About Danfoss
Danfoss is an Industrial Goods & Manufacturing company based in Nordborg (Denmark) founded in 1933, and was acquired by Siemens in October 2024. Manufacturer of energy efficiency products. It operates in the Industrial Goods & Manufacturing, Real Estate & Construction, and Energy & Utilities sectors. Danfoss has raised $41.22 million across 15 funding rounds from investors including Siemens, Gov.uk and European Union. Danfoss has completed 19 acquisitions, including AAIM Controls, Advitronic Engingeering and Artemis Intelligent Power. Danfoss was last valued at $3.27 billion in December 2004. Its website danfoss.com draws about 1.2 million monthly visits. Its focus areas include Energy Tech, Energy Efficiency Tech, Energy Management System and Building Automation Systems.
Company details
Danfoss, founded in 1933 in Nordborg, Denmark, focuses on energy tech, energy efficiency tech, energy management system, and building automation systems. Manufacturer of energy efficiency products. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
- Headquarters Nordborg, Denmark
- Stage Acquired
- SectorsIndustrial Goods & ManufacturingReal Estate & Construction Energy & Utilities Business Services
- Website category Computers Electronics and Technology · Consumer Electronics
- Email••••••••
- Phone•••• ••••
- Website danfoss.com/en
- Social LinkedIn X Facebook Instagram YouTube
- Acquired by Siemens (Oct 2024)
- Total Equity Funding$41.22M (USD)
in 15 rounds
- Latest Funding Round$873.16K (USD), Grant
Feb 2023
- InvestorsSiemens
& 9 more
- Investments & AcquisitionsAAIM Controls
& 18 more
- Acquired bySiemens
(Oct 2024)
Associated legal entities of Danfoss
Danfoss is associated with 4 registered companies on The Company Check. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Danfoss Fluid Power Private Limited CIN U29309PN2020PTC191867 | Active | 10 Jul 2020 | Pune, Maharashtra | ₹3.0 Cr | 5 | View details | |
| Danfoss Power Solutions India Private Limited CIN U00000PN2001PTC131740 | Active | 05 Feb 2001 | Pune, Maharashtra | ₹511 Cr | 337 | 7 | View details |
| Danfoss Technologies Private Limited CIN U74999TN2020PTC136283 | Amalgamated | 10 Jul 2020 | Chennai, Tamil Nadu | ₹130 Cr | 477 | 5 | View details |
| Danfoss Industries Private Limited CIN U31900DL1998PTC093532 | Strike Off | 30 Apr 1998 | New Delhi, Delhi | $176.0M | View details |
Apps and channels of Danfoss
Danfoss publishes 6 mobile apps with over 1.6M+ downloads; its YouTube channel Danfoss has 2.04K subscribers and 30 videos.
Videos from Danfoss
The most watched videos on Danfoss's YouTube channel, Danfoss (2.04K subscribers). Click a video to play it here.
More on Danfoss.
Funding Insights of Danfoss
Danfoss has successfully raised a total of $41.22M across 15 strategic funding rounds. The most recent funding activity was a Grant round of $873.16 thousand completed in February 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $41.22M
- Total Rounds 15
- Last Round Grant — $873,157
- First Round $9.73M
(Jun 1996)
- Investors Count 9
Latest 10 of 15 funding rounds of Danfoss 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 |
|---|---|---|---|---|---|
| Feb 2023 | $873,157 | Grant | – | – | |
| Oct 2022 | $449,370 | Grant | – | – | |
| Jan 2022 | $314,942 | Grant | – | – | |
| Mar 2020 | $22.2M | Series C | – | Emerald Technology Ventures | |
| Oct 2019 | $386,854 | Grant | – | – | |
| Nov 2017 | $1.45M | Grant | – | – | |
| Jan 2017 | $1.33M | Grant | – | – | |
| Oct 2016 | $370,590 | Grant | – | – | |
| Jan 2016 | $46,605 | Grant | – | – | |
| Dec 2014 | Grant | – | – |
| Date | Valuation | Stage |
|---|---|---|
| Dec 2004 | $3.27B | •••••••• |
| Apr 2001 | $911.36M | •••••••• |
Last known valuation $3.27B (Dec 2004). 10 investors in total: 10 institutional.
Investors in Danfoss
Danfoss has secured backing from 10 investors, including institutional and venture fund investors. Prominent investors backing the company include Siemens, Gov.uk and European Union.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Sustainable industrial innovation is supported through venture capital investments. | emerald.vc | Zurich, Switzerland | ||
Private equity investment firm | tesi.fi | Helsinki, Finland | ||
Private equity investment firm | 1967 | ifu.dk | Copenhagen, Denmark | |
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium | |
Runs a direct-to-consumer brand for surface care products. | 1989 | sinituote.fi | Hyvinkaa, Finland | |
Provides pension insurance and support for Finnish entrepreneurs and employers. | 1961 | ilmarinen.fi | Helsinki, Finland | |
Diversified insurance services are offered across Finland. | 1982 | lahitapiola.fi | Espoo, Finland | |
Online government services and information are provided to users. | 1707 | gov.uk | London, United Kingdom | |
Industrial software is developed for automation, electrification, and digitalization solutions. | 1847 | siemens.com | United States | |
Scientific and technical information is managed and disseminated by OSTI.GOV. | osti.gov |
Investor details for Danfoss
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Danfoss
The boards of the 3 registered companies of Danfoss currently have 7 directors; the longest-serving is Upinder Kishen Razdan, appointed in 2005. 20 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Upinder Kishen Razdan DIN 00918554 | Managing Director | 11 Jul 2005 | 21 yrs 3 mo | Danfoss Power Solutions India Private Limited |
| Torben Jessen Christensen DIN 08005313 | Director | 13 Nov 2017 | 8 yrs 11 mo | Danfoss Power Solutions India Private Limited, Danfoss Fluid Power Private Limited, Danfoss Technologies Private Limited |
| Anders Stahlschmidt DIN 08005318 | Director | 13 Nov 2017 | 8 yrs 11 mo | Danfoss Power Solutions India Private Limited, Danfoss Fluid Power Private Limited, Danfoss Technologies Private Limited |
| Ravichandran Purushothaman DIN 06584433 | Director | 10 Jul 2020 | 6 yrs 4 mo | Danfoss Fluid Power Private Limited, Danfoss Technologies Private Limited |
| Venkatraman Subramaniam Muralidar DIN 08351396 | Director | 10 Jul 2020 | 6 yrs 4 mo | Danfoss Technologies Private Limited |
| Ganapathy Subramanian Gopalakrishnan DIN 01727896 | Director | 10 Dec 2024 | 1 yr 10 mo | Danfoss Power Solutions India Private Limited, Danfoss Fluid Power Private Limited |
| Mohan Rawat DIN 01923910 | Director | 23 Apr 2025 | 1 yr 6 mo | Danfoss Power Solutions India Private Limited |
People of Danfoss
526 people are tracked at Danfoss (177 in leadership, 10 in board & advisors, 339 in team).
| Name | Role | Group |
|---|---|---|
Ton Bekkers | Sales Director Climate Solutions Bij Danfoss Bv | Leadership |
Dana S. Rasmussen | Director, Global HR Business Partner, Connect & Controls Solutions | Leadership |
Jessica Gunderson | Human Resources Director | Leadership |
Agnes Agada | Talent Acquisition Partner | Leadership |
Dannette Holifield | Head Of IT Operations Excellence | Leadership |
Maria del Mar Molina Mesa | HR Director, Talent Development And Inclusion, Danfoss Climate Solutions | Leadership |
Myriam Sterckx | HR People Partner At DCS Belgium | Leadership |
Carsten Mohr | Director, Head Of IT Portfolio Management | Leadership |
Julia Ullmann-Glowacki | Head Of Talent Attraction | Leadership |
Frederik Hansen | Finance Business Partner Director, EU Sales Controlling & EMEA Marine And Electrification Team | Leadership |
Tom Jose | Head Of HR Hub - Asia Pacific & India Regions | Leadership |
Ilonka Nussbaumer | EVP, Head of Group Human Resources | Leadership |
Mia Gren-Sørensen | Vice President, Head Of Global Talent | Leadership |
Michal Kopacz | Head Of Operations | Leadership |
Daniel Winter | President, Danfoss Power Solutions | Leadership |
Serena Zenatti | HR Director, Global HR Business Partner | Leadership |
Kim Fausing | President & Chief Executive Officer | Leadership |
Jesper V. Christensen | Executive Vice President & Chief Financial Officer | Leadership |
Stephen Gugliotta | Senior Vice President, Global Accounts | Leadership |
Kasper Frostholm Thomsen | Head Of Group Accounting & Financial Compliance | Leadership |
506 more people are available in the full profile.
Complete people profiles for Danfoss
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of Danfoss
Figures of Danfoss Power Solutions India Private Limited, the primary company behind Danfoss, for FY 2025. Revenue was ₹511 Cr (+8% year on year). Net profit was ₹32.91 Cr (6% margin). EBITDA was ₹64.56 Cr (13% margin). Revenue has grown at a compounded annual rate of +5% over three years and +13% over five years.
- ₹511 CrRevenue · FY 2025 · +8% YoY
- ₹32.91 CrNet profit · 6% margin
- ₹64.56 CrEBITDA · 13% margin
- ₹20.16 CrPaid-up capital
- 337Employees (provident fund records)
- +5%Revenue CAGR, 3 years
- +13%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Danfoss Power Solutions India Private Limited are on its company page.
Detailed financial statements for Danfoss
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Investments & Acquisitions by Danfoss
Danfoss has strategically engaged in corporate development activities, having acquired 19 companies. Notable acquisitions include AAIM Controls, Advitronic Engingeering and Artemis Intelligent Power.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Manufacturer of semiconductor devices, modules, stacks, and systems | semikron-danfoss.com | Nuremberg, Germany | 2022 | Mar 2026 | •••• | |
Steel fittings, hoses, assemblies, and related products are manufactured. | hydro-holding.com | Carpignano Sesia, Italy | 2015 | Nov 2025 | •••• | |
Eco-friendly compressors for refrigeration and air conditioning are manufactured. | bock.de | Dusseldorf, Germany | 1881 | Oct 2022 | •••• | |
Manufacturer of motors, generators and power electronic controllers for transportation industry | uqm.com | Longmont, United States | 1967 | Jan 2019 | •••• | |
Hydraulic equipment is supplied and precision parts are manufactured. | hnfluidtechnik.de | Parchim, Germany | 0 | Dec 2018 | •••• | |
Industrial electronic regulation and control automation solutions are provided. | aaimcontrols.com | Waynesboro, United States | 2003 | Nov 2018 | •••• | |
Managed life-cycle and professional ICT services are delivered globally. | artemisip.com | Loanhead, United Kingdom | 1994 | Oct 2018 | •••• | |
Motors and generators are manufactured for renewable energy sectors. | axcomotors.com | Lappeenranta, Finland | 2004 | Sep 2018 | •••• | |
Electronic systems are designed and manufactured for various applications. | ikusiremotecontrol.com | San Sebastian, Spain | 2016 | Jul 2018 | •••• | |
Electric drivetrains are developed for heavy-duty vehicles and marine applications. | visedo.com | Lappeenranta, Finland | 2009 | Nov 2017 | •••• |
Complete acquisition details for Danfoss
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
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Timeline of Danfoss
16 dated milestones of Danfoss across 93 years, from founding to its latest funding, stage changes and deals.
- Founded Danfoss is founded.
- Funding First funding round of $9.7M.
- Milestone Reaches Soonicorn status.
- Milestone Reaches Unicorn status.
- Acquisition Acquires Visedo Oy.
- Acquisition Acquires Ikusi Remote Control.
- Acquisition Acquires Axco Motors.
- Acquisition Acquires Artemis Intelligent Power.
- Acquisition Acquires AAIM Controls.
- Acquisition Acquires Hydraulik Nord Fluidtechnik.
- Acquisition Acquires UQM Technologies.
- Acquisition Acquires GEA Block.
- Funding Latest funding round, Grant, of $873K.
- Exit Acquired by Siemens.
- Acquisition Acquires Hydro Holding.
- Acquisition Acquires Semikron Danfoss.
Web traffic of Danfoss
The website of Danfoss (danfoss.com) receives about 1.2M visits a month and ranks #37,111 among all websites worldwide, #4,575 in Consumer Electronics.
- Monthly visits1.2M
▲ 4.4% vs previous month
- Unique visitors495.7K
per month
- Global rank#37,111
among all websites
- Category rank#4,575
Computers Electronics and Technology · Consumer Electronics
- Bounce rate40%
- Pages per visit4.9
- Average visit3 min 00 sec
- DevicesDesktop 62% · Mobile 38%
Websites whose visitors overlap most with Danfoss. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
schneider-electric.com | schneider-electric.com | 100% | #41,263 | – | |
electricautomationnetwork.com | electricautomationnetwork.com | 96% | #231,052 | – | |
| synqor.com | 92% | 32.6K | #916,307 | View details | |
| br-automation.com | 90% | 194.2K | #181,614 | View details | |
| belden.com | 90% | 329K | #106,169 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Danfoss
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Related news about Danfoss
Complete news archive for Danfoss
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Frequently Asked Questions about Danfoss
Danfoss was founded in 1933 and raised its 1st funding round 63 years after it was founded.
Danfoss is headquartered in Nordborg, Denmark.
Danfoss is a funded company, having raised a total of $41.22M across 15 funding rounds to date.
Danfoss, founded in 1933 in Nordborg, Denmark, focuses on energy tech, energy efficiency tech, energy management system, and building automation systems. Manufacturer of energy efficiency products. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
Danfoss has made 19 acquisitions, including AAIM Controls, Advitronic Engingeering, and Artemis Intelligent Power.
Danfoss has 10 investors. Key investors include Siemens, Gov.uk, European Union, LähiTapiola, and IFU.
The valuation of Danfoss is $3.27B as of Dec 2004.
Danfoss is associated with 4 legal entities: Danfoss Industries Private Limited, Danfoss Power Solutions India Private Limited, Danfoss Fluid Power Private Limited and others.
Yes. Danfoss was acquired by Siemens in October 2024.
The legal entities of Danfoss currently have 9 directors, including Ganapathy Subramanian Gopalakrishnan, Torben Jessen Christensen, Anders Stahlschmidt and others.
Yes. Danfoss publishes Danfoss Linkâ„¢ and 5 more apps, with over 1.6 million downloads.
The website of Danfoss receives about 1.2 million visits a month and ranks #37,111 among all websites worldwide.