About Philips
Philips is a company based in Amsterdam (Netherlands) founded in 1891.. Philips has completed 1 acquisition, including SpectraWAVE. Philips offers products and services including Afeitadoras, Airfryer, Lumea IPL, and Sonicare. Philips operates in a competitive market with competitors including Meizu and EMDR Kit, among others.
- Headquarter Amsterdam, Netherlands
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Sectors
Retail
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Phone
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Website
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Social
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- Legal Name Koninklijke Philips N.V.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$130.45 K (USD), Grant
Jan 01, 2017
- Investors
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of Philips
Philips offers a comprehensive portfolio of products and services, including Afeitadoras, Airfryer, Lumea IPL, and Sonicare. 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.
Electric shavers for men's grooming and shaving needs
Device for cooking food using hot air technology
Hair removal device using light pulse technology
Electric toothbrushes for improved dental hygiene
Funding Insights of Philips
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $130,454
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First Round
First Round
(01 Jan 2017)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2017 | Amount | Grant - Philips | Valuation |
investors |
| 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 |
Investors in Philips
Philips has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Philips
Philips has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include SpectraWAVE. 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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Photonic imaging diagnostics for cardiovascular disease treatment are provided.
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2012 |
| 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 - Philips
| 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 |
Philips Comparisons
Competitors of Philips
Philips 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 Meizu and EMDR Kit, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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Multi-category consumer electronics are provided by an internet-first brand.
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| domain | founded_year | HQ Location |
Provides EMDR therapy equipment for mental health professionals via online sales.
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| 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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Frequently Asked Questions about Philips
When was Philips founded?
Philips was founded in 1891 and raised its 1st funding round 126 years after it was founded.
Where is Philips located?
Philips is headquartered in Amsterdam, Netherlands.
What does Philips do?
Philips was founded in 1891 in Amsterdam, Netherlands. Operations focus on the consumer electronics sector, where home appliances, personal care devices, healthcare solutions, and lighting products are designed and manufactured. These offerings are distributed to domestic and international markets via dedicated networks, supporting various applications in daily and professional use.
What products or services does Philips offer?
Philips offers Afeitadoras, Airfryer, Lumea IPL, and Sonicare.
How many acquisitions has Philips made?
Philips has made 1 acquisition, including SpectraWAVE.
Who are Philips's investors?
Philips has 1 investor. Key investors include European Union.
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