About Federated Hermes
Federated Hermes is a company based in Pittsburgh (United States) founded in 1955.. Federated Hermes has raised $1 billion across 1 funding round from investors including BTPS Portal. The company has 2,070 employees as of December 31, 2024. Federated Hermes operates in a competitive market with competitors including Fidelity Investments, Investec, Morgan Stanley, Northwestern Mutual and Guggenheim Partners, among others.
- Headquarter Pittsburgh, United States
- Employees 2070 as on 31 Dec, 2024
- Stage Public
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Federated Hermes, Inc.
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Annual Revenue
$1.63 B1.58as on Dec 31, 2024
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Net Profit
$256.71 M-9.93as on Dec 31, 2024
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EBITDA
$456.8 M6.83as on Dec 31, 2024
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Total Equity Funding
$1 B (USD)
in 1 rounds
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Latest Funding Round
$1 B (USD), Private Equity Round
May 17, 2022
- Investors
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Employee Count
2070
as on Dec 31, 2024
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IPO & Listings of Federated Hermes
Federated Hermes is a publicly listed company on the NYSE with ticker symbol FHI in USA, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
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Leadership Team
68 people
Software Development Team
58 people
Senior Team
31 people
Sales and Marketing
15 people
Legal and Compliance
13 people
Data Analysis and Operations Team
13 people
Lead Team
9 people
Human Resources and Administration
7 people
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Funding Insights of Federated Hermes
Federated Hermes has successfully raised a total of $1B through 1 strategic funding round. The most recent funding activity was a Private Equity Round round of $1 billion completed in May 2022. 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 Total Funding
- Total Rounds 1
- Last Round Private Equity Round — $1.0B
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First Round
First Round
(17 May 2022)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2022 | Amount | Private Equity Round - Federated Hermes | 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 Federated Hermes
Federated Hermes has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include BTPS Portal. 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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Retirement and pension management platform for individuals
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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 Federated Hermes
| 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 |
Financial Statements - Federated Hermes
| 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 |
Federated Hermes Comparisons
Competitors of Federated Hermes
Federated Hermes 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 Fidelity Investments, Investec, Morgan Stanley, Northwestern Mutual and Guggenheim Partners, 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 |
Provider of brokerage accounts, retirement planning, wealth management, and trading platforms
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| domain | founded_year | HQ Location |
Global banking, investment, and wealth management services are offered worldwide.
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| domain | founded_year | HQ Location |
Wealth management, investment advisory, and financial services are provided.
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| domain | founded_year | HQ Location |
Northwestern Mutual is engaged in financial planning and insurance services.
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| domain | founded_year | HQ Location |
Asset management and investment advisory services are provided to clients.
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| domain | founded_year | HQ Location |
Platform offering business intelligence solutions that combine data and actionable analytics for clients
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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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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
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 Federated Hermes
Frequently Asked Questions about Federated Hermes
When was Federated Hermes founded?
Federated Hermes was founded in 1955 and raised its 1st funding round 67 years after it was founded.
Where is Federated Hermes located?
Federated Hermes is headquartered in Pittsburgh, United States. It is registered at Pittsburgh, Pennsylvania, United States.
Who is the current CEO of Federated Hermes?
Joseph Bartolacci is the current CEO of Federated Hermes.
Is Federated Hermes a funded company?
Federated Hermes is a funded company, having raised a total of $1B across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $1B, raised on May 17, 2022.
How many employees does Federated Hermes have?
As of Dec 31, 2024, the latest employee count at Federated Hermes is 2,070.
What is the annual revenue of Federated Hermes?
Annual revenue of Federated Hermes is $1.63B as on Dec 31, 2024.
What does Federated Hermes do?
Federated Hermes was established in 1955 in Pittsburgh, United States, within the financial services sector. Investment management is handled across equity, fixed-income, and alternative strategies for institutional and individual investors. Operations span global markets, with assets under management exceeding established thresholds. The company is led by Co-CEOs Joseph Bartolacci and J. Christopher Donahue, ensuring oversight of core advisory and portfolio functions.
Who are the top competitors of Federated Hermes?
Federated Hermes's top competitors include Fidelity Investments, Investec and S&P Global.
Is Federated Hermes publicly traded?
Yes, Federated Hermes is publicly traded on NYSE under the ticker symbol FHI.
Who are Federated Hermes's investors?
Federated Hermes has 1 investor. Key investors include BTPS Portal.
What is Federated Hermes's ticker symbol?
The ticker symbol of Federated Hermes is FHI on NYSE.
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