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
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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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- Legal Name Hmd Mobile India Private Limited
- Date of Incorporation 07 Oct, 2016
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$189.56 M (USD)-4.64as on Mar 31, 2023
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Net Profit
$7.42 M (USD)-40.67as on Mar 31, 2023
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EBITDA
$6.53 M (USD)74.04as on Mar 31, 2023
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Total Equity Funding
$610 M (USD)
in 3 rounds
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Latest Funding Round
$230 M (USD), Series B
Jul 29, 2022
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Investors
Google
& 4 more
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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.
Android smartphone with customizable and repair features.
Feature-rich Android device for everyday use.
Budget Android phone with camera enhancements.
Classic feature phone with modern updates.
Compact 4G feature phone for basic communication.
People of HMD Global
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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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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
Investment portfolio details for HMD Global
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Financial Statements - HMD Global
Detailed financials for HMD Global
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Hmd Global Comparisons
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.
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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
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.
The valuation of HMD Global is $1B as of May 2018.