HMD Global Oy

Espoo, Finland Founded: 2016 • Age: 10 yrs
Manufacturer of android smartphones and feature phones, offering a range of devices with customizable and repairable designs, as well as a suite of solutions for business and individual users
Annual revenue $189.6M Latest available
Total funding $610.0M 3 rounds
Employees 68 Tracked headcount
Investors 5 Known backers
Products 4 Services tracked
Competitors 5 Brand Intelligence

About HMD Global Oy

HMD Global Oy is a company based in Espoo (Finland) founded in 2016. HMD Global Oy has raised $610 million across 3 funding rounds from investors including Google, Qualcomm and Nokia. The company has 68 employees as of April 06, 2024. HMD Global Oy offers products and services including HMD Fusion, HMD Skyline, Nokia 3210, and HMD Pulse Pro. HMD Global Oy operates in a competitive market with competitors including Samsung, Apple, Meizu and Coolpad, among others.

  • Headquarter Espoo, Finland
  • Employees 68 as on 06 Apr, 2024
  • Sectors
    Consumer
  • Phone
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  • Website
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  • Social
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  • Legal Name Hmd Mobile India Private Limited
  • Date of Incorporation 07 Oct, 2016
  • Jurisdiction New Delhi, Delhi, India
Operational Areas
Consumer → Consumer Electronics & Appliances Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $189.56 M (USD)
    -4.64
    as on Mar 31, 2023
  • Net Profit
    $7.42 M (USD)
    -40.67
    as on Mar 31, 2023
  • EBITDA
    $6.53 M (USD)
    74.04
    as on Mar 31, 2023
  • Total Equity Funding
    $610 M (USD)

    in 3 rounds

  • Latest Funding Round
    $230 M (USD), Series B

    Jul 29, 2022

  • Investors
    Google

    & 4 more

  • Employee Count
    68

    as on Apr 06, 2024

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Products & Services of HMD Global Oy

HMD Global Oy offers a comprehensive portfolio of products and services, including HMD Fusion, HMD Skyline, Nokia 3210, and HMD Pulse Pro.

Product name locked
Category locked
Primary

Affordable Android smartphone with customizable features for daily use.

Product name locked
Category locked
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High-performance Android device for advanced users and connectivity.

Product name locked
Category locked
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Basic feature phone offering simple communication and nostalgia.

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Budget Android smartphone focused on user-friendly camera features.

People of HMD Global Oy

Headcount 500-1000
Employee Profiles 68
Board Members and Advisors 2
Employee Profiles
People
Peeyush Kaushik
Sales Head India
People
Abhinay Saurabh
Planning Specialist
People
ᴩɢᴅɪᴘᴍ Gayan Wijethilaka ᴍʙᴀ ᴍꜱʟɪᴍ, ᴄᴩᴍ (ᴜᴋ ꜱʟ ᴀꜱɪᴀ)
Country Head (sri Lanka /nepal/ Singapore)
People
Rex Fryhover
Head Of Operations, North America Region

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Board Members and Advisors
people
Denis Tse
Director
people
Ivan Yeh
Director

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Funding Insights of HMD Global Oy

HMD Global Oy has successfully raised a total of $610M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $230 million completed in July 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.

Investors in HMD Global Oy

HMD Global Oy has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Google, Qualcomm and Nokia.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
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Investor details for HMD Global Oy

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Investments & Acquisitions by HMD Global Oy

Investments
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Investment portfolio details for HMD Global Oy

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Financial Statements - HMD Global Oy

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Detailed financials for HMD Global Oy

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Hmd Global Oy Comparisons

HMD Global Oy Primary company
Description
Manufacturer of android smartphones and feature phones, offe...
Location
Espoo, Finland
Founded Year
2016
Annual Revenue
$189.56 M (USD)
Net Profit
$7.42 M (USD)
EBITDA
$6.53 M (USD)
Employees
68
As of 2024
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Peer comparison for HMD Global Oy

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Competitors of HMD Global Oy

HMD Global Oy operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Samsung, Apple, Meizu and Coolpad, among others.

Company Name Domain Founded year HQ Location Description
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Multi-category electronic products are manufactured globally by the company.
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Consumer electronics, computers, and software are designed and sold worldwide.
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Multi-category consumer electronics are provided by an internet-first brand.
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Wireless solutions and smartphones are provided by Coolpad in China.
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Detailed competitors of HMD Global Oy

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Latest news on Hmd Global Oy

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Complete news archive for HMD Global Oy

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Frequently Asked Questions about HMD Global Oy

HMD Global Oy was founded in 2016 and raised its 1st funding round 2 years after it was founded.

HMD Global Oy is headquartered in Espoo, Finland.

HMD Global Oy is a funded company, having raised a total of $610M across 3 funding rounds to date.

As of Apr 06, 2024, the latest employee count at HMD Global Oy is 68.

Annual revenue of HMD Global Oy is $189.56M as on Mar 31, 2023.

HMD is a technology company that designs and manufactures Android smartphones and feature phones, including the iconic Nokia brand. The company offers a range of devices that cater to different consumer needs, from big battery life to camera quality. HMD also provides customized solutions for businesses and emphasizes self-repair and sustainability through its HMD Skyline and HMD Fusion products.

HMD Global Oy's top competitors include Apple, Samsung and Meizu.

HMD Global Oy offers HMD Fusion, HMD Skyline, Nokia 3210, and HMD Pulse Pro.

HMD Global Oy has 5 investors. Key investors include Google, Qualcomm, Nokia, Fihmb, and Ginko Ventures.

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