HMD Global

Espoo, Finland Founded: 2016 • Age: 10 yrs
Mobile technologies for Nokia are manufactured and supplied globally.
Annual revenue $189.6M Latest available
Total funding $610.0M 3 rounds
Employees 68 Tracked headcount
Investors 5 Known backers
Products 5 Services tracked
Competitors 10 Brand Intelligence

About HMD Global

HMD Global is a company based in Espoo (Finland) founded in 2016. HMD Global 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 offers products and services including HMD Fusion, HMD Skyline, HMD Pulse Pro, Nokia 3210, and Nokia 225 4G. HMD Global operates in a competitive market with competitors including Motorola Mobility, Samsung, Apple, Vivo and HTC Corporation, among others.

  • Headquarter Espoo, Finland
  • Employees 68 as on 06 Apr, 2024
  • Stage Unicorn
  • 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

HMD Global offers a comprehensive portfolio of products and services, including HMD Fusion, HMD Skyline, HMD Pulse Pro, Nokia 3210, and Nokia 225 4G.

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Category locked
Primary

Android smartphone with customizable and repair features.

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Feature-rich Android device for everyday use.

Product name locked
Category locked
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Budget Android phone with camera enhancements.

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Classic feature phone with modern updates.

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Compact 4G feature phone for basic communication.

People of HMD Global

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

HMD Global 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

HMD Global 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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A technology company offering products and services, including search engine, cloud computing, advertising, email, productivity software, and more
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Provider of cloud and AI-based cellular communication ICs
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Investor details for HMD Global

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Investments & Acquisitions by HMD Global

Investments
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Investment portfolio details for HMD Global

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Financial Statements - HMD Global

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Detailed financials for HMD Global

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Hmd Global Comparisons

HMD Global Primary company
Description
Mobile technologies for Nokia are manufactured and supplied ...
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

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Competitors of HMD Global

HMD Global 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 Motorola Mobility, Samsung, Apple, Vivo and HTC Corporation, among others.

Company Name Domain Founded year HQ Location Description
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Mobile devices, cases, tablets, and screen protectors are offered online.
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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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Smartphones are designed, produced, and distributed by Vivo.
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Brand of VIVE, exodus, and 5G products
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Manufacturer of smartphones and accessories
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Detailed competitors of HMD Global

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Latest news on Hmd Global

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Complete news archive for HMD Global

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Frequently Asked Questions about HMD Global

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

HMD Global is headquartered in Espoo, Finland.

HMD Global 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 is 68.

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

HMD Global was established in 2016 in Espoo, Finland, as a key player in the telecommunications sector. Mobile devices and related technologies under the Nokia brand are developed, manufactured, and distributed by the company. Operations encompass design, production, and supply chain management, with a focus on feature phones and smartphones. Products are supplied to markets worldwide through partnerships and direct channels, emphasizing reliable hardware solutions.

HMD Global's top competitors include Apple, Motorola Mobility and Samsung.

HMD Global offers HMD Fusion, HMD Skyline, HMD Pulse Pro, Nokia 3210, and Nokia 225 4G.

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

The valuation of HMD Global is $1B as of May 2018.

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