About Sandvik Coromant
Sandvik Coromant is a company based in Mebane (United States) founded in 1942 by Wilhelm Hanglund. Sandvik Coromant has raised $6.77 million across 3 funding rounds from investors including European Union and West Midlands Combined Authority. Sandvik Coromant has completed 1 acquisition, including Dura-Mill. Sandvik Coromant offers products and services including Manufacturing Tools and Machining Services.
- Headquarter Mebane, United States
- Founders Wilhelm Hanglund
- Website sandvik.coromant.com
- Social LinkedIn X Facebook YouTube
- Legal Name Sandvik Coromant
- Total Equity Funding$6.77M (USD)
in 3 rounds
- Latest Funding Round$6.77M (USD), Series A
Oct 2021
- InvestorsEuropean Union
& 1 more
- Investments & Acquisitions
Products & Services of Sandvik Coromant
Sandvik Coromant offers a comprehensive portfolio of products and services, including Manufacturing Tools and Machining Services.
Tools for turning, milling, drilling, and threading are provided to facilitate metalworking processes.
Educational support, training, and consultancy services are offered to address machining challenges.
Apps and channels of Sandvik Coromant
Sandvik Coromant publishes 1 mobile app with over 100K+ downloads; its YouTube channel Sandvik has 65.8K subscribers and 30 videos.
Videos from Sandvik Coromant
The most watched videos on Sandvik Coromant's YouTube channel, Sandvik (65.8K subscribers). Click a video to play it here.
More on Sandvik.
Funding Insights of Sandvik Coromant
Sandvik Coromant has successfully raised a total of $6.77M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $6.77 million completed in October 2021. 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.
- Total Funding $6.77M
- Total Rounds 3
- Last Round Series A — $6.77M
- First Round $134,834
(Jan 2017)
- Investors Count 2
All 3 funding rounds of Sandvik Coromant with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2021 | $6.77M | Series A | – | – | |
| Oct 2017 | $150,852 | Grant | – | – | |
| Jan 2017 | $134,834 | Grant | – | – |
2 investors in total: 2 institutional.
Investors in Sandvik Coromant
Sandvik Coromant has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include European Union and West Midlands Combined Authority.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Regional growth is coordinated across multiple public sectors. | 2016 | wmca.org.uk | Birmingham, United Kingdom | |
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium |
Investor details for Sandvik Coromant
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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- Investor portfolios
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People of Sandvik Coromant
71 people are tracked at Sandvik Coromant (22 in leadership, 49 in team).
| Name | Role | Group |
|---|---|---|
Wilhelm Hanglund | Founder | Leadership |
Nadine Crauwels | CEO | Leadership |
Michael Eneberg | Vice President Global Sales | Leadership |
Andreas Selbherr | Head Of Finance & Controlling Business Unit Solid Round Tools | Leadership |
Jenny Fernqvist | Vice President Corporate Communication And Brand | Leadership |
Agneta Hjorth | Head Of Internal Control And Internal Audit | Leadership |
Tomas Dziugelis | General Manager, Global Head Of Services | Leadership |
Helen Blomqvist | President / CEO / MD | Leadership |
Masahiro Yamamoto | President Coromant Japan, GM Sales Area South And East Asia | Leadership |
Anders Wessling | Head Of Local IT & Local IT Country Manager Greater China Region | Leadership |
David Harbon | General Manager - Sales Area North Central Europe | Leadership |
Annika Langéen | Vice President Offer Management And R&d | Leadership |
Niklas Thoresson | Head Of Business Control & Industry Strategy | Leadership |
Ramaraya Bhat | Head Of Global Sales And Marketing PMO | Leadership |
Ann Öberg | Head Of Sandvik Coromant Data Office | Leadership |
Petra Wejshag | Head Of Product Area Turning And Machine Integration | Leadership |
Ehsan Jalilian | Head Of Global Operations Technology | Leadership |
Stig Jeppsson | Head Of IT Methods & Service And Agile Centre Of Excellence | Leadership |
Sandeep Wankhede | Deputy General Manager - Business Controlling | Leadership |
Sunil Joshi | President Sandvik Coromant Sales, India | Leadership |
51 more people are available in the full profile.
Complete people profiles for Sandvik Coromant
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
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Investments & Acquisitions by Sandvik Coromant
Sandvik Coromant has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Dura-Mill.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Cutting tools for milling applications are supplied by Dura-Mill. | duramill.com | New York, United States | 1971 | Nov 2018 | •••• |
Complete acquisition details for Sandvik Coromant
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
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Timeline of Sandvik Coromant
4 dated milestones of Sandvik Coromant across 79 years, from founding to its latest funding, stage changes and deals.
- Founded Sandvik Coromant is founded.
- Funding First funding round of $135K.
- Acquisition Acquires Dura-Mill.
- Funding Latest funding round, Series A, of $6.8M.
Web traffic of Sandvik Coromant
The website of Sandvik Coromant (sandvik.coromant.com) receives about 454.8K visits a month.
- Monthly visits454.8K
▼ 4.4% vs previous month
Websites whose visitors overlap most with Sandvik Coromant. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| home.sandvik | 100% | 160.5K | #240,449 | View details | |
sandvik.com | sandvik.com | 94% | – | #1,377,743 | – |
| secotools.com | 94% | 184.3K | #214,897 | View details | |
| kennametal.com | 78% | 236.4K | #127,116 | View details | |
| tungaloy.com | 77% | 130.8K | #288,867 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Sandvik Coromant
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- 40 similar websites
- Audience overlap
- Engagement analytics
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Frequently Asked Questions about Sandvik Coromant
Sandvik Coromant was founded in 1942 and raised its 1st funding round 75 years after it was founded.
Sandvik Coromant is headquartered in Mebane, United States. It is registered at Mebane, North Carolina, United States.
Nadine Crauwels is the current CEO of Sandvik Coromant.
Sandvik Coromant is a funded company, having raised a total of $6.77M across 3 funding rounds to date. The company's 1st funding round was a Grant of $134.83K, raised on Jan 2017.
Sandvik Coromant was founded in 1942 by Wilhelm Hanglund and is headquartered in Mebane, United States. Operations focus on the fabrication of metal products within the manufacturing sector. Tools and components for machining and engineering are produced, serving global industries such as automotive and aerospace. Leadership is provided by CEO Nadine Crauwels, with emphasis placed on precision engineering and material innovation across international markets.
Sandvik Coromant offers Manufacturing Tools and Machining Services.
Sandvik Coromant has made 1 acquisition, including Dura-Mill.
Sandvik Coromant has 2 investors. Key investors include European Union, and West Midlands Combined Authority.
Sandvik Coromant operates through Sandvik Coromant.
Yes. Sandvik Coromant publishes Machining Calculator, with over 100,000 downloads.
The website of Sandvik Coromant receives about 455 thousand visits a month.