- Revenue potential
- Leadership team
- Brand/product traction
- Competitive landscape
Additionally, all companies must be independent (unacquired), privately owned, at most 10 years old, and have received at least one round of funding in order to qualify.
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“Our success at Toolots stems from our unique, online marketplace for industrial equipment, parts, and supplies. Our concept centers around emulating the most popular online marketplaces, such as Amazon and Aliexpress, but with an exclusive focus on the industrial product sector. This model allows our company the freedom of access and variety in the manufacturing community without sacrificing quality. Currently, Toolots.com showcases the best industrial hardware from both the U.S. and China with plans to expand into the global market.”