About GN Group
GN Group is a company based in Ballerup (Denmark) founded in 1869. It operates as a Direct-to-Consumer (D2C), and B2B2C. The company has 7,350 employees as of December 31, 2024. GN Group has completed 8 acquisitions, including Altia Systems, Audigy Group and Hello Direct. GN Group offers products and services including ReSound Enzo IA and Jabra Solutions.
- Headquarter Ballerup, Denmark
- Employees 7350 as on 31 Dec, 2024
- Stage Public
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Sectors
Media & Entertainment
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Phone
*********
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Website
*********
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Social
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- Legal Name Gn Store Nord A/S
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Annual Revenue
$2.51 B (USD)-0.98as on Dec 31, 2024
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Net Profit
$137.63 M (USD)333.33as on Dec 31, 2024
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EBITDA
$448.56 M (USD)24.58as on Dec 31, 2024
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Latest Funding Round
$37.96 K (USD), Grant
Nov 01, 2022
- Investors
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Employee Count
7350
as on Dec 31, 2024
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Investments & Acquisitions
Altia Systems
& 7 more
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IPO & Listings of GN Group
GN Group is a publicly listed company on the OMXCOP with ticker symbol GN in Denmark, operating in the Electronic technology 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 GN Group
GN Group offers a comprehensive portfolio of products and services, including ReSound Enzo IA and Jabra Solutions. 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.
Advanced hearing aid with exceptional speech understanding provided.
Audio solutions for large meeting rooms are offered.
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Software Development Team
113 people
Leadership Team
44 people
Product Management Team
33 people
Senior Team
32 people
Finance and Accounting
30 people
Sales and Marketing
27 people
Human Resources and Administration
23 people
Head Team
21 people
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Funding Insights of GN Group
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $37,960
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First Round
First Round
(01 Nov 2022)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2022 | Amount | Grant - GN Group | 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 GN Group
GN Group 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 GN Group
GN Group has strategically engaged in corporate development activities, having acquired 8 companies. Notable acquisitions include Altia Systems, Audigy Group and Hello Direct. 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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Bluetooth-enabled hearing aids are provided via an online platform.
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2018 | ||||
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Panoramic USB video cameras and desktop collaboration systems are developed.
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2011 | ||||
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Camera systems and AI-based vision software are provided by PanaCast.
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2011 |
| 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 - GN Group
| 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 |
Gn Group Comparisons
Competitors of GN Group
| 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 Gn Group
Frequently Asked Questions about GN Group
When was GN Group founded?
GN Group was founded in 1869 and raised its 1st funding round 153 years after it was founded.
Where is GN Group located?
GN Group is headquartered in Ballerup, Denmark.
How many employees does GN Group have?
As of Dec 31, 2024, the latest employee count at GN Group is 7,350.
What is the annual revenue of GN Group?
Annual revenue of GN Group is $2.51B as on Dec 31, 2024.
What does GN Group do?
GN Group is involved in the development and distribution of innovative audio solutions. Focus is placed on hearing aids, enterprise audio systems, and gaming audio products. Operations span across various sectors including healthcare and corporate communication. Products like ReSound Enzo IA are designed for exceptional speech understanding. Sustainability and ESG initiatives are integrated into the corporate strategy. Technology inspired by people drives innovation within the company.
What products or services does GN Group offer?
GN Group offers ReSound Enzo IA and Jabra Solutions.
Is GN Group publicly traded?
Yes, GN Group is publicly traded on OMXCOP under the ticker symbol GN.
How many acquisitions has GN Group made?
GN Group has made 8 acquisitions, including Altia Systems, Audigy Group, and Hello Direct.
Who are GN Group's investors?
GN Group has 1 investor. Key investors include European Union.
What is GN Group's ticker symbol?
The ticker symbol of GN Group is GN on OMXCOP.
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