About Underwriters Laboratories
Underwriters Laboratories is a company based in Northbrook (United States) founded in 1894.. The company has 15,090 employees as of December 31, 2024. Underwriters Laboratories has completed 27 acquisitions, including Acquirer Systems, Batterieingenieure and CERE. Underwriters Laboratories operates in a competitive market with competitors including Carboledger and Meta Data Tech, among others.
- Headquarter Northbrook, United States
- Employees 15090 as on 31 Dec, 2024
- Stage Public
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
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Social
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- Legal Name Ul Solutions Inc.
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Annual Revenue
$2.87 B7.17as on Dec 31, 2024
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Net Profit
$326 M25.38as on Dec 31, 2024
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EBITDA
$634 M13.42as on Dec 31, 2024
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Latest Funding Round
$289.8 K (USD), Grant
Oct 01, 2019
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Investors
FEMA
& 3 more
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Employee Count
15090
as on Dec 31, 2024
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Investments & Acquisitions
Acquirer Systems
& 26 more
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IPO & Listings of Underwriters Laboratories
Underwriters Laboratories is a publicly listed company on the NYSE with ticker symbol ULS in USA, 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.
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Software Development Team
132 people
Sales and Marketing
116 people
Leadership Team
74 people
Senior Team
30 people
Human Resources and Administration
29 people
Finance and Accounting
22 people
Product Management Team
14 people
Global Team
12 people
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Funding Insights of Underwriters Laboratories
- Total Funding Total Funding
- Total Rounds 13
- Last Round Grant — $289,800
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First Round
First Round
(26 Aug 2009)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2019 | Amount | Grant - Underwriters Laboratories | Valuation |
investors |
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| Sep, 2019 | Amount | Grant - Underwriters Laboratories | Valuation |
investors |
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| Feb, 2018 | Amount | Grant - Underwriters Laboratories | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 Underwriters Laboratories
Underwriters Laboratories has secured backing from 4 investors, including institutional investors. Prominent investors backing the company include FEMA, European Union and National Oceanic and Atmospheric Administration. 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 | |
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Federal emergency management and disaster response are coordinated nationwide.
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Founded Year | Domain | Location | |
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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 Underwriters Laboratories
Underwriters Laboratories has strategically engaged in corporate development activities, having acquired 27 companies. Notable acquisitions include Acquirer Systems, Batterieingenieure and CERE. 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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Data analytics services are provided for business insights and decision-making.
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2017 | ||||
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Company specializing in Li-ion technologies, lead-acid batteries, supercaps, Ni-based technologies, and primary cells
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2015 | ||||
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Solar installation services and products are provided in Spain.
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2015 |
| 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 - Underwriters Laboratories
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Underwriters Laboratories Comparisons
Competitors of Underwriters Laboratories
Underwriters Laboratories 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 Carboledger and Meta Data Tech, 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 |
Digital platform provided for product sustainability and collaboration.
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| domain | founded_year | HQ Location |
Delivers comprehensive product information solutions for businesses and developers.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Latest news on Underwriters Laboratories
Frequently Asked Questions about Underwriters Laboratories
When was Underwriters Laboratories founded?
Underwriters Laboratories was founded in 1894 and raised its 1st funding round 115 years after it was founded.
Where is Underwriters Laboratories located?
Underwriters Laboratories is headquartered in Northbrook, United States. It is registered at Northbrook, Illinois, United States.
Who is the current CEO of Underwriters Laboratories?
Terrence Brady is the current CEO of Underwriters Laboratories.
How many employees does Underwriters Laboratories have?
As of Dec 31, 2024, the latest employee count at Underwriters Laboratories is 15,090.
What is the annual revenue of Underwriters Laboratories?
Annual revenue of Underwriters Laboratories is $2.87B as on Dec 31, 2024.
What does Underwriters Laboratories do?
Underwriters Laboratories was founded in 1894 and is headquartered in Northbrook, United States. Operations focus on safety testing and compliance across various sectors, including product development, sustainability assessments, and supply chain transparency. IoT testing and certification solutions are offered, along with collaboration on standards development for IoT devices and networks. Services support compliance in diverse industries through established testing protocols.
Who are the top competitors of Underwriters Laboratories?
Underwriters Laboratories's top competitors include Carboledger and Meta Data Tech.
Is Underwriters Laboratories publicly traded?
Yes, Underwriters Laboratories is publicly traded on NYSE under the ticker symbol ULS.
How many acquisitions has Underwriters Laboratories made?
Underwriters Laboratories has made 27 acquisitions, including Acquirer Systems, Batterieingenieure, and CERE.
Who are Underwriters Laboratories's investors?
Underwriters Laboratories has 4 investors. Key investors include FEMA, European Union, National Oceanic and Atmospheric Administration, and OSTI.GOV.
What is Underwriters Laboratories's ticker symbol?
The ticker symbol of Underwriters Laboratories is ULS on NYSE.