About Fingrid
Fingrid is a company based in Helsinki (Finland) founded in 1996. Electricity transmission and national grid management services are provided. Fingrid has raised $156.56 million across 6 funding rounds from investors including European Union and Ilmarinen. Its website fingrid.fi draws about 380 thousand monthly visits. Fingrid offers products and services including Electricity Transmission and Datahub Services. Its legal entity is Fingrid Oyj.
Company details
Provider of electricity transmission services and grid management. This company operates the national electricity transmission network, ensuring reliable electricity supply. Services include grid maintenance, system operation, and market balancing. They also offer data services related to electricity markets and grid operations. The company facilitates access to the electricity market and supports the transition to a cleaner energy system. Their activities encompass planning and development of the transmission network, ensuring its capacity meets future demands.
- Total Equity Funding$156.56M (USD)
in 6 rounds
- Latest Funding Round$4.83M (USD), Grant
Jan 2022
- InvestorsEuropean Union
& 1 more
Products & Services of Fingrid
Fingrid offers a comprehensive portfolio of products and services, including Electricity Transmission and Datahub Services.
Electricity transmission across the grid is managed to ensure reliable supply for the society.
Electricity data is consolidated and made available through a unified system for stakeholders.
Apps and channels of Fingrid
its YouTube channel FingridOyj has 1.21K subscribers and 30 videos.
Videos from Fingrid
The most watched videos on Fingrid's YouTube channel, FingridOyj (1.21K subscribers). Click a video to play it here.
More on FingridOyj.
Funding Insights of Fingrid
Fingrid has successfully raised a total of $156.56M across 6 strategic funding rounds. The most recent funding activity was a Grant round of $4.83 million completed in January 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 $156.56M
- Total Rounds 6
- Last Round Grant — $4.83M
- First Round $156.56M
(Apr 2011)
- Investors Count 2
All 6 funding rounds of Fingrid 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 |
|---|---|---|---|---|---|
| Jan 2022 | $4.83M | Grant | – | – | |
| Oct 2020 | $579,550 | Grant | – | – | |
| Jan 2019 | Grant | – | – | ||
| Jun 2018 | $1.76M | Grant | – | – | |
| Jan 2016 | $117,031 | Grant | – | – | |
| Apr 2011 | $156.56M | Private Equity Round | – | Ilmarinen | – |
2 investors in total: 2 institutional.
Investors in Fingrid
Fingrid has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include European Union and Ilmarinen.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium | |
Provides pension insurance and support for Finnish entrepreneurs and employers. | 1961 | ilmarinen.fi | Helsinki, Finland |
Investor details for Fingrid
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Fingrid
83 people are tracked at Fingrid (14 in leadership, 4 in board & advisors, 65 in team).
| Name | Role | Group |
|---|---|---|
Jussi Pohjanpalo | Deputy CFO | Leadership |
Jonna Jumisko | Chief Accountant | Leadership |
Jukka Ruusunen | President & CEO | Leadership |
Mikko Järvenpää | Head Of Business Development | Leadership |
Maria Joki-Pesola | Head Of Balance Services And Balancing Markets | Leadership |
Jani Piipponen | Head Of Energy Accounting At Fingrid Oyj | Leadership |
Pinja Kimari | Ict Business Partner | Leadership |
Miika Määttä | Head Of ICT Solution Services | Leadership |
Mervi Marttila | Head Of Business Controlling | Leadership |
Jukka Metsälä | Chief Financial Officer | Leadership |
Daniel Kuosa | Head Of Substation Projects | Leadership |
Antti Kuusela | Head Of Operational Engineering | Leadership |
Lasse Linnamaa | Head Of Power System Engineering | Leadership |
Sami P. | Head Of Unit | Leadership |
Hannu Linna | Chair | Board & advisors |
Jukka Reijonen | Board Member | Board & advisors |
Sanna Syri | Board Member | Board & advisors |
Päivi Nerg | Deputy Chair | Board & advisors |
Pauli Partinen | Manager, Grid Models | Team |
Asta Sihvonen-Punkka | EVP, Markets | Team |
63 more people are available in the full profile.
Complete people profiles for Fingrid
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Fingrid
3 dated milestones of Fingrid across 26 years, from founding to its latest funding, stage changes and deals.
- Founded Fingrid is founded.
- Funding First funding round of $156.6M.
- Funding Latest funding round, Grant, of $4.8M.
Web traffic of Fingrid
The website of Fingrid (fingrid.fi) receives about 379.8K visits a month and ranks #196,096 among all websites worldwide, #1,842 in Energy Industry.
- Monthly visits379.8K
▲ 51% vs previous month
- Unique visitors57.1K
per month
- Global rank#196,096
among all websites
- Category rank#1,842
Heavy Industry and Engineering · Energy Industry
- Bounce rate50%
- Pages per visit2.3
- Average visit1 min 13 sec
- DevicesDesktop 34% · Mobile 66%
Websites whose visitors overlap most with Fingrid. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| energia.fi | 100% | 17.6K | #1,581,343 | View details | |
| helen.fi | 96% | 383.9K | #111,922 | View details | |
energiavirasto.fi | energiavirasto.fi | 88% | #1,468,103 | – | |
fingridlehti.fi | fingridlehti.fi | 78% | #3,481,872 | – | |
kymppivoima.fi | kymppivoima.fi | 76% | – | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 39 similar websites and full traffic analytics for Fingrid
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 39 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
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Frequently Asked Questions about Fingrid
Fingrid was founded in 1996 and raised its 1st funding round 15 years after it was founded.
Fingrid is headquartered in Helsinki, Finland.
Fingrid is a funded company, having raised a total of $156.56M across 6 funding rounds to date. The company's 1st funding round was a Private Equity Round of $156.56M, raised on Apr 2011.
Provider of electricity transmission services and grid management. This company operates the national electricity transmission network, ensuring reliable electricity supply. Services include grid maintenance, system operation, and market balancing. They also offer data services related to electricity markets and grid operations. The company facilitates access to the electricity market and supports the transition to a cleaner energy system. Their activities encompass planning and development of the transmission network, ensuring its capacity meets future demands.
Fingrid offers Electricity Transmission and Datahub Services.
Fingrid has 2 investors. Key investors include European Union, and Ilmarinen.
Fingrid operates through Fingrid Oyj.
The website of Fingrid receives about 380 thousand visits a month and ranks #196,096 among all websites worldwide.