Ricardo
About Ricardo
Ricardo is a company founded in 1915 was acquired by WSP in June 2025. It operates as a Professional Services. The company has 3,000 employees as of June 30, 2024. Ricardo has completed 9 acquisitions, including Aither, Cascade Consulting and E3 Advisory. Ricardo offers products and services including Environmental Consultancy, Engineering Consultancy, and Energy Transition Solutions. Ricardo operates in a competitive market with competitors including Dana, Linamar, Gates, FPT Industrial and Happy Forgings, among others.
- Employees 3000 as on 30 Jun, 2024
- Stage Public
-
Sectors
Transportation, Automotive & Logistics
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Ricardo Plc
-
Annual Revenue
$594.77 M (USD)6.63as on Jun 30, 2024
-
Net Profit
$877.05 K (USD)112.96as on Jun 30, 2024
-
EBITDA
$64.02 M (USD)-14.12as on Jun 30, 2024
-
Latest Funding Round
-
Investors
Gov.uk
& 2 more
-
Employee Count
3000
as on Jun 30, 2024
-
Investments & Acquisitions
Aither
& 8 more
-
Acquired by
WSP
(Jun 11, 2025)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
IPO & Listings of Ricardo
Ricardo is a publicly listed company on the LSE with ticker symbol RCDO in UK, operating in the Commercial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Ricardo
Ricardo offers a comprehensive portfolio of products and services, including Environmental Consultancy, Engineering Consultancy, and Energy Transition Solutions. 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.
Environmental solutions are provided for sustainable global impact.
Engineering expertise is delivered for transport and energy.
Energy transition strategies are developed for net zero.
Unlock access to complete
Unlock access to complete
Funding Insights of Ricardo
- Total Funding Total Funding
- Total Rounds 44
- Last Round Last Round
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2022 | Amount | Grant - Ricardo | Valuation |
investors |
|
| Jul, 2022 | Amount | Grant - Ricardo | Valuation |
investors |
|
| Mar, 2022 | Amount | Grant - Ricardo | Valuation |
investors |
| 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 |
Investors in Ricardo
Ricardo has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Gov.uk, WSP and 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 |
|---|---|---|---|---|
|
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
|
Founded Year | Domain | Location | |
|
Online government services and information are provided to users.
|
Founded Year | Domain | Location | |
|
Corporate and career solutions are provided via an integrated platform.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Ricardo
Ricardo has strategically engaged in corporate development activities, having acquired 9 companies. Notable acquisitions include Aither, Cascade Consulting and E3 Advisory. 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 |
|---|---|---|---|---|---|
|
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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Environmental and urban infrastructure services are provided to clients.
|
2016 | ||||
|
Consulting firm that provides infrastructure advisory services
|
2014 | ||||
|
E3 Modelling is engaged in energy-climate-economy nexus consulting.
|
2013 |
| 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 - Ricardo
| 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 |
Ricardo Comparisons
Competitors of Ricardo
Ricardo 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 Dana, Linamar, Gates, FPT Industrial and Happy Forgings, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Driveline technologies and components for electrified light vehicles are supplied.
|
|
| domain | founded_year | HQ Location |
Motor vehicle and agricultural parts are manufactured and supplied.
|
|
| domain | founded_year | HQ Location |
Transmission components are manufactured and supplied to the aftermarket.
|
|
| domain | founded_year | HQ Location |
Manufacturer and supplier of powertrain components
|
|
| domain | founded_year | HQ Location |
Drive transmission components are manufactured and supplied.
|
| 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 Ricardo
Frequently Asked Questions about Ricardo
When was Ricardo founded?
Ricardo was founded in 1915 and raised its 1st funding round 97 years after it was founded.
Who is the current CEO of Ricardo?
Dave Shemmans is the current CEO of Ricardo.
How many employees does Ricardo have?
As of Jun 30, 2024, the latest employee count at Ricardo is 3,000.
What is the annual revenue of Ricardo?
Annual revenue of Ricardo is $594.77M as on Jun 30, 2024.
What does Ricardo do?
Ricardo is established as a global consultancy specializing in environmental and engineering services. Expertise is provided at the intersection of transport, energy, and climate agendas. Solutions are delivered across eight key market sectors, including security, aerospace, automotive, energy, utilities, waste, financial services, government, public sector, industrial, manufacturing, maritime, rail, and mass transit. Services span the entire value chain, from policy and strategy to program delivery. Sustainable mobility and energy transition strategies are developed to support national net zero goals and create a sustainable future worldwide.
Who are the top competitors of Ricardo?
Ricardo's top competitors include Happy Forgings, Linamar and Gates.
What products or services does Ricardo offer?
Ricardo offers Environmental Consultancy, Engineering Consultancy, and Energy Transition Solutions.
Is Ricardo publicly traded?
Yes, Ricardo is publicly traded on LSE under the ticker symbol RCDO.
How many acquisitions has Ricardo made?
Ricardo has made 9 acquisitions, including Aither, Cascade Consulting, and E3 Advisory.
Who are Ricardo's investors?
Ricardo has 3 investors. Key investors include Gov.uk, WSP, and European Union.
What is Ricardo's ticker symbol?
The ticker symbol of Ricardo is RCDO on LSE.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.