Elisa

Helsinki, Finland Founded: 1995 • Age: 31 yrs Acquired By Aktia
Telecommunications and digital services are provided for sustainable development.
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About Elisa

Elisa is a company based in Helsinki (Finland) founded in 1995 by Daniel Waden was acquired by Aktia in July 2016. It operates as a Subscription Services, and Managed Services. Elisa has completed 10 acquisitions, including CalcuQuote, Elenia and Elisa Santa Monica. Elisa offers products and services including Telecommunications Services and Digital Software Services. Elisa operates in a competitive market with competitors including MTN, Jio, Airtel, SK Telecom and Optus, among others.

  • Headquarter Helsinki, Finland
  • Founders Daniel Waden
  • Sectors
    Telecommunications
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Elisa Corporation
  • Date of Incorporation 23 Mar, 2023
  • Jurisdiction New Delhi, Delhi, India
Operational Areas
Telecommunications → Telecommunications Infrastructure & Services
Key Metrics
  • Annual Revenue
    $2.66 B (USD)
    2.99
    as on Dec 31, 2025
  • Net Profit
    $401.85 M (USD)
    -4.58
    as on Dec 31, 2025
  • EBITDA
    $898.17 M (USD)
    -0.07
    as on Dec 31, 2025
  • Latest Funding Round
    $1.96 M (USD), Grant

    Jul 01, 2023

  • Investors
    DNA

    & 5 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
    CalcuQuote

    & 9 more

  • Acquired by
    Aktia

    (Jul 01, 2016)

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Products & Services of Elisa

Elisa offers a comprehensive portfolio of products and services, including Telecommunications Services and Digital Software Services. 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

Services for connectivity and communication are provided widely.

Digital solutions are offered to international corporate clients.

Funding Insights of Elisa

  • Total Funding
  • Total Rounds 7
  • Last Round Grant — $2.0M
  • First Round

    (01 Aug 2008)

  • Investors Count 5
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2023 Amount Grant - Elisa Valuation

investors

Sep, 2021 Amount Debt – Conventional - Elisa Valuation

investors

Oct, 2020 Amount Grant - Elisa 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 Elisa

Elisa has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include DNA, European Investment Bank and Kauppalehti. 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
Finance and advisory services for infrastructure projects are provided.
Founded Year Domain Location
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
Founded Year Domain Location
Nordic Investment Bank is engaged in financing sustainable projects in the Nordic-Baltic region.
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 Elisa

Elisa has strategically engaged in corporate development activities, having acquired 10 companies. Notable acquisitions include CalcuQuote, Elenia and Elisa Santa Monica. 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
End-to-end RFQ management system is provided for EMS industry.
2014
Electricity grid services and energy solutions are provided.
2012
A suite of IT service solutions is provided to businesses.
2004
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 - Elisa

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

Elisa Comparisons

Employees
+
Add Comparison
Available on Premium

Competitors of Elisa

Elisa 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 MTN, Jio, Airtel, SK Telecom and Optus, 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
MTN Group is recognized as a leading telecommunications provider in Africa.
domain founded_year HQ Location
Provider of telecommunication services
domain founded_year HQ Location
Airtel is recognized as a provider of telecommunications and internet services.
domain founded_year HQ Location
Provider of integrated telecommunication services
domain founded_year HQ Location
Mobile internet services are provided for homes and offices.
domain founded_year HQ Location
Integrated telecom service provider
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 Elisa

Frequently Asked Questions about Elisa

When was Elisa founded?

Elisa was founded in 1995 and raised its 1st funding round 13 years after it was founded.

Where is Elisa located?

Elisa is headquartered in Helsinki, Finland.

What is the annual revenue of Elisa?

Annual revenue of Elisa is $2.66B as on Dec 31, 2025.

What does Elisa do?

Elisa is established as a market leader in telecommunications and digital services, primarily operating in Finland and Estonia, with a presence in over 100 countries. Sustainable solutions are provided to over 2.8 million consumer, corporate, and public administration customers. The focus is placed on digitalisation for a sustainable future, with services spanning mobile and fixed-line telecommunications as well as international digital software solutions. Over 6,700 professionals are employed across more than 20 countries to enhance customer experience and quality.

Who are the top competitors of Elisa?

Elisa's top competitors include MTN, AT&T and Optus.

What products or services does Elisa offer?

Elisa offers Telecommunications Services and Digital Software Services.

How many acquisitions has Elisa made?

Elisa has made 10 acquisitions, including CalcuQuote, Elenia, and Elisa Santa Monica.

Who are Elisa's investors?

Elisa has 6 investors. Key investors include DNA, European Investment Bank, Kauppalehti, European Union, and Nordic Investment Bank.

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