Harvia

Muurame, Finland Founded: 1950 • Age: 76 yrs
Harvia is recognized as a leading manufacturer of sauna and spa equipment.

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
  • Sectors
    Consumer
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Consumer → Sports, Leisure & Outdoor
Key Metrics
  • Annual Revenue
    $182.03 M (USD)
    16.38
    as on Dec 31, 2024
  • Net Profit
    $25.18 M (USD)
    4.18
    as on Dec 31, 2024
  • EBITDA
    $44.25 M (USD)
    10.34
    as on Dec 31, 2024
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
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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.

Primary

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.

People of Harvia
Headcount 200-500
Employee Profiles 8
Board Members and Advisors 5
Employee Profiles
People
Sami Linna
Marketing Director
People
Anssi Pelkonen
Sales Director
People
Tomas Hjälmeby
Sales Director
People
Mika Suoja
Production Director

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Board Members and Advisors
people
Olli Liitola
Chairman of the Board
people
Anders Björkell
Member of the Board
people
Ia Adlercreutz
Member of the Board
people
Ari Hiltunen
Member of the Board

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Funding Insights of Harvia

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

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.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Multi-category home appliances are distributed online by the established brand.
1977
High-end sauna equipment and related technologies are manufactured.
1944
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Harvia

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Harvia Comparisons

Employees
+
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Competitors of Harvia

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Harvia

Harvia Plc: Managers' transactions - Castrén
GlobeNewswire7 days ago
Harvia Plc: Managers' transactions - Holmén
GlobeNewswire7 days ago
Harvia Plc: Managers' transactions - Korhonen
GlobeNewswire7 days ago

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.

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