About Glencore
Glencore is a company based in Baar (Switzerland) founded in 1974. It operates as a Reseller / Distribution, and Brokerage / Intermediation. Glencore has raised $2.2 billion across 8 funding rounds from investors including Société Générale, Natixis and BOC. The company has 150,000 employees as of December 31, 2024. Glencore has completed 7 acquisitions, including ALE Brasil, Caracal Energy and FincoEnergies. Glencore offers products and services including Copper, Coal, Nickel, Zinc & Lead, and Oil.
- Headquarter Baar, Switzerland
- Employees 150000 as on 31 Dec, 2024
- Stage Public
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Sectors
Industrial Goods & Manufacturing
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Glencore Plc
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Annual Revenue
$226.48 B (USD)3.08as on Dec 31, 2024
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Net Profit
$-1.6 B (USD)-137.14as on Dec 31, 2024
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EBITDA
$10.21 B (USD)-36.95as on Dec 31, 2024
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Total Equity Funding
$2.2 B (USD)
in 8 rounds
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Latest Funding Round
$11 M (USD), Grant
May 11, 2024
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Investors
Société Générale
& 7 more
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Employee Count
150000
as on Dec 31, 2024
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Investments & Acquisitions
ALE Brasil
& 6 more
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IPO & Listings of Glencore
Glencore is a publicly listed company on the LSE with ticker symbol GLEN in UK, operating in the Distribution services 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.
Products & Services of Glencore
Glencore offers a comprehensive portfolio of products and services, including Copper, Coal, Nickel, Zinc & Lead, and Oil. 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.
Copper is mined and traded globally by Glencore.
Coal is produced and marketed by Glencore worldwide.
Nickel is extracted and supplied by Glencore internationally.
Zinc and lead are processed by Glencore globally.
Oil is traded and marketed by Glencore worldwide.
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Finance and Accounting
50 people
Software Development Team
32 people
Human Resources and Administration
32 people
Leadership Team
20 people
Product Management Team
15 people
Operations Team
15 people
Legal and Compliance
14 people
Senior Team
10 people
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Funding Insights of Glencore
Glencore has successfully raised a total of $2.2B across 8 strategic funding rounds. The most recent funding activity was a Grant round of $11 million completed in May 2024. 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 8
- Last Round Grant — $11.0M
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First Round
First Round
(01 Dec 2009)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2024 | Amount | Grant - Glencore | Valuation |
investors |
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| Sep, 2022 | Amount | Post-IPO - Glencore | Valuation |
investors |
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| May, 2019 | Amount | Debt – Conventional - Glencore | 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 Glencore
Glencore has secured backing from 8 investors, including institutional and venture fund investors. Prominent investors backing the company include Société Générale, Natixis and BOC. 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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Energy sector investments are managed via private equity.
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Founded Year | Domain | Location | |
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Online platform providing access to a wide range of government services and information
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Founded Year | Domain | Location | |
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Lithium-ion battery recycling technology is developed by Li-Cycle.
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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 Glencore
Glencore has strategically engaged in corporate development activities, having acquired 7 companies. Notable acquisitions include ALE Brasil, Caracal Energy and FincoEnergies. 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
|
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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Supplies high-quality biofuels and decarbonisation solutions for transport sector.
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2013 | ||||
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Provider of engineering design and consulting services
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2009 | ||||
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Provider of recycling services for lead, zinc, and polypropylene
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2007 |
| 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 - Glencore
| 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 |
Glencore Comparisons
Competitors of Glencore
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Glencore
Frequently Asked Questions about Glencore
When was Glencore founded?
Glencore was founded in 1974 and raised its 1st funding round 35 years after it was founded.
Where is Glencore located?
Glencore is headquartered in Baar, Switzerland. It is registered at Baar, Zug, Switzerland.
Who is the current CEO of Glencore?
Ivan Glasenberg is the current CEO of Glencore.
Is Glencore a funded company?
Glencore is a funded company, having raised a total of $2.2B across 8 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $500M, raised on Dec 01, 2009.
How many employees does Glencore have?
As of Dec 31, 2024, the latest employee count at Glencore is 150,000.
What is the annual revenue of Glencore?
Annual revenue of Glencore is $226.48B as on Dec 31, 2024.
What does Glencore do?
Glencore is involved in the production, sourcing, and trading of metals, minerals, and energy commodities worldwide. Operations are conducted across sectors including copper, cobalt, nickel, zinc, lead, ferroalloys, coal, and oil. The company is focused on responsibly sourcing commodities essential for everyday life. Solutions are provided through mining operations, marketing, and recycling initiatives. Presence is maintained in multiple regions including Africa, North America, South America, Europe, and Australia. Sustainability and ethical practices are integrated into the business strategy.
What products or services does Glencore offer?
Glencore offers Copper, Coal, Nickel, Zinc & Lead, and Oil.
Is Glencore publicly traded?
Yes, Glencore is publicly traded on LSE under the ticker symbol GLEN.
How many acquisitions has Glencore made?
Glencore has made 7 acquisitions, including ALE Brasil, Caracal Energy, and FincoEnergies.
Who are Glencore's investors?
Glencore has 8 investors. Key investors include Société Générale, Natixis, BOC, Government of Canada, and Santander.
What is Glencore's ticker symbol?
The ticker symbol of Glencore is GLEN on LSE.