Caverion

Vantaa, Finland Founded: 1912 • Age: 114 yrs Acquired By YIT
Caverion is engaged in building performance and facility management.
Annual revenue - Latest available
Total funding - 16 rounds
Employees - Tracked headcount
Investors 3 Known backers
Products 3 Services tracked
Competitors - Brand Intelligence

About Caverion

Caverion is a company based in Vantaa (Finland) founded in 1912 was acquired by YIT in June 2010. It operates as a Managed Services and Professional Services. Caverion has completed 15 acquisitions, including CS electric, Gunderlund and Jetitek. Caverion offers products and services including Technical Facility Management, Industrial Maintenance, and Energy Smart Solutions.

  • Headquarter Vantaa, Finland
  • Stage Public
  • Sectors
    Business Services
    Energy & Utilities
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Caverion Corporation
Operational Areas
Business Services → Event, Translation & Local Services
Energy & Utilities → Renewable & Clean Energy
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $161.53 K (USD), Grant

    Oct 01, 2023

  • Investors
    YIT

    & 2 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
    CS electric

    & 14 more

  • Acquired by
    YIT

    (Jun 23, 2010)

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Products & Services of Caverion

Caverion offers a comprehensive portfolio of products and services, including Technical Facility Management, Industrial Maintenance, and Energy Smart Solutions.

Primary

Technical maintenance for buildings is provided by experts.

Industrial maintenance services are offered for various sectors.

Energy optimization solutions are delivered for sustainable performance.

People of Caverion

Headcount 10-50
Employee Profiles 129
Employee Profiles
People
Soili Hilli
Human Resources Development Manager
People
Mikko Pulli
Sales Development Manager
People
Minna Pakarinen
HR Business Partner
People
Camilla Myllerup
HR Business Partner

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Funding Insights of Caverion

  • Total Funding
  • Total Rounds 16
  • Last Round Grant — $161,526
  • First Round
  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2023 Amount Grant - Caverion Valuation

investors

Jan, 2023 Amount Post-IPO - Caverion Valuation

investors

Nov, 2020 Amount Grant - Caverion Valuation

investors

Investors in Caverion

Caverion has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include YIT, European Union and Crayfish Bidco.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
-
Founded Year Domain Location
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
Founded Year Domain Location
Residential, commercial, and infrastructure development services are provided globally.
Founded Year Domain Location

Investments & Acquisitions by Caverion

Caverion has strategically engaged in corporate development activities, having acquired 15 companies. Notable acquisitions include CS electric, Gunderlund and Jetitek.

Investments
Acquisitions
Company Name Description Domain Location Founded Year Amount
Residential ventilation, plumbing, and cooling services are provided.
2017
Heat pumps and refrigeration services are provided in Norway.
2016
Project planning, industry services, and property management are provided.
2013

Financial Statements - Caverion

Caverion Comparisons

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Competitors of Caverion

Latest news on Caverion

Frequently Asked Questions about Caverion

Caverion was founded in 1912 and raised its 1st funding round 102 years after it was founded.

Caverion is headquartered in Vantaa, Finland.

Ari Lehtoranta is the current CEO of Caverion.

Caverion is involved in providing technical facility management, industrial maintenance, and energy-smart solutions across Northern Europe. Services are offered in sectors like critical infrastructure, data centers, and property management. Sustainable and innovative solutions are developed to enhance building performance and support clients environmental goals. Operations span multiple countries with a focus on smart technologies and lifecycle management.

Caverion offers Technical Facility Management, Industrial Maintenance, and Energy Smart Solutions.

Caverion has made 15 acquisitions, including CS electric, Gunderlund, and Jetitek.

Caverion has 3 investors. Key investors include YIT, European Union, and Crayfish Bidco.

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