacturer and supplier of electric motors and transformers | - | 31/100 |
Looking for more details on Orchid's competitors? Click here to see the top ones
Orchid's Investments and acquisitions
Orchid has acquired 2 companies including Carter Motor Company and Reininger. Orchid has not made any investments as of now.Reports related to Orchid
Here is the latest report on Orchid's sector:
News related to Orchid
•
UPG Enterprises Acquires Electrical Engineering Solutions Company Orchid MonroePR Newswire•Aug 01, 2022•Orchid, UPG
•
A Game Changer – Carter Motor Company Joins Orchid MonroeMagnetics•May 21, 2020•Orchid, Carter Motor Company
•
•
•
Are you a Founder ?
FAQs about Orchid
Explore our recently published companies
- Marketing Agency - Deptford based, 2020 founded, Unfunded company
- Aquiyel Services - Houston based, 2020 founded, Public company
- B2clogin.com - 2017 founded, Unfunded company
- Compose Finance - Warsaw based, 2024 founded, Unfunded company
- Bubbls - United Kingdom based, Unfunded company
- TedhiMedhi Family - India based, Unfunded company