About Harvia
Harvia is a company based in Muurame (Finland) founded in 1950. It operates as a Direct-to-Consumer (D2C), and Reseller / Distribution. Harvia has completed 2 acquisitions, including Almost Heaven Saunas and EOS Sauna Technology. Harvia offers products and services including Harvia Fenix, Harvia Cilindro, Harvia Spirit, Harvia Frosty, and Harvia GreenFlame.
- Headquarter Muurame, Finland
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Sectors
Consumer
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Phone
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Website
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Social
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Annual Revenue
$182.03 M (USD)16.38as on Dec 31, 2024
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Net Profit
$25.18 M (USD)4.18as on Dec 31, 2024
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EBITDA
$44.25 M (USD)10.34as on Dec 31, 2024
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Latest Funding Round
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Investors
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Employee Count
Employee Count
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Investments & Acquisitions
Almost Heaven Saunas
& 1 more
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Products & Services of Harvia
Harvia offers a comprehensive portfolio of products and services, including Harvia Fenix, Harvia Cilindro, Harvia Spirit, Harvia Frosty, and Harvia GreenFlame. 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 sauna control with Wi-Fi and touch screen.
Modern wood heater ensuring excellent sauna steam experience.
Compact electric heater combining safety and advanced technology.
Cold plunge pool for daily home cold therapy.
Eco-friendly heater reducing carbon emissions by 70 percent.
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Funding Insights of Harvia
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Investments & Acquisitions by Harvia
Harvia has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Almost Heaven Saunas and EOS Sauna Technology. 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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Multi-category home appliances are distributed online by the established brand.
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1977 | ||||
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High-end sauna equipment and related technologies are manufactured.
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1944 |
| 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 - Harvia
| 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 |
Harvia Comparisons
Competitors of Harvia
| 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 Harvia
Frequently Asked Questions about Harvia
When was Harvia founded?
Harvia was founded in 1950.
Where is Harvia located?
Harvia is headquartered in Muurame, Finland. It is registered at Muurame, Central Finland, Finland.
What is the annual revenue of Harvia?
Annual revenue of Harvia is $182.03M as on Dec 31, 2024.
What does Harvia do?
Harvia is established as a prominent manufacturer of sauna and spa solutions, with a focus on health and relaxation benefits. Based in Finland, the company has been operating for 75 years, serving customers in over 90 countries. A wide range of products, including electric and wood-burning heaters, infrared systems, and steam solutions, are offered for both residential and commercial use. Innovation and sustainability are prioritized, as seen in eco-friendly designs like the GreenFlame series. Global markets are reached through direct sales and a network of resellers.
What products or services does Harvia offer?
Harvia offers Harvia Fenix, Harvia Cilindro, Harvia Spirit, Harvia Frosty, and Harvia GreenFlame.
How many acquisitions has Harvia made?
Harvia has made 2 acquisitions, including Almost Heaven Saunas, and EOS Sauna Technology.