Auto Components · Michigan, India

Best Auto Components Companies in Michigan, United States

Updated 2026-06-18 · Ranked by funding & momentum

279 indexable Auto Components companies headquartered in Michigan, United States, ranked by total equity funding and recent funding momentum. Combined disclosed equity funding of $2.7B across 29 funded companies, including 1 unicorn.

279
Companies
$2.7B
Total Funding
29
Funded
1
Unicorns
0
Rounds (90d)

Ranked: Best Auto Components companies in Michigan

#CompanyFundingValuationStage Latest roundEmployeesFoundedMomentum
1 BorgWarner
Manufacturer of multiple automotive parts and accessories
$274.4M Acquired Grant (prize money) Mar 2025 5,809 1928 ↑ Active
2 One Unicorn
Manufacturer of battery cells, modules, and energy storage systems
$390M $1.2B
as of 2023
Series B Series B Sep 2023 157 2020
3 Challenge Manufacturing
Employee-owned automotive supplier delivering quality through innovation, growth, and dedication
$330M Funding Raised Conventional Debt Feb 2021 2,624 1981
4 Remora
Provider of carbon capture and revenue-sharing solutions for transportation
$5.6M Series A Series A Feb 2024 48 2020
5 Truck Hero
Premier online retailer for truck and automotive accessories and parts
$1B Acquired Conventional Debt May 2017 5,000 2007
6 Webasto
Manufacturer and supplier of automotive components
$667.9K Funding Raised Grant (prize money) Apr 2024 113 1986
7 Adduxi
Experts in complex plastic parts and assemblies for diverse industries
$48M Series B Grant (prize money) Jan 2022 34 1996
8 Delphi Technologies
Manufacturer and supplier of automotive parts to OEMs
$104.7M Acquired Grant (prize money) Sep 2017 50,000 1994
9 Mobex Global
Manufacturer of automotive fabrication parts
$150M Funding Raised Conventional Debt Sep 2018 1,500 1997
10 GT Technology
Manufacturer and supplier of automotive component
$27.9M Acquired Conventional Debt Dec 2021 223 1987
11 Adient
Manufacturer and supplier of seats to OEMs
$892.5K Public Grant (prize money) Aug 2023 1,202 2016
12 Cooper Standard
Global supplier of sealing, fluid handling systems, and material science solutions
$51.1M Acquired Conventional Debt Apr 2020 409 1960
13 GNS America
Automotive supplier specializing in hot and conventional stamped components and assemblies
$30M Funding Raised Conventional Debt Feb 2021 299 2009
14 Tower International
Manufacturer and supplier of body &chassis components to OEMs
$168.7K Acquired Grant (prize money) Mar 2024 5,700 1993
15 DURA Automotive Systems
Manufacturer and supplier of major auto components to OEMs, tier 1, tier 2 companies
$5M Acquired Conventional Debt Jul 2022 350 1914
16 Huron
Manufacturer of complex tubular assemblies and precision machined products for the automotive industry
$57.5M Acquired Conventional Debt Aug 2015 322 1943
17 Camaco
Provider of seat structures and mechanisms
$40M Funding Raised Conventional Debt Jul 2018 1997
18 Bridgewater Interiors
Automotive interiors manufacturer focused on quality, MBE leadership, and community impact
$40M Funding Raised Conventional Debt Aug 2017 2,102 1998
19 Roll-Rite
Manufacturer of automated tarp systems for trucks and trailers
$19.7M Acquired Unattributed Apr 2016 35 1991
20 Key Safety Systems
Manufacturer of automotive safety components and systems
$20M Acquired Series A Aug 2014 1,038 2003
21 Key Plastics
Manufacturer of injection-molded automotive components
$20M Acquired PE Feb 2009 3,700 1986
22 Aludyne
Manufacturer and supplier of automotive body & frame components
$613.9K Funding Raised Grant (prize money) Jan 2023 1,788 2013
23 Unique Fabricating
Automotive die-cut and molded parts fabricator to OEMs
$13.5M Public Conventional Debt Mar 2013 1975
24 Grede Holdings
Manufacturer of ductile, gray, and specialty iron castings for various industries
$12.2M Acquired Series B May 2010 3,800 2010
25 Inteva Products
Automotive supplier delivering innovative interior, closure, and motor & electronics systems
$312.9K Acquired Grant (prize money) Jun 2022 175 2008
26 3-Dimensional
Prototype & low-volume manufacturing: metal, plastic parts, and assembly
$2.2M Funding Raised Grant (prize money) Sep 2009 402 1992
27 Shape Corp
Global automotive supplier specializing in advanced roll forming and engineered solutions
$45.3K Funding Raised Grant (prize money) Dec 2022 2,211 1974
28 ElectroJet
Designs and manufactures aircraft electronic control systems
$788.6K Seed Seed Aug 2010 3 2001
29 Plasancarbon
Manufacturer of carbon fiber parts and assemblies for automotive OEMs
$175K Funding Raised Grant (prize money) May 2012 118 2008
30 Flex-N-Gate
Innovative automotive systems supplier delivering high-quality plastics, metals, lighting, and mechanical assemblies
Funding Raised Grant (prize money) Dec 2023 6,649 1956
31 Big Rapids Products
Metal stamping, forming, and assembly solutions for diverse industries
Funding Raised Grant (prize money) Aug 2023 236 1977
32 Lear Corporation
Manufacturer and supplier of major auto components
Public Grant (prize money) Apr 2023 5,571 1917
33 Maxion Wheels
Global leader in steel and aluminum wheels, shaping future mobility
Funding Raised Grant (prize money) Dec 2022 680 1908
34 Gentex
Manufacturer and supplier of electrical and electronic components to OEMs and aftermarket
Public Grant (prize money) Jul 2022 5,466 1974
35 Pi Innovo
Embedded control solutions for automotive and electric vehicle applications
Acquired Unattributed Oct 2020 61 1990
36 AG Manufacturing
Manufacturer and supplier of automotive electrical and electronic components
Funding Raised Conventional Debt Feb 2020 9 2004
37 Ventech LHG
Innovative heating solutions for diesel, electric vehicles, and thermal management
Late Stage PE Oct 2018 5 2003
38 Camaco
Manufacturer and supplier of seating systems
Funding Raised Jul 2018 800 1996
39 Gill
Automotive tech leader delivering advanced seating and E-Systems solutions globally
Funding Raised Conventional Debt May 2018 554 1964
40 American Axle & Manufacturing
Global automotive supplier delivering driveline, metal forming, and electrification technologies
Acquired PE Apr 2017 444 1917
41 ConForm Automotive
Interior trim systems provider for automotive and other industries
Late Stage PE Nov 2016 650 1979
42 Irvin Automotive
Manufacturer and supplier of interior components
Acquired Oct 2016 1922
43 Stoneridge
Vehicle safety and intelligence solutions provider, advancing mobility with technology
Public Post IPO Oct 2016 5,250 1965
44 Gentherm
Manufacturer and supplier of major auto components to aftermarket
Public Grant (prize money) Jul 2015 14,504 1960
45 Optrand
Fiber optic pressure sensors for high temperature applications
Funding Raised Grant (prize money) Apr 2014 1993
46 CTA Acoustics
Manufacturer and supplier of acoustical and thermal fibreglass insulated products to Tier 1, Tier 2 and OEMs
Acquired Jun 2004 600 1972
47 Autocam
Global precision component manufacturer providing machining, stamping, and metal plating solutions
Acquired PE 2000 2,100 1995
48 Plast-O-Foam
Manufacturer and supplier of automotive interior and exterior components
Funding Raised PE Feb 2000 74 1980
49 Federal Mogul Corporation
Transportation industry partner providing clean air, powertrain, and performance solutions
Acquired Conventional Debt Jun 1998 1,128 1899
50 aa gear & manufacturing inc.
AAG is a privately-held manufacturer that provides low-to-medium volume batch manufacturing for complex gear and shaft applications.
Acquired 100 1970

Top 12 Auto Components companies in Michigan

#1
BorgWarner Acquired
$274.4M Raised
expand_more
location_onAuburn Hills, Michigan
Founded
1928
Employees
5,809
Funding raised
$274.4M
Stage
Acquired

BorgWarner is a manufacturer and supplier of propulsion systems to OEMs and aftermarket companies. Manufactures ignition technology components, starters, alternators, thermal management systems, transmission technology components, electric boosting technology components, hybrid architecture, EV transmissions, electric drive motors, and electric drive modules for the automotive industry. In 2022, the company recorded

Funding rounds (10 disclosed of 10)
Round Date Amount
Grant (prize money) Mar 2025 $5M
Grant (prize money) Feb 2023 $1M
Grant (prize money) Jun 2022 $623.7K
Grant (prize money) Nov 2021 $225K
Grant (prize money) Jan 2021 $971.1K
Grant (prize money) Nov 2017 $789K
4 earlier rounds — sign up free
Tech stack
apple icloud mailchoicescloudflarecloudflare bot managementcookiebotdocusign+14
#2
One Unicorn Series B
$390M Raised
expand_more
location_onNovi, Michigan
Founded
2020
Employees
157
Funding raised
$390M
Valuation
$1.2B · 2023
Stage
Series B

Manufacturer of battery cells, modules, and energy storage systems. The company focuses on producing lithium iron phosphate battery technology for grid storage, rail, and defense applications. It offers cells engineered for demanding environments and fast charging capabilities. The company also provides battery management systems and pack solutions.

Funding rounds (3 disclosed of 4)
Round Date Amount
Series B Sep 2023 Undisclosed
Series B Feb 2023 $300M
Series A Mar 2022 $65M
Series A Oct 2021 $25M
Tech stack
amazon cloudfrontamazon s3amazon web servicesapple icloud mailcloudflaredatocms+9
#3
Challenge Manufacturing Funding Raised
$330M Raised
expand_more
location_onWalker, Michigan
Founded
1981
Employees
2,624
Funding raised
$330M
Stage
Funding Raised

Employee-owned automotive supplier delivering quality through innovation, growth, and dedication. The company is a leading Tier automotive supplier committed to operational excellence. They manufacture with a focus on empowering employee-owners and fostering a culture of collective dedication. Their capabilities include stamping, welding, and assembly processes, utilizing industrial robots. They prioritize safety, qu

Funding rounds (2 disclosed of 2)
Round Date Amount
Conventional Debt Feb 2021 $100M
Conventional Debt Mar 2015 $230M
Tech stack
anime.jsbootstrapcloudflarecloudflare bot managementfancyboxgoogle analytics+14
#4
Remora Series A
$5.6M Raised
expand_more
location_onWixom, Michigan
Founded
2020
Employees
48
Funding raised
$5.6M
Stage
Series A

Provider of carbon capture and revenue-sharing solutions for transportation. This company retrofits vehicles with zero-backpressure carbon capture technology. The system extracts and purifies carbon dioxide from exhaust, reducing pollutants and generating revenue by selling the purified CO2. Revenue is shared with vehicle operators, enabling a rapid return on investment. The captured CO2 is then transported and perma

Funding rounds (2 disclosed of 4)
Round Date Amount
Series A Feb 2024 Undisclosed
Series A 2023 Undisclosed
Seed Aug 2021 $5.5M
Seed Mar 2021 $125K
Founders & key people
Tech stack
apache http serverbluehostcart functionalitycdnjscloudflarecontact form 7+14
#5
Truck Hero Acquired
$1B Raised
expand_more
location_onAnn Arbor, Michigan
Founded
2007
Employees
5,000
Funding raised
$1B
Stage
Acquired

Premier online retailer for truck and automotive accessories and parts. It offers a vast selection of products to customize and enhance trucks and other vehicles. The company provides a wide array of accessories, including truck bed covers, steps, floor mats, liners, racks, carriers, bed liners, bumpers, seat covers, and tool boxes. It emphasizes customer service with real experts providing assistance. The website of

Funding rounds (1 disclosed of 3)
Round Date Amount
PE 2017 Undisclosed
Conventional Debt May 2017 $1B
Series A Mar 2014 Undisclosed
#6
Webasto Funding Raised
$667.9K Raised
expand_more
location_onFenton, Michigan
Founded
1986
Employees
113
Funding raised
$667.9K
Stage
Funding Raised

Manufacturer and supplier of automotive components

Funding rounds (12 disclosed of 12)
Round Date Amount
Grant (prize money) Apr 2024 $58K
Grant (prize money) Mar 2024 $87.6K
Grant (prize money) Mar 2024 $48.6K
Grant (prize money) Dec 2023 $48.9K
Grant (prize money) Oct 2023 $47.7K
Grant (prize money) Sep 2023 $59.6K
6 earlier rounds — sign up free
#7
Adduxi Series B
$48M Raised
expand_more
location_onRochester Hills, Michigan
Founded
1996
Employees
34
Funding raised
$48M
Stage
Series B

Experts in complex plastic parts and assemblies for diverse industries. A reliable industrial partner specializing in the development and supply of intricate plastic components and assemblies. They offer comprehensive support from product development to production launch, emphasizing cost-effectiveness and leveraging extensive employee expertise. Their focus is on state-of-the-art equipment, quality, and testing meth

Funding rounds (2 disclosed of 2)
Round Date Amount
Grant (prize money) Jan 2022 $860.1K
Series B 2015 $48M
Founders & key people
Tech stack
clipboard.jscontact form 7core-jsgoogle font apigoogle hosted librariesjquery+13
#8
$104.7M Raised
expand_more
location_onAuburn Hills, Michigan
Founded
1994
Employees
50,000
Funding raised
$104.7M
Stage
Acquired

Delphi Automotive is a leading global supplier of mobile electronics and transportation systems, including powertrain, safety, steering, thermal, and controls & security systems, electrical/electronic architecture, and in-car entertainment technologies.

Funding rounds (13 disclosed of 13)
Round Date Amount
Grant (prize money) Sep 2017 $1.1M
Grant (prize money) Jun 2017 $1M
Grant (prize money) Oct 2016 $35.1K
Grant (prize money) Nov 2015 $275.6K
Grant (prize money) May 2015 $728.7K
Grant (prize money) Jun 2014 $4.7M
7 earlier rounds — sign up free
Founders & key people
Tech stack
zurb foundationmicrosoft asp.netjquery migratejquerygoogle tag managercookiebot+5
#9
Mobex Global Funding Raised
$150M Raised
expand_more
location_onSouthfield, Michigan
Founded
1997
Employees
1,500
Funding raised
$150M
Stage
Funding Raised

Manufacturer of automotive fabrication parts

Funding rounds (1 disclosed of 1)
Round Date Amount
Conventional Debt Sep 2018 $150M
#10
GT Technology Acquired
$27.9M Raised
expand_more
location_onWestland, Michigan
Founded
1987
Employees
223
Funding raised
$27.9M
Stage
Acquired

GT Technology is a manufacturer and supplier of the automotive component. Manufactures valve train assemblies, rocker arms for most valvetrain, cam follower and hydraulic lash adjusters, cam follower roller and adjusters for gas and diesel engines.

Funding rounds (1 disclosed of 2)
Round Date Amount
Conventional Debt Dec 2021 $27.9M
PE Oct 2009 Undisclosed
Tech stack
bootstrapcdnjscloudflarecloudflare bot managementgoogle analyticsgoogle font api+14
#11
Adient Public
$892.5K Raised
expand_more
location_onPlymouth, Michigan
Founded
2016
Employees
1,202
Funding raised
$892.5K
Stage
Public

Adient (a spinoff from Johnson Controls Inc.) is a global organization focused on producing & supplying automotive seats and related components to OEMs. The company designs and manufactures a range of full seating systems, seat frames, seat trim, headrests, armrests and seat bolsters for passenger cars, commercial vehicles, and light trucks. In September 2017, it acquired Michigan-based automotive seat manufacturer F

Funding rounds (7 disclosed of 9)
Round Date Amount
Grant (prize money) Aug 2023 Undisclosed
Grant (prize money) Jul 2023 Undisclosed
Grant (prize money) Jun 2023 $13.1K
Grant (prize money) Apr 2023 $26.1K
Grant (prize money) Apr 2023 $21.3K
Grant (prize money) Jan 2023 $280.2K
3 earlier rounds — sign up free
Tech stack
amazon albamazon sesamazon web servicesapache http serverbootstrapcloudflare+14
#12
Cooper Standard Acquired
$51.1M Raised
expand_more
location_onNovi, Michigan
Founded
1960
Employees
409
Funding raised
$51.1M
Stage
Acquired

Global supplier of sealing, fluid handling systems, and material science solutions, delivering engineered solutions for transportation and industrial markets. Leveraging expertise in material science and manufacturing, the company focuses on breakthrough technology innovations to meet evolving customer needs. It offers a diverse range of products, including sealing systems, fluid transfer systems, and custom extrusio

Tech stack
adobe analyticsadobe experience platform identity serviceadobe experience platform launchamazon cloudfrontamazon web servicesangularjs+14

Recent signals in Michigan Auto Components

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Funding & investor landscape

Total raised
$2.7B
across these companies
Companies funded
29
with disclosed funding
Highest-funded
$1B raised

Most active investors

Europa Europa 6 investments in Auto Components OSTI OSTI 5 investments in Auto Components Economy And Finance Economy And Finance 4 investments in Auto Components Black Diamond Capital Management Black Diamond Capital Management 3 investments in Auto Components Gov.cz Gov.cz 3 investments in Auto Components Huntington National Bank Huntington National Bank 3 investments in Auto Components Ministerstvo Hospodárstva Slovenskej Republiky Ministerstvo Hospodárstva Slovenskej Republiky 3 investments in Auto Components The Carlyle Group The Carlyle Group 3 investments in Auto Components American Securities American Securities 2 investments in Auto Components CPP Investments CPP Investments 2 investments in Auto Components Hampstead Park Capital Management Hampstead Park Capital Management 2 investments in Auto Components Michigan Economic Development Michigan Economic Development 2 investments in Auto Components

Notable founders in Michigan Auto Components

Mujeeb Ijaz Mujeeb Ijaz Founder & CEO One · $390M raised
JS Joel Scheffler CEO & President Challenge Manufacturing · $330M raised
Paul Gross Paul Gross Co-Founder & CEO Remora · $5.6M raised
XO Xavier Ovize CEO Adduxi · $48M raised
WK Wes Kussmaul Founder Delphi Technologies · $104.7M raised
BM Bruce McDonald Chairman & CEO Adient · $892.5K raised
JE Jeffrey Edwards Chairman & CEO Cooper Standard · $51.1M raised
MP Malmhagen Pelle CEO & President Tower International · $168.7K raised
AP Arvind Pradhan CEO Camaco · $40M raised
RH Ronald Hall CEO & President Bridgewater Interiors · $40M raised
BP Bill Pumphrey CEO Aludyne · $613.9K raised

Frequently asked questions

How many Auto Components companies are there in Michigan, United States?
Radar tracks 279 indexable Auto Components companies headquartered in Michigan, United States that meet our profile-completeness bar.
What is the total funding raised by Auto Components companies in Michigan, United States?
The Auto Components companies in Michigan, United States on this list have raised a combined $2.7B in disclosed equity funding across 29 funded companies.
Which is the highest-funded Auto Components company in Michigan, United States?
Truck Hero is the highest-funded Auto Components company in Michigan, United States, with $1B in disclosed equity funding.
How many Auto Components companies in Michigan, United States are funded?
29 of the 279 Auto Components companies in Michigan, United States on this list have disclosed at least one equity funding round.
How many Auto Components unicorns are there in Michigan, United States?
1 Auto Components company in Michigan, United States on this list is valued at $1B or more.
Who are the top investors in Michigan, United States Auto Components companies?
The most active investors in Michigan, United States Auto Components companies on this list include Europa, OSTI, Economy And Finance, Black Diamond Capital Management, Gov.cz.

Rankings are computed by Radar (Fliar BI) from the Radar company master and are updated periodically. Funding and momentum scores use disclosed equity-funding data only. Figures may lag private rounds. Last updated 2026-06-18.

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