When was Rapid Electronics founded?

Rapid Electronics was founded in 1979.

Where is Rapid Electronics located?

Rapid Electronics is headquartered in Colchester, United Kingdom.

How many employees does Rapid Electronics have?

As of Jan 31, 2021, the latest employee count at Rapid Electronics is 114.

Is Rapid Electronics a funded company?

Rapid Electronics is a funded company, having raised a total of $***** in its 1st and only funding round.

Where does Rapid Electronics rank among its competitors?

Rapid Electronics ranks 4th amongst 16 active competitors, none of which are funded.

Who are the top competitors of Rapid Electronics?

Rapid Electronics' top competitors include Distrelec, PASS Thermal and OKdo. Among them, Distrelec secured the most recent funding round in June, 2017.

Rapid Electronics - 2026 Company Profile, Team, Competitors & Financials

Rapid Electronics is an acquired company based in Colchester (United Kingdom), founded in 1979 by Ray Bolte. It operates as a Distributors of electronic and electrical components. The company has 16 active competitors, including 4 that have exited. Its top competitors include companies like Distrelec, PASS Thermal and OKdo.

Company Details

Rapid Electronics is a distributor of electronic and electrical components. It offers more than 65000 products electrical parts like capacitors, cables, connectors and tools, educational resources etc as of September 2016. It works with brands like 3M, Sealey Tools, Bosch, Duracell, Fluke, ABB, CamdenBoss, Hammond, etc. It sells through its own website and sales team supported by100,000 sq ft facility. It was shortlisted for of Distributor of the Year at the Elektra European Electronics Industry Awards in 2015.

Website: www.rapidonline.com/
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Email ID: *****@rapidonline.com

Key Metrics

Founded Year

1979

Location

Colchester, United Kingdom

Stage

Acquired

Ranked

4^th among 16 active competitors

Employee Count

114 as on Jan 31, 2021

Similar Companies

Sonepar & 221 more

Exit Details

Acquired by Conrad.com (Jul 18, 2013)

View Rapid Electronics' full profile

Rapid Electronics is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
RAPID ELECTRONICS LIMITED CIN: 1509592 , Germany, Active	Jul 27, 1980	-	114 (As on Jan 31, 2021)

Rapid Electronics got acquired by Conrad.com on Jul 18, 2013.

Click here to take a look at Rapid Electronics's acquisition in detail

Rapid Electronics has not raised any funding rounds yet.

The founders of Rapid Electronics is Ray Bolte.

Here are the details of Rapid Electronics' key team members:

Ray Bolte: Founder of Rapid Electronics.

View details of Rapid Electronics's Founder profiles and Board Members

Rapid Electronics' employee count trend

Rapid Electronics has 114 employees as of Jan 21. Here is Rapid Electronics's employee count trend over the years:

Employee count trend for Rapid Electronics

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Top competitors of Rapid Electronics include Distrelec, PASS Thermal and OKdo. Here is the list of Top 10 competitors of Rapid Electronics, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Distrelec 1973, Nanikon (Switzerland), Acquired	Online Distributor of electronic and technical products	-	Europa	50/100
2nd	PASS Thermal 2001, Thornaby (United Kingdom), Unfunded	Online supplier of thermal imaging cameras and accessories	-	-	38/100
3rd	OKdo 2001, London (United Kingdom), Unfunded	Manufacturer and distributor of electronic components	-	-	36/100
4th	Rapid Electronics 1979, Colchester (United Kingdom), Acquired	Distributors of electronic and electrical components	-	-	32/100
5th	Leengate Valves 1985, United Kingdom, Acquired	Online distributor of valves	-	-	31/100
6th	Gil-Lec 1985, Chesham (United Kingdom), Public	Provider of electrical wholesale products and related training and support	-	-	24/100
7th	Birco Electrical 2016, Birmingham (United Kingdom), Unfunded	e-Distributor of electrical products	-	-	24/100
8th	ERF Electrical 1967, Nottingham (United Kingdom), Unfunded	Online supplier of electrical components	-	-	22/100
9th	Denmans 1946, Bristol (United Kingdom), Unfunded	E-distributor of electrical supplies	-	-	21/100
10th	Sole Heat 2014, Manchester (United Kingdom), Unfunded	Online retailer of underfloor heating kits, manifolds, and plumbing supplies	-	-	20/100