About 3M
3M is a company based in United States founded in 1902 by William A Mcgonagle, Henry Bryan, John Dwan, and Hermon W Cable. It operates as a Reseller / Distribution, Direct-to-Consumer (D2C), and Professional Services. The company has 74 employees as of April 04, 2024. 3M has completed 58 acquisitions, including Abzil Industry and Commerce, Acelity and Acolyte Biomedica. 3M offers products and services including Abrasives, Adhesives and Sealants, Personal Protective Equipment, and Window Films.
- Headquarter United States
- Employees 74 as on 04 Apr, 2024
- Founders William A Mcgonagle, Henry Bryan, John Dwan, Hermon W Cable
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Sectors
Industrial Goods & ManufacturingTechnology Consumer
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Email
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Phone
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Website
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Social
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- Legal Name 3M Company
- Date of Incorporation 27 Jul, 1989
- Jurisdiction Pondicherry, Pondicherry, India
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Annual Revenue
$34.96 M (USD)9.16as on Mar 31, 2023
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Net Profit
$4.22 M (USD)504.84as on Mar 31, 2023
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EBITDA
$5.17 M (USD)563.86as on Mar 31, 2023
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Latest Funding Round
$65.2 K (USD), Grant
Jan 20, 2024
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Investors
NASA
& 4 more
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Employee Count
74
as on Apr 04, 2024
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Investments & Acquisitions
Abzil Industry and Commerce
& 57 more
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Products & Services of 3M
3M offers a comprehensive portfolio of products and services, including Abrasives, Adhesives and Sealants, Personal Protective Equipment, and Window Films. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Abrasives are provided for industrial grinding and finishing.
Adhesives and sealants are offered for bonding applications.
Protective equipment is designed for worker safety needs.
Window films are created for energy efficiency solutions.
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Software Development Team
172 people
Sales and Marketing
127 people
Leadership Team
118 people
Global Team
43 people
Product Management Team
32 people
Human Resources and Administration
31 people
Finance and Accounting
26 people
Legal and Compliance
26 people
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Funding Insights of 3M
- Total Funding Total Funding
- Total Rounds 30
- Last Round Grant — $65,199
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First Round
First Round
(23 Mar 2007)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2024 | Amount | Grant - 3M | Valuation |
investors |
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| Jan, 2024 | Amount | Grant - 3M | Valuation |
investors |
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| Mar, 2023 | Amount | Grant - 3M | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in 3M
3M has secured backing from 5 investors, including institutional investors. Prominent investors backing the company include NASA, U.S. Department of Transportation and European Union. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location | |
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Scientific and technical information is managed and disseminated by OSTI.GOV.
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Founded Year | Domain | Location | |
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Transportation website for planning and coordinating federal transportation projects
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by 3M
3M has strategically engaged in corporate development activities, having acquired 58 companies. Notable acquisitions include Abzil Industry and Commerce, Acelity and Acolyte Biomedica. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Security document scanning solutions are provided by RTE.
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2018 | ||||
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General specialty hospital services are provided in Santiago, Chile.
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2017 | ||||
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Food allergen testing services are provided to clients.
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2012 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - 3M
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
3M Comparisons
Competitors of 3M
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about 3M
When was 3M founded?
3M was founded in 1902 and raised its 1st funding round 105 years after it was founded.
Where is 3M located?
3M is headquartered in United States.
How many employees does 3M have?
As of Apr 04, 2024, the latest employee count at 3M is 74.
What is the annual revenue of 3M?
Annual revenue of 3M is $34.96M as on Mar 31, 2023.
What does 3M do?
3M is established as a diversified industrial conglomerate operating across multiple sectors including automotive, electronics, energy, safety, and consumer markets. Solutions are developed to address challenges in manufacturing, construction, and transportation industries. Advanced materials, adhesives, abrasives, and personal protective equipment are provided to enhance efficiency and safety. Innovation is applied to create sustainable and transformative technologies for global clients.
What products or services does 3M offer?
3M offers Abrasives, Adhesives and Sealants, Personal Protective Equipment, and Window Films.
How many acquisitions has 3M made?
3M has made 58 acquisitions, including Abzil Industry and Commerce, Acelity, and Acolyte Biomedica.
Who are 3M's investors?
3M has 5 investors. Key investors include NASA, U.S. Department of Transportation, European Union, OSTI.GOV, and Military Health.
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