Caverion

Vantaa, Finland Founded: 1912 • Age: 114 yrs Acquired By YIT
Caverion is engaged in building performance and facility management.
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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. 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.

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

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab 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. 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.

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
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
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. 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.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
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
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Caverion

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Caverion Comparisons

Employees
+
Add Comparison
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Competitors of Caverion

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Caverion

Frequently Asked Questions about Caverion

When was Caverion founded?

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

Where is Caverion located?

Caverion is headquartered in Vantaa, Finland.

Who is the current CEO of Caverion?

Ari Lehtoranta is the current CEO of Caverion.

What does Caverion do?

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.

What products or services does Caverion offer?

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

How many acquisitions has Caverion made?

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

Who are Caverion's investors?

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

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