About Caverion
Caverion is a publicly listed company based in Vantaa (Finland) founded in 1912, and was acquired by YIT in June 2010. Caverion is engaged in building performance and facility management. It operates on a Managed Services and Professional Services model in Business Services and Energy & Utilities sectors. Caverion has completed 16 acquisitions, including CS electric, Gunderlund and Jetitek. Its chief executive is Ari Lehtoranta. Its website caverion.com draws about 46 thousand monthly visits. Caverion offers products and services including Technical Facility Management, Industrial Maintenance, and Energy Smart Solutions. Its focus areas include Construction, Building Services, Facility Management and Energy. Its legal entity is Caverion Corporation.
Company details
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.
- Headquarters Vantaa, Finland
- Stage Public
- SectorsBusiness ServicesEnergy & Utilities
- Website category Heavy Industry and Engineering · Construction and Maintenance
- Phone•••• ••••
- Website caverion.com
- Social LinkedIn X Facebook YouTube
- Acquired by YIT (Jun 2010)
- Legal Name Caverion Corporation
- Latest Funding Round$161.53K (USD), Grant
Oct 2023
- InvestorsYIT
& 2 more
- Investments & AcquisitionsCS electric
& 15 more
- Acquired byYIT
(Jun 2010)
Products & Services of Caverion
Caverion offers a comprehensive portfolio of products and services, including Technical Facility Management, Industrial Maintenance, and Energy Smart Solutions.
Technical maintenance for buildings is provided by experts.
Industrial maintenance services are offered for various sectors.
Energy optimization solutions are delivered for sustainable performance.
Apps and channels of Caverion
its YouTube channel Caverion has 489 subscribers and 30 videos.
Videos from Caverion
The most watched videos on Caverion's YouTube channel, Caverion (489 subscribers). Click a video to play it here.
More on Caverion.
Funding Insights of Caverion
- Total Rounds 16
- Last Round Grant — $161,526
- Investors Count 2
Latest 10 of 16 funding rounds of Caverion with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2023 | $161,526 | Grant | – | – | |
| Jan 2023 | – | Post-IPO | – | – | |
| Nov 2020 | $475,704 | Grant | – | – | |
| Jan 2020 | $450,149 | Grant | – | – | |
| Jan 2019 | $437,662 | Grant | – | – | |
| Dec 2018 | $267,801 | Grant | – | – | |
| Nov 2018 | $289,263 | Grant | – | – | |
| Jan 2018 | $305,471 | Grant | – | – | |
| Feb 2017 | $844 | Grant | – | – | |
| Aug 2016 | $167,601 | Grant | – | – |
3 investors in total: 3 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
- | – | crayfishbidcooy.tcc.mode | - | |
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium | |
Residential, commercial, and infrastructure development services are provided globally. | 1912 | yitgroup.com | Helsinki, Finland |
Investor details for Caverion
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Caverion
130 people are tracked at Caverion (46 in leadership, 84 in team).
| Name | Role | Group |
|---|---|---|
Ari Lehtoranta | CEO & President | Leadership |
Minna Pakarinen | HR Business Partner | Leadership |
Camilla Myllerup | HR Business Partner | Leadership |
Jussi Lehtonen | Vice President, Head Of Strategy And M&a At Caverion Finland | Leadership |
Katariina Nilsson | Vice President, Advisory Services And Partnerships | Leadership |
Roar Andersen | Head Of Business Development & Sales | Leadership |
Klas Tocklin | VP / Head Of Managed Service, Advisory Services And Keyaccoynts, Division Sweden | Leadership |
Kati Riittinen | HR Business Partner | Leadership |
Jacob Götzsche | President & CEO | Leadership |
Tero Ikola | Vice President Procurement | Leadership |
Jan Nyman | Business Unit Director | Leadership |
Matthias Schiele | Head Of Sales Project And Service | Leadership |
Taina Mäki | Head Of Finance, Industry | Leadership |
Krister Poole Jönsson | Head Of Project Business Unit, Sweden | Leadership |
Sandra Abbiss-Kalleder | HR Director / Personalleiterin Caverion Deutschland Gmbh | Leadership |
Stine Thorup | Chief Legal And HR Officer, Division Denmark | Leadership |
Ulrich Lund | HR Director | HR Direktør | Leadership |
Samu Mandelin | Head Of Unit | Leadership |
Tommi Heikkilä | Director, Customer Solutions | Leadership |
Kari Reunanen | Head Of Business, Energy And Refrigeration | Leadership |
110 more people are available in the full profile.
Complete people profiles for Caverion
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Caverion
Caverion has strategically engaged in corporate development activities, having acquired 16 companies. Notable acquisitions include CS electric, Gunderlund and Jetitek.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Laser coating services are provided in Kokkola, Finland, since 2004. | lcc.fi | Kokkola, Finland | 2004 | Jun 2026 | •••• | |
Provider of commercial and industrial refrigeration, air conditioning, and heat pump systems | lepuschitz.at | Villach, Austria | 0 | Jul 2025 | •••• | |
Industrial air filtration and climate control systems are manufactured. | schulz-lufttechnik.de | Germany | 0 | Apr 2025 | •••• | |
Provider of ventilation, plumbing, and building automation services | vvsteknikk.no | Alesund, Norway | 1887 | Jun 2023 | •••• | |
Provider of property management services | lukkopro.fi | Oulu, Finland | 1976 | Nov 2022 | •••• | |
Residential ventilation, plumbing, and cooling services are provided. | simex-kk.no | Stavanger, Norway | 2017 | Sep 2022 | •••• | |
Household, electrical, and electronic appliances are manufactured by CS Electric. | cselectric.dk | Esbjerg, Denmark | 1973 | Sep 2022 | •••• | |
Lighting and electronics are maintained and installed for radio telephones. | visi.fi | Kotka, Finland | 1955 | Jul 2022 | •••• | |
Project planning, industry services, and property management are provided. | wtservice.fi | Vaasa, Finland | 2013 | May 2022 | •••• | |
Heat pumps and refrigeration services are provided in Norway. | kaldtogvarmt.no | Askim, Norway | 2016 | May 2022 | •••• |
Complete acquisition details for Caverion
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Caverion
15 dated milestones of Caverion across 114 years, from founding to its latest funding, stage changes and deals.
- Founded Caverion is founded.
- Exit Acquired by YIT.
- IPO Lists on the stock exchange (IPO).
- Funding First funding round.
- Acquisition Acquires Kaldt og Varmt.
- Acquisition Acquires WT-Service.
- Acquisition Acquires Visi.
- Acquisition Acquires CS electric.
- Acquisition Acquires Simex Climate & Cold.
- Acquisition Acquires LukkoPro.
- Acquisition Acquires VVS Teknikk More.
- Funding Latest funding round, Grant, of $162K.
- Acquisition Acquires Schulz Lufttechnik.
- Acquisition Acquires Lepuschitz.
- Acquisition Acquires Kokkola LCC Oy.
Web traffic of Caverion
The website of Caverion (caverion.com) receives about 45.9K visits a month and ranks #693,397 among all websites worldwide, #10,774 in Construction and Maintenance.
- Monthly visits45.9K
▼ 1.6% vs previous month
- Unique visitors15.4K
per month
- Global rank#693,397
among all websites
- Category rank#10,774
Heavy Industry and Engineering · Construction and Maintenance
- Bounce rate47%
- Pages per visit2.3
- Average visit1 min 17 sec
- DevicesDesktop 30% · Mobile 70%
Websites whose visitors overlap most with Caverion. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| yitgroup.com | 100% | 23.9K | #1,055,677 | View details | |
rapidengineering.com | rapidengineering.com | 99% | – | #4,662,249 | – |
hvi.org | hvi.org | 91% | – | #1,625,597 | – |
insul-vest.com | insul-vest.com | 83% | – | – | – |
heatmor.com | heatmor.com | 78% | – | #3,305,504 | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 12 similar websites and full traffic analytics for Caverion
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 12 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Facility & Event Management Services
10 companies that operate in the same segment as Caverion (Facility & Event Management Services), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Live entertainment events and ticketing services are managed worldwide. | 2005 | Beverly Hills, California, United States | – | USD 25.2 B | 16,200 | |
Provider of facility & project management, advisory, general contracting, and real estate development services | 2010 | Mumbai, Maharashtra, India | USD 117.79 M | USD 62.85 M | 15,502 | |
Security solutions and business support services are provided globally. | 1998 | Delhi, Delhi, India | USD 54.68 M | USD 1.7 B | 192,810 | |
Elevators, escalators, and moving walkways are manufactured, installed, and serviced. | 1853 | Farmington, United States | – | USD 14.43 B | 72,000 | |
Provider of security solutions with manned guarding, logistics, alarms, cybersecurity, and private security internationally | 1976 | Madrid, Madrid, Spain | – | USD 2.17 B | 56,530 | |
Integrated facility management services are provided to businesses worldwide. | 1901 | Copenhagen, Denmark | – | USD 13.32 B | 326,480 | |
Provider of diversified physical security services | 1901 | London, England, United Kingdom | USD 541 M | – | – | |
Developer, operator, and franchisor of trampoline and active entertainment parks | 2004 | Provo, Utah, United States | – | – | 335 | |
Provider of diversified professional and investment management services | 1976 | Toronto, Ontario, Canada | – | USD 5.67 B | 22,940 | |
Ascential is integrated into Informa Group for B2B events. | 1947 | London, England, United Kingdom | – | USD 256.74 M | 3,611 |
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Related news about Caverion
Complete news archive for Caverion
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- Brand-specific news history
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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 16 acquisitions, including CS electric, Gunderlund, and Jetitek.
Caverion has 3 investors. Key investors include YIT, European Union, and Crayfish Bidco.
Caverion operates through Caverion Corporation.
Yes. Caverion was acquired by YIT in June 2010.

