About Electrolux
Electrolux is a company based in Stockholm (Sweden) founded in 1919 by Axel Wenner Gren.. The company has 56,000 employees as of December 31, 2017. Electrolux has completed 4 acquisitions, including Anova Culinary, La Compagnie du SAV and Olympic Group. Electrolux operates in a competitive market with competitors including ncscolour, Mimbly, Kemetyl, OrganoTex and Five Oceans, among others.
- Headquarter Stockholm, Sweden
- Employees 56000 as on 31 Dec, 2017
- Founders Axel Wenner Gren
- Stage Public
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Sectors
Consumer
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$170.43 K (USD), Grant
Jun 01, 2019
- Investors
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Employee Count
56000
as on Dec 31, 2017
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Investments & Acquisitions
Anova Culinary
& 3 more
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Software Development Team
138 people
Product Management Team
87 people
Sales and Marketing
64 people
Human Resources and Administration
50 people
Leadership Team
40 people
Finance and Accounting
33 people
Creative and Marketing Team
19 people
Data Analysis and Operations Team
18 people
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Funding Insights of Electrolux
- Total Funding Total Funding
- Total Rounds 7
- Last Round Grant — $170,427
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2019 | Amount | Grant - Electrolux | Valuation |
investors |
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| Dec, 2018 | Amount | Post-IPO - Electrolux | Valuation |
investors |
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| Dec, 2018 | Amount | Grant - Electrolux | 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 Electrolux
Electrolux has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include 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 |
| 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 Electrolux
Electrolux has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Anova Culinary, La Compagnie du SAV and Olympic Group. 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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Repair services for electronic gadgets are provided in France.
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2019 | ||||
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Sous vide cookers and accessories are provided by Anova Culinary.
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2013 | ||||
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Manufacturing services for commercial dishwasher equipment are provided.
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2003 |
| 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 - Electrolux
| 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 |
Electrolux Comparisons
Competitors of Electrolux
Electrolux operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as ncscolour, Mimbly, Kemetyl, OrganoTex and Five Oceans, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Colour codes and design solutions are provided digitally and physically.
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Water-saving laundry solutions for commercial clients are provided.
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Manufacturer of chemicals for car cosmetics & household use
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Provides biobased, biodegradable waterproofing for textiles, shoes, and eco detergents.
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| domain | founded_year | HQ Location |
Eco-friendly cleaning and washing products for home, garments, and dish care.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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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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Latest news on Electrolux
Frequently Asked Questions about Electrolux
When was Electrolux founded?
Electrolux was founded in 1919 and raised its 1st funding round 94 years after it was founded.
Where is Electrolux located?
Electrolux is headquartered in Stockholm, Sweden.
Who is the current CEO of Electrolux?
Jonas Samuelson is the current CEO of Electrolux.
How many employees does Electrolux have?
As of Dec 31, 2017, the latest employee count at Electrolux is 56,000.
What does Electrolux do?
Electrolux was founded in 1919 in Stockholm, Sweden, and operates in the household appliances sector. A variety of products such as refrigerators, dishwashers, washing machines, cookers, vacuum cleaners, air conditioners, and small domestic appliances are produced and sold globally. In 2021, annual revenues of 11.9 billion were recorded, alongside a net profit of 0.53 billion. The company is led by CEO Jonas Samuelson, with Axel Wenner-Gren as its founder.
Who are the top competitors of Electrolux?
How many acquisitions has Electrolux made?
Electrolux has made 4 acquisitions, including Anova Culinary, La Compagnie du SAV, and Olympic Group.
Who are Electrolux's investors?
Electrolux has 1 investor. Key investors include European Union.
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